80,000 Shares in Viking Holdings Ltd (NYSE:VIK) Acquired by Sculptor Capital LP

Sculptor Capital LP acquired a new position in shares of Viking Holdings Ltd (NYSE:VIK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 80,000 shares of the company’s stock, valued at approximately $2,715,000.

Several other hedge funds have also recently bought and sold shares of VIK. Canada Pension Plan Investment Board acquired a new stake in Viking during the 2nd quarter worth approximately $2,063,879,000. Select Equity Group L.P. acquired a new stake in shares of Viking in the second quarter valued at approximately $145,989,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of Viking in the second quarter valued at approximately $73,247,000. Forest Avenue Capital Management LP acquired a new stake in shares of Viking in the second quarter valued at approximately $58,008,000. Finally, Millennium Management LLC acquired a new stake in shares of Viking in the second quarter valued at approximately $42,008,000.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VIK. Truist Financial began coverage on shares of Viking in a research note on Friday, June 21st. They issued a “hold” rating and a $38.00 target price for the company. HSBC initiated coverage on shares of Viking in a research report on Tuesday, June 25th. They set a “buy” rating and a $36.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of Viking from $37.00 to $42.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Bank of America boosted their target price on shares of Viking from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, July 23rd. Finally, Morgan Stanley boosted their target price on shares of Viking from $33.00 to $35.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 20th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $37.17.

Viking Stock Up 1.4 %

Shares of Viking stock opened at $34.77 on Friday. Viking Holdings Ltd has a 1 year low of $25.71 and a 1 year high of $37.25. The company’s fifty day simple moving average is $34.08.

Viking (NYSE:VIK) last announced its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.07. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Equities analysts expect that Viking Holdings Ltd will post 1.14 earnings per share for the current fiscal year.

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.