Viking Holdings Ltd. $VIK Shares Acquired by Sculptor Capital LP

Sculptor Capital LP lifted its holdings in shares of Viking Holdings Ltd. (NYSE:VIK) by 26.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,500,000 shares of the company’s stock after acquiring an additional 318,000 shares during the period. Viking accounts for approximately 1.1% of Sculptor Capital LP’s investment portfolio, making the stock its 18th biggest holding. Sculptor Capital LP’s holdings in Viking were worth $107,115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Senator Investment Group LP acquired a new stake in shares of Viking during the 4th quarter worth about $33,920,000. Panagora Asset Management Inc. raised its position in shares of Viking by 2,738.2% during the 4th quarter. Panagora Asset Management Inc. now owns 195,265 shares of the company’s stock worth $13,944,000 after acquiring an additional 188,385 shares in the last quarter. MML Investors Services LLC grew its stake in Viking by 3.9% during the 4th quarter. MML Investors Services LLC now owns 10,992 shares of the company’s stock worth $785,000 after buying an additional 415 shares during the last quarter. Mariner LLC grew its stake in Viking by 641.6% during the 4th quarter. Mariner LLC now owns 120,835 shares of the company’s stock worth $8,636,000 after buying an additional 104,542 shares during the last quarter. Finally, NFJ Investment Group LLC purchased a new position in Viking during the 4th quarter worth approximately $4,047,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Viking Stock Up 2.6%

Viking stock opened at $94.65 on Tuesday. The company has a debt-to-equity ratio of 5.27, a current ratio of 0.78 and a quick ratio of 0.76. Viking Holdings Ltd. has a 1-year low of $47.02 and a 1-year high of $96.54. The company has a market cap of $42.18 billion, a PE ratio of 35.19, a price-to-earnings-growth ratio of 1.33 and a beta of 1.59. The stock’s 50 day moving average price is $84.11 and its 200 day moving average price is $76.36.

Viking (NYSE:VIK) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.11) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.11). Viking had a return on equity of 149.40% and a net margin of 18.00%.The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the business earned ($0.24) earnings per share. The company’s revenue for the quarter was up 17.5% compared to the same quarter last year. On average, sell-side analysts predict that Viking Holdings Ltd. will post 3.28 EPS for the current fiscal year.

Insider Buying and Selling at Viking

In related news, EVP Jeffrey Dash sold 46,369 shares of Viking stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $80.23, for a total value of $3,720,184.87. Following the sale, the executive vice president directly owned 420,022 shares in the company, valued at $33,698,365.06. The trade was a 9.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VIK. Citigroup restated a “buy” rating on shares of Viking in a research note on Friday, May 15th. UBS Group restated a “buy” rating and set a $100.00 price target on shares of Viking in a research note on Wednesday, May 27th. Morgan Stanley restated an “equal weight” rating and set a $86.00 price target (up from $81.00) on shares of Viking in a research note on Friday, May 15th. Truist Financial upgraded Viking from a “hold” rating to a “buy” rating and raised their price target for the stock from $75.00 to $102.00 in a research note on Friday, May 22nd. Finally, Rothschild & Co Redburn set a $95.00 price target on Viking and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Thirteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $96.38.

About Viking

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.