Riposte Capital LLC Decreases Position in Viking Holdings Ltd (NYSE:VIK)

Riposte Capital LLC cut its holdings in shares of Viking Holdings Ltd (NYSE:VIK) by 42.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 200,000 shares of the company’s stock after selling 150,000 shares during the quarter. Viking comprises approximately 1.7% of Riposte Capital LLC’s holdings, making the stock its 21st biggest position. Riposte Capital LLC’s holdings in Viking were worth $8,812,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VIK. Avior Wealth Management LLC purchased a new position in Viking in the 3rd quarter valued at approximately $27,000. Golden State Wealth Management LLC purchased a new position in Viking during the 4th quarter valued at about $73,000. New York State Common Retirement Fund bought a new stake in shares of Viking during the fourth quarter valued at about $119,000. Rhumbline Advisers purchased a new stake in shares of Viking in the fourth quarter worth about $130,000. Finally, Vestcor Inc bought a new position in shares of Viking in the fourth quarter valued at approximately $141,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Stock Performance

NYSE:VIK opened at $40.11 on Monday. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $53.14. The business has a 50 day moving average price of $47.22 and a 200-day moving average price of $43.07. The firm has a market cap of $17.30 billion and a PE ratio of 154.25.

Viking (NYSE:VIK) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.09. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.34 billion. Viking’s revenue was up 20.5% on a year-over-year basis. Research analysts predict that Viking Holdings Ltd will post 1.49 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. UBS Group increased their target price on shares of Viking from $54.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday, March 18th. Morgan Stanley lowered their price objective on Viking from $53.00 to $49.00 and set an “overweight” rating on the stock in a research report on Friday. Barclays set a $46.00 target price on Viking and gave the stock an “equal weight” rating in a research report on Wednesday, March 12th. JPMorgan Chase & Co. lifted their price target on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, Truist Financial boosted their price target on shares of Viking from $49.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, March 14th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.33.

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.