Aurora Investment Counsel Invests $1.11 Million in Viking Holdings Ltd. $VIK

Aurora Investment Counsel acquired a new stake in shares of Viking Holdings Ltd. (NYSE:VIK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,785 shares of the company’s stock, valued at approximately $1,106,000.

A number of other institutional investors have also made changes to their positions in the stock. Private Trust Co. NA bought a new stake in Viking during the second quarter worth approximately $29,000. TFC Financial Management Inc. bought a new position in shares of Viking in the third quarter valued at approximately $44,000. Sentry Investment Management LLC acquired a new stake in shares of Viking in the third quarter worth $44,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Viking during the 2nd quarter worth $53,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Viking by 92.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,440 shares of the company’s stock worth $57,000 after buying an additional 690 shares during the period. 98.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Viking from $73.00 to $74.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Barclays increased their target price on Viking from $62.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, November 20th. Bank of America lifted their price target on Viking from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. UBS Group upped their price target on Viking from $69.00 to $79.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Finally, Wells Fargo & Company raised their price objective on shares of Viking from $56.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 20th. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $68.00.

Viking Trading Up 2.3%

Viking stock opened at $78.79 on Friday. The business has a 50 day moving average price of $72.85 and a two-hundred day moving average price of $65.58. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.68. Viking Holdings Ltd. has a 12 month low of $31.79 and a 12 month high of $79.62. The stock has a market cap of $34.91 billion, a price-to-earnings ratio of 36.82, a price-to-earnings-growth ratio of 0.69 and a beta of 2.07.

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

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.