WINTON GROUP Ltd Takes $7.54 Million Position in Viking Holdings Ltd. $VIK

WINTON GROUP Ltd bought a new position in Viking Holdings Ltd. (NYSE:VIK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 71,985 shares of the company’s stock, valued at approximately $7,535,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VIK. NewEdge Advisors LLC boosted its stake in shares of Viking by 92.0% in 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 last quarter. Prudential Financial Inc. bought a new position in Viking in the second quarter valued at about $303,000. Daiwa Securities Group Inc. bought a new position in Viking in the second quarter valued at about $922,000. State Street Corp boosted its position in Viking by 34,748.5% in the second quarter. State Street Corp now owns 1,812,120 shares of the company’s stock worth $96,568,000 after purchasing an additional 1,806,920 shares during the last quarter. Finally, Nebula Research & Development LLC grew its stake in shares of Viking by 275.0% during the 2nd quarter. Nebula Research & Development LLC now owns 30,257 shares of the company’s stock valued at $1,612,000 after purchasing an additional 22,188 shares during the period. 98.84% of the stock is owned by institutional investors.

Viking News Roundup

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking FK’s Champions League debut and its coverage in UEFA and sports media may increase name recognition for “Viking,” but the soccer club is unrelated to Viking Holdings Ltd. (NYSE: VIK). Viking’s unlikely journey to the Champions League
• Neutral Sentiment: Articles covering the VfB Stuttgart–Viking FK match, confirmed lineups, Stuttgart’s victory and Ermedin Demirovi?’s hat trick concern football news and have no direct implications for Viking Holdings’ cruise operations, earnings or outlook. Stuttgart match report
• Neutral Sentiment: Reports about Viking silver hoards in Denmark and Finland, as well as historical coverage of Viking berserkers, are unrelated to the company and should not affect its valuation. Danish Viking silver discovery
• Neutral Sentiment: A “shipping stocks worth watching” article is the only potentially market-related item, but the headline alone does not identify a new development involving Viking Holdings or provide a clear explanation for the stock’s move. Best Shipping Stocks Worth Watching
• Negative Sentiment: There is no verified negative fundamental news about Viking Holdings in the supplied articles. The decrease therefore appears more likely related to trading dynamics, broader market or travel-sector sentiment, or profit-taking rather than any of these headlines.

Insider Buying and Selling at Viking

In related news, EVP Richard Marnell sold 11,287 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $92.85, for a total transaction of $1,047,997.95. Following the completion of the transaction, the executive vice president directly owned 117,050 shares of the company’s stock, valued at approximately $10,868,092.50. This trade represents a 8.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 17,566 shares of company stock worth $1,640,166 in the last three months.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VIK shares. Susquehanna upped their price target on shares of Viking from $100.00 to $105.00 and gave the company a “positive” rating in a research report on Friday, May 15th. The Goldman Sachs Group boosted their target price on shares of Viking from $108.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Truist Financial raised shares of Viking from a “hold” rating to a “buy” rating and upped their target price for the company from $75.00 to $102.00 in a report on Friday, May 22nd. UBS Group increased their price target on shares of Viking from $100.00 to $121.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Finally, BNP Paribas Exane reissued an “outperform” rating and set a $121.00 price objective (up from $104.00) on shares of Viking in a research report on Tuesday, July 14th. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $107.33.

Viking Price Performance

NYSE:VIK opened at $85.21 on Thursday. The business’s 50-day simple moving average is $97.31 and its two-hundred day simple moving average is $87.83. Viking Holdings Ltd. has a 52 week low of $56.37 and a 52 week high of $110.09. The stock has a market cap of $37.98 billion, a PE ratio of 28.31, a P/E/G ratio of 1.04 and a beta of 1.41. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.61.

Viking (NYSE:VIK) last released its quarterly earnings data on Thursday, August 20th. The company reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.05. Viking had a return on equity of 117.98% and a net margin of 19.33%.The firm had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. As a group, analysts forecast that Viking Holdings Ltd. will post 3.2 EPS for the current fiscal year.

Viking Company Profile

Viking Holdings Ltd. is a global travel company that operates the Viking brand of destination-focused cruises. Its offerings include river cruises, ocean cruises and expedition voyages, with an emphasis on cultural enrichment, regional cuisine and immersive shore excursions rather than onboard casinos or other traditional cruise-ship amenities.

Viking’s river cruise business serves major waterways in Europe, including the Rhine, Main, Danube, Rhône, Saône, Seine and Douro, as well as selected rivers in other regions such as Asia, Egypt and the Mississippi in the United States.