GSA Capital Partners LLP Takes $980,000 Position in Viking Holdings Ltd. $VIK

GSA Capital Partners LLP bought a new position in Viking Holdings Ltd. (NYSE:VIK) in the fourth quarter, HoldingsChannel.com reports. The firm bought 13,725 shares of the company’s stock, valued at approximately $980,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VIK. Federated Hermes Inc. boosted its stake in Viking by 381.8% in the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock worth $526,792,000 after purchasing an additional 6,715,666 shares during the period. Invesco Ltd. boosted its stake in Viking by 32.8% in the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock worth $873,246,000 after purchasing an additional 3,471,244 shares during the period. Dream Peak Capital Ltd acquired a new position in Viking in the 4th quarter worth $223,744,000. State Street Corp boosted its stake in Viking by 34,748.5% in the 2nd quarter. State Street Corp now owns 1,812,120 shares of the company’s stock worth $96,568,000 after purchasing an additional 1,806,920 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new position in Viking in the 4th quarter worth $113,364,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Viking Trading Up 0.7%

Shares of NYSE:VIK opened at $83.68 on Friday. The company’s 50-day moving average price is $77.81 and its two-hundred day moving average price is $72.79. The company has a debt-to-equity ratio of 5.27, a current ratio of 0.78 and a quick ratio of 0.77. Viking Holdings Ltd. has a one year low of $42.20 and a one year high of $92.00. The stock has a market capitalization of $37.29 billion, a PE ratio of 31.11, a price-to-earnings-growth ratio of 1.20 and a beta of 1.57.

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

Wall Street Analyst Weigh In

VIK has been the subject of a number of research analyst reports. Truist Financial upped their target price on shares of Viking from $61.00 to $75.00 and gave the stock a “hold” rating in a research note on Tuesday, March 24th. UBS Group upped their target price on shares of Viking from $79.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Citigroup reaffirmed a “buy” rating on shares of Viking in a research note on Friday, May 15th. The Goldman Sachs Group upped their target price on shares of Viking from $84.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Rothschild & Co Redburn set a $95.00 target price on shares of Viking and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $90.71.

Insider Buying and Selling

In other Viking news, EVP Jeffrey Dash sold 46,369 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the sale, the executive vice president directly owned 420,022 shares of the company’s stock, valued at $33,698,365.06. The trade was a 9.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Viking Company Profile

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.