Viking Holdings Ltd (NYSE:VIK) Holdings Boosted by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its holdings in Viking Holdings Ltd (NYSE:VIK) by 120.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,356 shares of the company’s stock after purchasing an additional 12,771 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Viking were worth $815,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in Viking during the second quarter valued at $1,004,000. American National Bank purchased a new stake in shares of Viking in the second quarter worth approximately $68,000. Bank of New York Mellon Corp acquired a new stake in shares of Viking during the second quarter worth approximately $670,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Viking during the second quarter worth approximately $11,685,000. Finally, Lisanti Capital Growth LLC acquired a new stake in Viking during the second quarter valued at $1,597,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on VIK. Bank of America raised their price target on Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Truist Financial raised their price objective on shares of Viking from $38.00 to $49.00 and gave the company a “hold” rating in a research report on Monday, December 2nd. Barclays reissued an “equal weight” rating and issued a $49.00 target price on shares of Viking in a research report on Friday. Stifel Nicolaus raised their price target on shares of Viking from $39.00 to $50.00 and gave the company a “buy” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.92.

Viking Trading Down 1.5 %

Viking stock opened at $45.49 on Friday. The business’s 50-day simple moving average is $42.51 and its 200-day simple moving average is $36.67. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $47.62.

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.