NorthCrest Asset Manangement LLC Acquires New Stake in Viking Holdings Ltd. $VIK

NorthCrest Asset Manangement LLC bought a new position in Viking Holdings Ltd. (NYSE:VIK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,036 shares of the company’s stock, valued at approximately $654,000.

Other large investors have also made changes to their positions in the company. NewEdge Advisors LLC increased its position in shares of Viking by 92.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,440 shares of the company’s stock valued at $57,000 after purchasing an additional 690 shares during the last quarter. Magnetar Financial LLC bought a new position in shares of Viking in the 2nd quarter worth approximately $344,000. JPMorgan Chase & Co. boosted its holdings in shares of Viking by 74.6% in the second quarter. JPMorgan Chase & Co. now owns 1,467,311 shares of the company’s stock worth $78,193,000 after buying an additional 626,973 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Viking by 28.7% in the second quarter. Legal & General Group Plc now owns 47,710 shares of the company’s stock worth $2,543,000 after buying an additional 10,637 shares during the last quarter. Finally, Rhumbline Advisers grew its position in Viking by 3,277.6% during the second quarter. Rhumbline Advisers now owns 216,845 shares of the company’s stock valued at $11,556,000 after buying an additional 210,425 shares during the period. 98.84% of the stock is currently owned by institutional investors.

Viking Price Performance

NYSE VIK opened at $72.56 on Wednesday. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76. Viking Holdings Ltd. has a 12 month low of $31.79 and a 12 month high of $81.48. The stock has a market cap of $32.34 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 1.32 and a beta of 1.96. The company’s 50 day moving average is $73.25 and its two-hundred day moving average is $67.58.

Viking (NYSE:VIK) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. The business had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.63 billion. Viking had a net margin of 17.65% and a return on equity of 240.75%. The company’s revenue was up 27.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 earnings per share. As a group, research analysts anticipate that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Analyst Ratings Changes

VIK has been the subject of a number of research reports. Jefferies Financial Group raised shares of Viking from a “hold” rating to a “buy” rating and upped their target price for the company from $60.00 to $80.00 in a report on Monday, December 15th. Barclays boosted their price objective on shares of Viking from $63.00 to $77.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. Stifel Nicolaus upped their price objective on Viking from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Wells Fargo & Company decreased their target price on Viking from $82.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, March 20th. Finally, UBS Group lifted their target price on Viking from $79.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $73.33.

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking announced expanded India river operations — new sailing dates through 2029 and construction of a second India-dedicated river vessel (the Viking Ganges) to join the Viking Brahmaputra, supporting longer‑term revenue visibility from an emerging itinerary. Viking Announces New Sailing Dates for India River Voyages Through 2029
• Positive Sentiment: Truist raised its price target on VIK from $61 to $75 (maintaining a “hold”), a mild analyst-implied upgrade to fair value that can support sentiment and buying interest. Benzinga
• Neutral Sentiment: Industry/valuation pieces are comparing Viking to peers (e.g., Expedia) and explaining the stock move; these provide context but are not new company-level catalysts. EXPE vs. VIK: Which Stock Is the Better Value Option?
• Negative Sentiment: Short interest jumped ~27.8% in March to 6,377,773 shares (~1.4% of shares outstanding) with a short‑interest ratio of ~1.8 days — an increase that signals growing bearish positioning and could pressure the stock if negative news appears or create volatility on reversals. (Internal market data)

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.