Viking Holdings Ltd. $VIK Shares Acquired by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership increased its stake in Viking Holdings Ltd. (NYSE:VIK) by 33.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,944,248 shares of the company’s stock after buying an additional 745,509 shares during the period. Artisan Partners Limited Partnership owned about 0.66% of Viking worth $183,014,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VIK. TFC Financial Management Inc. bought a new stake in shares of Viking in the 3rd quarter worth about $44,000. Sentry Investment Management LLC acquired a new position in Viking in the third quarter worth about $44,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Viking during the second quarter valued at approximately $53,000. NewEdge Advisors LLC raised its stake in Viking by 92.0% during the first quarter. NewEdge Advisors LLC now owns 1,440 shares of the company’s stock valued at $57,000 after buying an additional 690 shares in the last quarter. Finally, Park Place Capital Corp bought a new position in Viking during the 3rd quarter worth approximately $58,000. 98.84% of the stock is currently owned by institutional investors.

Viking Stock Up 0.6%

VIK stock opened at $79.66 on Friday. The stock has a market cap of $35.30 billion, a PE ratio of 37.22, a price-to-earnings-growth ratio of 0.69 and a beta of 2.07. The firm’s 50-day simple moving average is $73.49 and its 200 day simple moving average is $66.11. Viking Holdings Ltd. has a fifty-two week low of $31.79 and a fifty-two week high of $81.48. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.68.

Analysts Set New Price Targets

Several research analysts have recently commented on VIK shares. UBS Group lifted their target price on Viking from $69.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Wall Street Zen cut Viking from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Truist Financial boosted their target price on shares of Viking from $59.00 to $61.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Bank of America increased their target price on shares of Viking from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Citigroup raised their price target on shares of Viking from $74.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.00.

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.