Fieldview Capital Management LLC Makes New $1.46 Million Investment in Viking Holdings Ltd. $VIK

Fieldview Capital Management LLC acquired a new position in shares of Viking Holdings Ltd. (NYSE:VIK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,415 shares of the company’s stock, valued at approximately $1,458,000.

Several other institutional investors have also recently bought and sold shares of the business. Focus Partners Wealth raised its holdings in Viking by 292.4% during the fourth quarter. Focus Partners Wealth now owns 293,275 shares of the company’s stock worth $20,943,000 after buying an additional 218,534 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in Viking during the fourth quarter worth $9,252,000. Entropy Technologies LP raised its holdings in Viking by 131.6% during the fourth quarter. Entropy Technologies LP now owns 9,048 shares of the company’s stock worth $646,000 after buying an additional 5,142 shares during the last quarter. FORA Capital LLC acquired a new position in Viking during the fourth quarter worth $1,994,000. Finally, CreativeOne Wealth LLC acquired a new position in Viking during the fourth quarter worth $207,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Transactions at Viking

In related news, EVP Jeffrey Dash sold 46,369 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the completion of the sale, the executive vice president owned 420,022 shares in the company, valued at approximately $33,698,365.06. This trade represents a 9.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Viking Stock Performance

Shares of VIK stock opened at $92.04 on Monday. The firm has a 50-day moving average of $83.71 and a 200-day moving average of $76.17. The company has a market cap of $41.02 billion, a P/E ratio of 34.22, a P/E/G ratio of 1.33 and a beta of 1.59. The company has a debt-to-equity ratio of 5.27, a current ratio of 0.78 and a quick ratio of 0.76. Viking Holdings Ltd. has a one year low of $46.06 and a one year high of $94.99.

Viking (NYSE:VIK) last announced its earnings results on Thursday, May 14th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. Viking had a net margin of 18.00% and a return on equity of 149.40%. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.24) earnings per share. Equities research analysts forecast that Viking Holdings Ltd. will post 3.28 EPS for the current fiscal year.

Analyst Ratings Changes

VIK has been the topic of several research reports. UBS Group restated a “buy” rating and set a $100.00 price objective on shares of Viking in a report on Wednesday, May 27th. Morgan Stanley restated an “equal weight” rating and set a $86.00 price objective (up from $81.00) on shares of Viking in a report on Friday, May 15th. Barclays upped their price objective on shares of Viking from $76.00 to $88.00 and gave the stock an “equal weight” rating in a report on Friday, May 15th. Mizuho increased their target price on shares of Viking from $69.00 to $75.00 and gave the company an “underperform” rating in a report on Friday, May 15th. Finally, Citigroup reiterated a “buy” rating on shares of Viking in a report on Friday, May 15th. Thirteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Viking has an average rating of “Moderate Buy” and a consensus target price of $96.38.

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.