5,371 Shares in Viking Holdings Ltd (NYSE:VIK) Bought by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new stake in shares of Viking Holdings Ltd (NYSE:VIK) during the third quarter, Holdings Channel reports. The fund acquired 5,371 shares of the company’s stock, valued at approximately $187,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd boosted its holdings in Viking by 120.7% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 23,356 shares of the company’s stock valued at $815,000 after acquiring an additional 12,771 shares during the period. XTX Topco Ltd bought a new stake in Viking in the third quarter valued at approximately $1,344,000. Zimmer Partners LP grew its holdings in shares of Viking by 70.0% in the third quarter. Zimmer Partners LP now owns 1,062,500 shares of the company’s stock worth $37,071,000 after purchasing an additional 437,500 shares during the last quarter. Soros Fund Management LLC increased its stake in shares of Viking by 15.4% in the third quarter. Soros Fund Management LLC now owns 750,000 shares of the company’s stock worth $26,168,000 after buying an additional 100,000 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of Viking by 64.5% in the third quarter. Stifel Financial Corp now owns 12,428 shares of the company’s stock worth $434,000 after buying an additional 4,875 shares during the period. 98.84% of the stock is owned by institutional investors.

Viking Price Performance

Shares of Viking stock opened at $43.38 on Thursday. The business has a fifty day simple moving average of $42.88 and a two-hundred day simple moving average of $36.97. Viking Holdings Ltd has a 12 month low of $25.71 and a 12 month high of $47.62.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VIK shares. Wells Fargo & Company increased their price target on shares of Viking from $35.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, September 4th. Morgan Stanley raised Viking from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $37.00 to $49.00 in a research note on Tuesday, November 12th. Barclays reaffirmed an “equal weight” rating and set a $49.00 price target on shares of Viking in a research report on Friday, December 13th. Bank of America lifted their price objective on Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Finally, Truist Financial upped their target price on Viking from $38.00 to $49.00 and gave the company a “hold” rating in a report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.92.

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.