SG Americas Securities LLC Purchases Shares of 5,191 Viking Holdings Ltd (NYSE:VIK)

SG Americas Securities LLC acquired a new stake in Viking Holdings Ltd (NYSE:VIK) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 5,191 shares of the company’s stock, valued at approximately $181,000.

Several other large investors have also bought and sold shares of VIK. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Viking in the second quarter worth about $33,940,000. Ghisallo Capital Management LLC acquired a new position in shares of Viking in the 2nd quarter worth approximately $28,340,000. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Viking in the 2nd quarter worth approximately $4,539,000. Sunbelt Securities Inc. acquired a new stake in Viking during the second quarter valued at approximately $68,000. Finally, Scientech Research LLC bought a new stake in Viking during the second quarter worth approximately $200,000.

Viking Stock Down 2.7 %

VIK opened at $38.52 on Thursday. The business’s 50-day moving average is $35.20. Viking Holdings Ltd has a 52-week low of $25.71 and a 52-week high of $39.70.

Viking (NYSE:VIK) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.69 by $0.07. The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.61 billion. On average, equities research analysts forecast that Viking Holdings Ltd will post 1.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Bank of America upped their price target on Viking from $35.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, July 23rd. Morgan Stanley upped their target price on Viking from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Tuesday, August 20th. Wells Fargo & Company lifted their price target on Viking from $35.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 4th. Barclays upped their price objective on shares of Viking from $39.00 to $43.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. raised their target price on shares of Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.50.

Viking 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.