Krilogy Financial LLC Buys 6,924 Shares of Viking Holdings Ltd. $VIK

Krilogy Financial LLC lifted its stake in Viking Holdings Ltd. (NYSE:VIK) by 175.3% during the fourth quarter, Holdings Channel reports. The fund owned 10,874 shares of the company’s stock after acquiring an additional 6,924 shares during the quarter. Krilogy Financial LLC’s holdings in Viking were worth $758,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Invesco Ltd. raised its stake in shares of Viking by 32.8% in the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock valued at $873,246,000 after acquiring an additional 3,471,244 shares in the last quarter. Federated Hermes Inc. raised its stake in shares of Viking by 381.8% in the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock valued at $526,792,000 after acquiring an additional 6,715,666 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Viking by 80.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock valued at $504,601,000 after acquiring an additional 3,615,969 shares in the last quarter. Dream Peak Capital Ltd acquired a new stake in Viking in the 4th quarter valued at approximately $223,744,000. Finally, Artisan Partners Limited Partnership grew its holdings in Viking by 33.9% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,944,248 shares of the company’s stock valued at $183,014,000 after buying an additional 745,509 shares during the last quarter. 98.84% of the stock is owned by institutional investors.

Insider Buying and Selling at Viking

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

Analyst Ratings Changes

VIK has been the topic of a number of research analyst reports. Citigroup raised their target price on Viking from $88.00 to $90.00 and gave the company a “buy” rating in a report on Monday, April 13th. Wall Street Zen raised Viking from a “hold” rating to a “buy” rating in a report on Tuesday. Stifel Nicolaus raised their target price on Viking from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Susquehanna initiated coverage on Viking in a report on Wednesday. They issued a “positive” rating and a $100.00 target price on the stock. Finally, Rothschild & Co Redburn set a $95.00 target price on Viking and gave the company a “buy” rating in a report on Tuesday, April 14th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.93.

Viking Price Performance

Shares of NYSE:VIK opened at $80.02 on Thursday. Viking Holdings Ltd. has a 1-year low of $38.50 and a 1-year high of $87.00. The firm has a market capitalization of $35.66 billion, a PE ratio of 31.14, a PEG ratio of 1.50 and a beta of 1.90. The business’s 50 day moving average is $75.25 and its 200-day moving average is $69.73. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76.

Viking (NYSE:VIK) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.67 earnings per share for the quarter. Viking had a return on equity of 240.75% and a net margin of 17.65%.The company had revenue of $1.72 billion for the quarter. Sell-side analysts predict that Viking Holdings Ltd. will post 3.32 earnings per share for the current year.

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.