R Squared Ltd Acquires Shares of 7,280 Viking Holdings Ltd (NYSE:VIK)

R Squared Ltd bought a new position in Viking Holdings Ltd (NYSE:VIK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,280 shares of the company’s stock, valued at approximately $321,000.

Several other institutional investors and hedge funds also recently modified their holdings of VIK. Squarepoint Ops LLC acquired a new position in Viking during the 2nd quarter worth approximately $5,125,000. Millennium Management LLC acquired a new position in shares of Viking during the second quarter worth $42,008,000. Scientech Research LLC acquired a new stake in Viking during the 2nd quarter valued at $200,000. Sunbelt Securities Inc. acquired a new stake in Viking during the 2nd quarter valued at $68,000. Finally, Teachers Retirement System of The State of Kentucky purchased a new stake in Viking during the 2nd quarter worth $4,539,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Stock Up 0.4 %

NYSE VIK opened at $48.95 on Wednesday. Viking Holdings Ltd has a one year low of $25.71 and a one year high of $49.91. The company has a 50-day simple moving average of $45.48 and a 200-day simple moving average of $39.67.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VIK. Barclays reaffirmed an “equal weight” rating and set a $49.00 target price on shares of Viking in a research report on Friday, December 13th. Stifel Nicolaus lifted their price objective on Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, November 18th. JPMorgan Chase & Co. upped their target price on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. The Goldman Sachs Group assumed coverage on shares of Viking in a research report on Wednesday, January 22nd. They set a “neutral” rating and a $49.00 price target for the company. Finally, Bank of America upped their price target on shares of Viking from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.43.

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.