133,923 Shares in Viking Holdings Ltd (NYSE:VIK) Bought by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC acquired a new stake in Viking Holdings Ltd (NYSE:VIK) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 133,923 shares of the company’s stock, valued at approximately $5,901,000.

Other institutional investors also recently bought and sold shares of the company. Avior Wealth Management LLC lifted its holdings in shares of Viking by 37.1% during the fourth quarter. Avior Wealth Management LLC now owns 1,053 shares of the company’s stock worth $46,000 after purchasing an additional 285 shares during the period. CIBC Asset Management Inc increased its position in Viking by 5.6% during the 4th quarter. CIBC Asset Management Inc now owns 9,257 shares of the company’s stock worth $408,000 after purchasing an additional 491 shares during the period. Commerce Bank raised its stake in shares of Viking by 7.9% during the 4th quarter. Commerce Bank now owns 8,537 shares of the company’s stock worth $376,000 after buying an additional 625 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Viking by 3.5% in the 4th quarter. Merit Financial Group LLC now owns 20,800 shares of the company’s stock valued at $916,000 after buying an additional 700 shares during the period. Finally, Simon Quick Advisors LLC boosted its stake in shares of Viking by 7.2% in the fourth quarter. Simon Quick Advisors LLC now owns 17,410 shares of the company’s stock valued at $767,000 after buying an additional 1,165 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Loop Capital initiated coverage on Viking in a report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 target price for the company. Northcoast Research initiated coverage on shares of Viking in a research note on Friday, April 25th. They issued a “buy” rating and a $51.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of Viking from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Barclays reduced their price target on shares of Viking from $46.00 to $45.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 22nd. Finally, The Goldman Sachs Group lowered their price target on Viking from $51.00 to $44.00 and set a “neutral” rating on the stock in a report on Wednesday, April 23rd. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.89.

Viking Stock Performance

VIK stock opened at $40.79 on Friday. Viking Holdings Ltd has a one year low of $26.32 and a one year high of $53.14. The stock has a market capitalization of $17.60 billion and a P/E ratio of 156.88. The company has a 50 day moving average price of $41.10 and a two-hundred day moving average price of $43.97.

Viking (NYSE:VIK) last released its earnings results on Tuesday, March 11th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.09. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.34 billion. The company’s revenue was up 20.5% compared to the same quarter last year. Research analysts forecast that Viking Holdings Ltd will post 1.49 earnings per share for the current fiscal year.

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.