Southeast Asset Advisors LLC Has $4.42 Million Stake in Viking Holdings Ltd (NYSE:VIK)

Southeast Asset Advisors LLC lessened its position in Viking Holdings Ltd (NYSE:VIK) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,372 shares of the company’s stock after selling 2,084 shares during the period. Southeast Asset Advisors LLC’s holdings in Viking were worth $4,422,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Avior Wealth Management LLC boosted its position in shares of Viking by 37.1% during the 4th quarter. Avior Wealth Management LLC now owns 1,053 shares of the company’s stock valued at $46,000 after purchasing an additional 285 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Viking during the 4th quarter worth approximately $73,000. New York State Common Retirement Fund acquired a new stake in shares of Viking during the 4th quarter worth approximately $119,000. Rhumbline Advisers bought a new stake in shares of Viking in the 4th quarter valued at $130,000. Finally, Vestcor Inc acquired a new position in shares of Viking during the 4th quarter valued at $141,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on VIK. BNP Paribas assumed coverage on shares of Viking in a report on Thursday, March 27th. They issued an “outperform” rating and a $47.00 price target for the company. Morgan Stanley reduced their target price on Viking from $53.00 to $49.00 and set an “overweight” rating for the company in a research note on Friday, March 21st. The Goldman Sachs Group started coverage on Viking in a report on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 price target on the stock. Barclays set a $46.00 price objective on Viking and gave the company an “equal weight” rating in a research note on Wednesday, March 12th. Finally, Jefferies Financial Group started coverage on Viking in a research report on Monday, March 31st. They set a “hold” rating and a $45.00 target price on the stock. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.29.

Viking Stock Down 9.0 %

Shares of VIK stock opened at $34.91 on Monday. Viking Holdings Ltd has a 12-month low of $25.71 and a 12-month high of $53.14. The company has a 50 day moving average of $45.93 and a 200-day moving average of $43.60. The firm has a market cap of $15.06 billion and a P/E ratio of 134.25.

Viking (NYSE:VIK) last released its earnings results on Tuesday, March 11th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.09. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Viking’s quarterly revenue was up 20.5% compared to the same quarter last year. As a group, equities analysts expect that Viking Holdings Ltd will post 1.49 EPS for the current year.

Viking 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.