Versor Investments LP Has $1.33 Million Position in Viking Holdings Ltd. $VIK

Versor Investments LP increased its holdings in shares of Viking Holdings Ltd. (NYSE:VIK) by 76.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 21,427 shares of the company’s stock after acquiring an additional 9,262 shares during the quarter. Versor Investments LP’s holdings in Viking were worth $1,332,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Pittenger & Anderson Inc. acquired a new position in Viking in the 2nd quarter valued at approximately $27,000. Private Trust Co. NA bought a new stake in shares of Viking in the second quarter worth $29,000. TFC Financial Management Inc. acquired a new stake in Viking in the third quarter valued at $44,000. Sentry Investment Management LLC acquired a new stake in Viking in the third quarter valued at $44,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Viking during the 2nd quarter worth $53,000. 98.84% of the stock is owned by institutional investors.

Viking Trading Down 0.1%

Shares of VIK stock opened at $76.94 on Tuesday. Viking Holdings Ltd. has a fifty-two week low of $31.79 and a fifty-two week high of $77.24. The company has a debt-to-equity ratio of 5.68, a quick ratio of 0.61 and a current ratio of 0.63. The stock has a 50 day simple moving average of $71.22 and a two-hundred day simple moving average of $64.47. The company has a market cap of $34.10 billion, a P/E ratio of 35.95, a PEG ratio of 0.67 and a beta of 2.08.

Viking (NYSE:VIK) last posted its quarterly earnings results on Wednesday, November 19th. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Viking had a return on equity of 716.92% and a net margin of 15.53%.The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 EPS. Research analysts forecast that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on VIK shares. Bank of America increased their price target on Viking from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, January 12th. UBS Group upped their target price on Viking from $69.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Citigroup raised their price target on shares of Viking from $74.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Truist Financial boosted their price target on shares of Viking from $59.00 to $61.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Finally, Jefferies Financial Group raised shares of Viking from a “hold” rating to a “buy” rating and upped their price objective for the company from $60.00 to $80.00 in a research note on Monday, December 15th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Viking presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

About Viking

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.