20,415 Shares in Viking Holdings Ltd. $VIK Purchased by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new position in shares of Viking Holdings Ltd. (NYSE:VIK) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 20,415 shares of the company’s stock, valued at approximately $1,458,000.

A number of other large investors have also added to or reduced their stakes in VIK. Norges Bank purchased a new stake in Viking during the fourth quarter worth about $372,297,000. Invesco Ltd. increased its holdings in Viking by 32.8% during the third quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock worth $873,246,000 after buying an additional 3,471,244 shares during the last quarter. Dream Peak Capital Ltd purchased a new stake in Viking during the fourth quarter worth about $223,744,000. State Street Corp boosted its position in Viking by 34,748.5% during the second 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 bought a new position in Viking during the fourth quarter worth about $113,364,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Price Performance

VIK stock opened at $92.04 on Monday. The firm has a 50 day moving average of $83.71 and a 200-day moving average of $76.17. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 5.27. Viking Holdings Ltd. has a 12 month low of $46.06 and a 12 month high of $94.99. The firm has a market capitalization of $41.02 billion, a P/E ratio of 34.22, a price-to-earnings-growth ratio of 1.33 and a beta of 1.59.

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

Insider Activity at Viking

In other news, EVP Jeffrey Dash sold 46,369 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total value of $3,720,184.87. Following the completion of the transaction, the executive vice president directly owned 420,022 shares in the company, valued at approximately $33,698,365.06. This trade represents a 9.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Analyst Ratings Changes

A number of equities analysts have weighed in on VIK shares. Morgan Stanley reiterated an “equal weight” rating and set a $86.00 target price (up from $81.00) on shares of Viking in a research report on Friday, May 15th. Barclays increased their target price on shares of Viking from $76.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Friday, May 15th. Weiss Ratings lowered shares of Viking from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 18th. Wells Fargo & Company upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $79.00 to $109.00 in a research report on Monday, May 18th. Finally, Wall Street Zen upgraded shares of Viking from a “hold” rating to a “buy” rating in a research report on Monday, June 8th. Thirteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Viking presently has a consensus rating of “Moderate Buy” and an average price target of $96.38.

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.