Pittenger & Anderson Inc. Buys 9,545 Shares of Viking Holdings Ltd. $VIK

Pittenger & Anderson Inc. raised its stake in Viking Holdings Ltd. (NYSE:VIKFree Report) by 1,909.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,045 shares of the company’s stock after buying an additional 9,545 shares during the period. Pittenger & Anderson Inc.’s holdings in Viking were worth $717,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Invesco Ltd. boosted its position in shares of Viking by 32.8% during the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock valued at $873,246,000 after purchasing an additional 3,471,244 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Viking by 381.8% during the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock valued at $526,792,000 after purchasing an additional 6,715,666 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Viking by 80.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock valued at $504,601,000 after purchasing an additional 3,615,969 shares in the last quarter. Dream Peak Capital Ltd bought a new stake in shares of Viking during the 4th quarter valued at about $223,744,000. Finally, Artisan Partners Limited Partnership boosted its position in shares of Viking by 33.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 2,944,248 shares of the company’s stock valued at $183,014,000 after purchasing an additional 745,509 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VIK shares. JPMorgan Chase & Co. upped their target price on Viking from $87.00 to $104.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Wells Fargo & Company upped their target price on Viking from $78.00 to $79.00 and gave the company a “cautious” rating in a research report on Wednesday, April 15th. Citigroup upped their target price on Viking from $88.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Stifel Nicolaus upped their target price on Viking from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Finally, UBS Group upped their target price on Viking from $79.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $84.14.

Get Our Latest Report on Viking

Insider Activity at Viking

In other news, EVP Jeffrey Dash sold 46,369 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $80.23, for a total value of $3,720,184.87. Following the completion of the sale, the executive vice president directly owned 420,022 shares of the company’s stock, valued at $33,698,365.06. This represents a 9.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

More Viking News

Here are the key news stories impacting Viking this week:

Viking Stock Down 0.0%

Shares of NYSE:VIK opened at $81.47 on Monday. The firm has a market cap of $36.31 billion, a P/E ratio of 31.70, a PEG ratio of 1.50 and a beta of 1.57. Viking Holdings Ltd. has a 52-week low of $41.30 and a 52-week high of $87.00. The business’s 50 day simple moving average is $75.73 and its two-hundred day simple moving average is $70.69. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.77 and a current ratio of 0.79.

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

Viking Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Viking (NYSE:VIK)

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