China Universal Asset Management Co. Ltd. Makes New Investment in Viking Holdings Ltd (NYSE:VIK)

China Universal Asset Management Co. Ltd. bought a new stake in Viking Holdings Ltd (NYSE:VIKFree Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,844 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Renaissance Capital LLC bought a new stake in Viking in the 2nd quarter valued at about $2,250,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Viking during the second quarter valued at approximately $2,226,000. Cascade Investment Group Inc. acquired a new position in shares of Viking during the second quarter worth approximately $289,000. Sumitomo Mitsui Trust Holdings Inc. bought a new position in Viking in the 2nd quarter worth approximately $1,004,000. Finally, American National Bank acquired a new stake in Viking in the 2nd quarter valued at approximately $68,000.

Viking Trading Down 1.5 %

NYSE VIK opened at $39.10 on Thursday. Viking Holdings Ltd has a 1 year low of $25.71 and a 1 year high of $39.70. The firm has a fifty day moving average of $35.48.

Viking (NYSE:VIKGet Free Report) last announced its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. As a group, analysts anticipate that Viking Holdings Ltd will post 1.13 EPS for the current year.

Analyst Upgrades and Downgrades

VIK has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on Viking from $37.00 to $39.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Wells Fargo & Company upped their price objective on shares of Viking from $35.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, September 4th. Bank of America raised their target price on shares of Viking from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Finally, Barclays increased their price objective on shares of Viking from $39.00 to $43.00 and gave the company an “overweight” rating in a report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $37.50.

Get Our Latest Stock Report on VIK

Viking Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Viking (NYSE:VIK)

Receive News & Ratings for Viking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viking and related companies with MarketBeat.com's FREE daily email newsletter.