Sculptor Capital LP Buys 1,149,000 Shares of Viking Holdings Ltd. $VIK

Sculptor Capital LP raised its stake in Viking Holdings Ltd. (NYSE:VIK) by 503.9% in the first quarter, Holdings Channel reports. The fund owned 1,377,000 shares of the company’s stock after purchasing an additional 1,149,000 shares during the quarter. Sculptor Capital LP’s holdings in Viking were worth $54,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VIK. Select Equity Group L.P. lifted its holdings in shares of Viking by 26.9% in the fourth quarter. Select Equity Group L.P. now owns 17,279,911 shares of the company’s stock worth $761,353,000 after acquiring an additional 3,658,225 shares during the last quarter. Two Sigma Advisers LP raised its holdings in Viking by 4,840.2% in the 4th quarter. Two Sigma Advisers LP now owns 2,321,900 shares of the company’s stock valued at $102,303,000 after buying an additional 2,274,900 shares during the last quarter. Two Sigma Investments LP raised its holdings in Viking by 1,972.0% in the 4th quarter. Two Sigma Investments LP now owns 2,385,193 shares of the company’s stock valued at $105,092,000 after buying an additional 2,270,075 shares during the last quarter. Millennium Management LLC raised its holdings in Viking by 580.0% in the 4th quarter. Millennium Management LLC now owns 2,190,947 shares of the company’s stock valued at $96,533,000 after buying an additional 1,868,733 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new position in Viking in the 4th quarter valued at approximately $59,226,000. Institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Viking from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Wednesday, May 21st. Jefferies Financial Group raised their price objective on shares of Viking from $45.00 to $52.00 and gave the company a “hold” rating in a report on Monday, July 7th. Wall Street Zen lowered shares of Viking from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Stifel Nicolaus raised their price objective on shares of Viking from $50.00 to $75.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Finally, UBS Group raised their price objective on shares of Viking from $55.00 to $69.00 and gave the company a “buy” rating in a report on Wednesday, August 20th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.60.

Viking Stock Performance

NYSE:VIK opened at $63.60 on Friday. The company has a market capitalization of $28.18 billion, a PE ratio of 34.38, a P/E/G ratio of 0.75 and a beta of 2.40. The company has a 50 day simple moving average of $57.49 and a two-hundred day simple moving average of $48.54. The company has a debt-to-equity ratio of 19.33, a quick ratio of 0.62 and a current ratio of 0.64. Viking Holdings Ltd. has a fifty-two week low of $30.75 and a fifty-two week high of $64.11.

Viking (NYSE:VIK) last released its earnings results on Tuesday, August 19th. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.01). The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.84 billion. Viking had a net margin of 13.99% and a negative return on equity of 374.71%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. Research analysts anticipate that Viking Holdings Ltd. will post 1.49 earnings per share for the current 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.