EntryPoint Capital LLC Makes New $289,000 Investment in Viking Holdings Ltd (NYSE:VIK)

EntryPoint Capital LLC acquired a new stake in shares of Viking Holdings Ltd (NYSE:VIK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,554 shares of the company’s stock, valued at approximately $289,000.

Other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC lifted its stake in Viking by 37.1% in the 4th quarter. Avior Wealth Management LLC now owns 1,053 shares of the company’s stock valued at $46,000 after buying an additional 285 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Viking during the fourth quarter valued at approximately $73,000. New York State Common Retirement Fund purchased a new position in shares of Viking in the fourth quarter valued at approximately $119,000. Rhumbline Advisers acquired a new stake in shares of Viking in the fourth quarter worth approximately $130,000. Finally, Vestcor Inc acquired a new stake in shares of Viking in the fourth quarter worth approximately $141,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analysts Set New Price Targets

VIK has been the topic of a number of research reports. Loop Capital began coverage on Viking in a report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on shares of Viking from $50.00 to $58.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. UBS Group boosted their price target on shares of Viking from $54.00 to $55.00 and gave the stock a “buy” rating in a research report on Tuesday, March 18th. Truist Financial increased their price objective on shares of Viking from $49.00 to $50.00 and gave the company a “hold” rating in a report on Friday, March 14th. Finally, Citigroup started coverage on Viking in a report on Thursday, December 19th. They set a “buy” rating and a $54.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, Viking currently has an average rating of “Moderate Buy” and a consensus price target of $46.38.

Viking Price Performance

NYSE VIK opened at $41.37 on Friday. The stock has a market capitalization of $17.85 billion and a P/E ratio of 159.13. The firm’s 50-day moving average is $47.01 and its two-hundred day moving average is $43.17. Viking Holdings Ltd has a 12 month low of $25.71 and a 12 month high of $53.14.

Viking (NYSE:VIK) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.36 by $0.09. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.34 billion. The business’s quarterly revenue was up 20.5% on a year-over-year basis. As a group, analysts anticipate that Viking Holdings Ltd will post 1.49 EPS for the current year.

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.