Nicholas Company Inc. Purchases 17,465 Shares of Viking Holdings Ltd. $VIK

Nicholas Company Inc. increased its stake in Viking Holdings Ltd. (NYSE:VIK) by 12.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,250 shares of the company’s stock after acquiring an additional 17,465 shares during the quarter. Nicholas Company Inc.’s holdings in Viking were worth $11,515,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. SBI Securities Co. Ltd. increased its stake in shares of Viking by 651.8% in the 4th quarter. SBI Securities Co. Ltd. now owns 421 shares of the company’s stock valued at $30,000 after acquiring an additional 365 shares in the last quarter. Truist Financial Corp increased its stake in shares of Viking by 40.8% in the 4th quarter. Truist Financial Corp now owns 6,402 shares of the company’s stock valued at $457,000 after acquiring an additional 1,854 shares in the last quarter. PKO Investment Management Joint Stock Co bought a new stake in shares of Viking in the 4th quarter valued at $786,000. Chung Wu Investment Group LLC increased its stake in shares of Viking by 15.1% in the 4th quarter. Chung Wu Investment Group LLC now owns 8,290 shares of the company’s stock valued at $592,000 after acquiring an additional 1,090 shares in the last quarter. Finally, Pittenger & Anderson Inc. increased its stake in shares of Viking by 1,909.0% in the 4th quarter. Pittenger & Anderson Inc. now owns 10,045 shares of the company’s stock valued at $717,000 after acquiring an additional 9,545 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Viking Price Performance

VIK opened at $82.60 on Monday. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77. The company has a market capitalization of $36.81 billion, a price-to-earnings ratio of 32.14, a P/E/G ratio of 1.52 and a beta of 1.57. The firm’s fifty day moving average price is $76.12 and its two-hundred day moving average price is $71.18. Viking Holdings Ltd. has a 1 year low of $42.20 and a 1 year high of $87.00.

Viking (NYSE:VIK) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.67 earnings per share (EPS) for the quarter. The firm had revenue of $1.72 billion for the quarter. Viking had a net margin of 17.65% and a return on equity of 240.75%. As a group, analysts anticipate that Viking Holdings Ltd. will post 3.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on VIK shares. Bank of America lifted their price objective on shares of Viking from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Citigroup lifted their price objective on shares of Viking from $88.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Wells Fargo & Company lifted their price objective on shares of Viking from $78.00 to $79.00 and gave the company a “cautious” rating in a research note on Wednesday, April 15th. Stifel Nicolaus lifted their price objective on shares of Viking from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Viking from $87.00 to $104.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Viking has an average rating of “Moderate Buy” and an average target price of $84.14.

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Recent travel coverage highlighting Viking Ocean Cruises’ deluxe veranda cabins could support the brand’s premium image and reinforce demand for its higher-end cruise offerings. What Viking Deluxe Veranda cabins really look like inside
• Neutral Sentiment: Another travel article about unexpected add-on costs on Viking Ocean Cruises may draw attention to pricing transparency, but it does not directly signal a material change in demand or earnings. What Viking Ocean Cruises don’t spell out until the bill starts growing
• Neutral Sentiment: Historical and archaeological stories about Vikings, including a gold hoard in Denmark and Viking-era coins turned into jewelry, are not tied to Viking Holdings’ operating results, but they keep the “Viking” name in the news. Major Gold Hoard of Viking Elite Unearthed in Denmark Coins minted to protect the English from the Vikings ended up as Viking jewelry, experts discover
• Negative Sentiment: Zacks says Viking Holdings may report negative earnings next week, citing an unfavorable setup for an earnings beat; that pre-earnings caution is likely pressuring the stock. Viking Holdings (VIK) May Report Negative Earnings: Know the Trend Ahead of Next Week’s Release

Insider Transactions at Viking

In other Viking news, EVP Jeffrey Dash sold 46,369 shares of Viking stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the transaction, the executive vice president directly owned 420,022 shares of the company’s stock, valued at $33,698,365.06. The trade was a 9.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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.