1,650 Shares in Viking Holdings Ltd (NYSE:VIK) Purchased by Golden State Wealth Management LLC

Golden State Wealth Management LLC purchased a new position in Viking Holdings Ltd (NYSE:VIK) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 1,650 shares of the company’s stock, valued at approximately $73,000.

A number of other institutional investors also recently bought and sold shares of VIK. FMR LLC increased its stake in shares of Viking by 27.8% in the third quarter. FMR LLC now owns 6,979,454 shares of the company’s stock worth $243,513,000 after acquiring an additional 1,518,773 shares during the period. Franklin Resources Inc. grew its position in Viking by 25.7% during the 3rd quarter. Franklin Resources Inc. now owns 4,090,768 shares of the company’s stock worth $154,931,000 after purchasing an additional 836,353 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Viking by 36.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,951,929 shares of the company’s stock valued at $102,993,000 after buying an additional 793,795 shares during the last quarter. D1 Capital Partners L.P. lifted its holdings in shares of Viking by 192.9% in the 3rd quarter. D1 Capital Partners L.P. now owns 2,586,161 shares of the company’s stock valued at $90,231,000 after buying an additional 1,703,301 shares during the period. Finally, Forest Avenue Capital Management LP boosted its stake in shares of Viking by 11.4% in the third quarter. Forest Avenue Capital Management LP now owns 1,903,208 shares of the company’s stock worth $66,403,000 after buying an additional 194,082 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on VIK. Citigroup began coverage on Viking in a research report on Thursday, December 19th. They set a “buy” rating and a $54.00 price target for the company. Barclays reiterated an “equal weight” rating and issued a $49.00 target price on shares of Viking in a research note on Friday, December 13th. Bank of America lifted their price objective on shares of Viking from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Truist Financial increased their target price on shares of Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research note on Monday, December 2nd. Finally, JPMorgan Chase & Co. lifted their price target on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.

Viking Price Performance

NYSE VIK opened at $51.75 on Tuesday. The business has a fifty day moving average price of $46.48 and a 200 day moving average price of $40.67. Viking Holdings Ltd has a one year low of $25.71 and a one year high of $53.14.

Viking 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.