Knights of Columbus Asset Advisors LLC Has $1.42 Million Holdings in Viking Holdings Ltd. $VIK

Knights of Columbus Asset Advisors LLC trimmed its holdings in shares of Viking Holdings Ltd. (NYSE:VIK) by 46.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,909 shares of the company’s stock after selling 19,495 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Viking were worth $1,424,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Pittenger & Anderson Inc. acquired a new position in shares of Viking during the 2nd quarter valued at $27,000. Private Trust Co. NA acquired a new stake in Viking in the second quarter worth $29,000. TFC Financial Management Inc. bought a new stake in Viking in the third quarter valued at $44,000. Park Place Capital Corp acquired a new position in shares of Viking during the third quarter valued at about $58,000. Finally, Byrne Asset Management LLC boosted its position in shares of Viking by 700.0% during the 3rd quarter. Byrne Asset Management LLC now owns 960 shares of the company’s stock worth $60,000 after purchasing an additional 840 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Mizuho set a $59.00 target price on Viking in a research report on Wednesday, November 19th. Morgan Stanley raised their price objective on Viking from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Wall Street Zen lowered Viking from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Wells Fargo & Company increased their target price on Viking from $56.00 to $62.00 and gave the stock an “equal weight” rating in a report on Thursday, November 20th. Finally, The Goldman Sachs Group raised shares of Viking from a “neutral” rating to a “buy” rating and lifted their price target for the company from $66.00 to $78.00 in a research report on Tuesday, December 9th. Eleven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.19.

Viking Stock Down 2.9%

VIK stock opened at $72.14 on Friday. The firm has a market capitalization of $31.97 billion, a PE ratio of 33.71, a P/E/G ratio of 0.65 and a beta of 2.07. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.68. Viking Holdings Ltd. has a twelve month low of $31.79 and a twelve month high of $74.83. The stock’s 50 day moving average is $70.19 and its 200-day moving average is $63.69.

Viking (NYSE:VIK) last announced its quarterly earnings results on Wednesday, November 19th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.01. Viking had a return on equity of 716.92% and a net margin of 15.53%.The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the company posted $0.89 earnings per share. Viking’s revenue was up 19.1% compared to the same quarter last year. Sell-side analysts expect that Viking Holdings Ltd. will post 1.49 EPS 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.