509,380 Shares in Viking Holdings Ltd. $VIK Acquired by Junto Capital Management LP

Junto Capital Management LP purchased a new stake in Viking Holdings Ltd. (NYSE:VIK) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 509,380 shares of the company’s stock, valued at approximately $53,317,000. Junto Capital Management LP owned approximately 0.11% of Viking as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Hiddenite Capital Partners LP purchased a new position in shares of Viking in the 4th quarter valued at $3,213,000. The Manufacturers Life Insurance Company lifted its position in Viking by 19.8% in the first quarter. The Manufacturers Life Insurance Company now owns 581,948 shares of the company’s stock valued at $42,762,000 after acquiring an additional 96,166 shares during the last quarter. Stephens Investment Management Group LLC boosted its stake in Viking by 39.2% in the fourth quarter. Stephens Investment Management Group LLC now owns 956,147 shares of the company’s stock valued at $68,278,000 after acquiring an additional 269,274 shares in the last quarter. World Investment Advisors acquired a new position in Viking in the fourth quarter valued at $1,151,000. Finally, Qsemble Capital Management LP purchased a new position in shares of Viking during the fourth quarter worth about $4,220,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Viking news, EVP Richard Marnell sold 11,287 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $92.85, for a total transaction of $1,047,997.95. Following the completion of the transaction, the executive vice president owned 117,050 shares in the company, valued at approximately $10,868,092.50. This represents a 8.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders have sold 17,566 shares of company stock worth $1,640,166.

Viking Trading Down 3.3%

Shares of VIK stock opened at $85.21 on Thursday. The company has a market capitalization of $37.98 billion, a P/E ratio of 28.31, a price-to-earnings-growth ratio of 1.04 and a beta of 1.41. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.61. The business’s 50 day moving average is $97.31 and its two-hundred day moving average is $87.83. Viking Holdings Ltd. has a twelve month low of $56.37 and a twelve month high of $110.09.

Viking (NYSE:VIK) last issued its quarterly earnings results on Thursday, August 20th. The company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.05. Viking had a return on equity of 117.98% and a net margin of 19.33%.The firm had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.14 billion. During the same period last year, the company earned $0.99 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Equities analysts forecast that Viking Holdings Ltd. will post 3.2 EPS for the current year.

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking FK’s Champions League debut and its coverage in UEFA and sports media may increase name recognition for “Viking,” but the soccer club is unrelated to Viking Holdings Ltd. (NYSE: VIK). Viking’s unlikely journey to the Champions League
• Neutral Sentiment: Articles covering the VfB Stuttgart–Viking FK match, confirmed lineups, Stuttgart’s victory and Ermedin Demirović’s hat trick concern football news and have no direct implications for Viking Holdings’ cruise operations, earnings or outlook. Stuttgart match report
• Neutral Sentiment: Reports about Viking silver hoards in Denmark and Finland, as well as historical coverage of Viking berserkers, are unrelated to the company and should not affect its valuation. Danish Viking silver discovery
• Neutral Sentiment: A “shipping stocks worth watching” article is the only potentially market-related item, but the headline alone does not identify a new development involving Viking Holdings or provide a clear explanation for the stock’s move. Best Shipping Stocks Worth Watching
• Negative Sentiment: There is no verified negative fundamental news about Viking Holdings in the supplied articles. The decrease therefore appears more likely related to trading dynamics, broader market or travel-sector sentiment, or profit-taking rather than any of these headlines.

Wall Street Analyst Weigh In

VIK has been the topic of a number of research analyst reports. The Goldman Sachs Group lifted their target price on Viking from $108.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Susquehanna raised their price target on Viking from $100.00 to $105.00 and gave the stock a “positive” rating in a research note on Friday, May 15th. BNP Paribas Exane restated an “outperform” rating and set a $121.00 price target (up from $104.00) on shares of Viking in a research note on Tuesday, July 14th. Sanford C. Bernstein assumed coverage on Viking in a research report on Wednesday, June 3rd. They set an “outperform” rating and a $120.00 price target on the stock. Finally, Jefferies Financial Group boosted their price objective on Viking from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Viking has an average rating of “Moderate Buy” and a consensus target price of $107.33.

About Viking

Viking Holdings Ltd. is a global travel company that operates the Viking brand of destination-focused cruises. Its offerings include river cruises, ocean cruises and expedition voyages, with an emphasis on cultural enrichment, regional cuisine and immersive shore excursions rather than onboard casinos or other traditional cruise-ship amenities.

Viking’s river cruise business serves major waterways in Europe, including the Rhine, Main, Danube, Rhône, Saône, Seine and Douro, as well as selected rivers in other regions such as Asia, Egypt and the Mississippi in the United States.