Avior Wealth Management LLC Acquires New Stake in Viking Holdings Ltd (NYSE:VIK)

Avior Wealth Management LLC bought a new position in Viking Holdings Ltd (NYSE:VIK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 768 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds have also added to or reduced their stakes in VIK. Valley Wealth Managers Inc. bought a new position in Viking in the 2nd quarter worth about $35,000. American National Bank purchased a new position in Viking in the second quarter worth about $68,000. Sunbelt Securities Inc. bought a new position in shares of Viking in the second quarter worth approximately $68,000. SG Americas Securities LLC purchased a new stake in shares of Viking during the third quarter valued at approximately $181,000. Finally, Scientech Research LLC bought a new stake in shares of Viking during the second quarter valued at approximately $200,000.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VIK shares. Stifel Nicolaus upped their price objective on Viking from $39.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Wells Fargo & Company increased their price objective on Viking from $35.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. boosted their target price on Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Morgan Stanley raised shares of Viking from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $37.00 to $49.00 in a report on Tuesday, November 12th. Finally, Bank of America boosted their price objective on shares of Viking from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $41.00.

Viking Stock Up 1.0 %

Shares of VIK stock opened at $45.78 on Tuesday. The company has a 50 day simple moving average of $39.05 and a two-hundred day simple moving average of $34.96. Viking Holdings Ltd has a 12 month low of $25.71 and a 12 month high of $46.41.

Viking Company Profile

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.