Scholtz & Company LLC Makes New Investment in Viking Holdings Ltd. $VIK

Scholtz & Company LLC acquired a new stake in Viking Holdings Ltd. (NYSE:VIK) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,660 shares of the company’s stock, valued at approximately $1,744,000.

A number of other institutional investors have also added to or reduced their stakes in VIK. NewEdge Advisors LLC raised its stake in Viking by 92.0% in the first quarter. NewEdge Advisors LLC now owns 1,440 shares of the company’s stock valued at $57,000 after purchasing an additional 690 shares in the last quarter. Prudential Financial Inc. bought a new stake in Viking in the second quarter worth $303,000. Daiwa Securities Group Inc. purchased a new stake in Viking during the 2nd quarter valued at about $922,000. State Street Corp boosted its stake in shares of Viking by 34,748.5% during the second quarter. State Street Corp now owns 1,812,120 shares of the company’s stock valued at $96,568,000 after purchasing an additional 1,806,920 shares during the period. Finally, Nebula Research & Development LLC grew its holdings in Viking by 275.0% in the 2nd quarter. Nebula Research & Development LLC now owns 30,257 shares of the company’s stock worth $1,612,000 after acquiring an additional 22,188 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Viking news, EVP Richard Marnell sold 6,120 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $94.30, for a total transaction of $577,116.00. Following the sale, the executive vice president owned 110,930 shares in the company, valued at approximately $10,460,699. This trade represents a 5.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 17,566 shares of company stock worth $1,640,166.

Key Stories Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking FK’s Champions League debut and its coverage in UEFA and sports media may increase name recognition for “Viking,” but the soccer club is unrelated to Viking Holdings Ltd. (NYSE: VIK). Viking’s unlikely journey to the Champions League
• Neutral Sentiment: Articles covering the VfB Stuttgart–Viking FK match, confirmed lineups, Stuttgart’s victory and Ermedin Demirović’s hat trick concern football news and have no direct implications for Viking Holdings’ cruise operations, earnings or outlook. Stuttgart match report
• Neutral Sentiment: Reports about Viking silver hoards in Denmark and Finland, as well as historical coverage of Viking berserkers, are unrelated to the company and should not affect its valuation. Danish Viking silver discovery
• Neutral Sentiment: A “shipping stocks worth watching” article is the only potentially market-related item, but the headline alone does not identify a new development involving Viking Holdings or provide a clear explanation for the stock’s move. Best Shipping Stocks Worth Watching
• Negative Sentiment: There is no verified negative fundamental news about Viking Holdings in the supplied articles. The decrease therefore appears more likely related to trading dynamics, broader market or travel-sector sentiment, or profit-taking rather than any of these headlines.

Viking Stock Down 3.3%

Shares of VIK stock opened at $85.21 on Thursday. The stock has a market cap of $37.98 billion, a P/E ratio of 28.31, a P/E/G ratio of 1.04 and a beta of 1.41. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.61. The company has a 50 day simple moving average of $97.31 and a two-hundred day simple moving average of $87.83. Viking Holdings Ltd. has a 12 month low of $56.37 and a 12 month high of $110.09.

Viking (NYSE:VIK) last posted its quarterly earnings data on Thursday, August 20th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.26 by $0.05. Viking had a return on equity of 117.98% and a net margin of 19.33%.The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter last year, the company earned $0.99 earnings per share. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. On average, research analysts expect that Viking Holdings Ltd. will post 3.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on VIK shares. Truist Financial upgraded Viking from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $75.00 to $102.00 in a research report on Friday, May 22nd. Citigroup reiterated a “buy” rating on shares of Viking in a research note on Wednesday, September 2nd. Weiss Ratings raised Viking from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. The Goldman Sachs Group upped their price target on shares of Viking from $108.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Stifel Nicolaus reduced their price target on shares of Viking from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.33.

Viking Profile

Viking Holdings Ltd. is a global travel company that operates the Viking brand of destination-focused cruises. Its offerings include river cruises, ocean cruises and expedition voyages, with an emphasis on cultural enrichment, regional cuisine and immersive shore excursions rather than onboard casinos or other traditional cruise-ship amenities.

Viking’s river cruise business serves major waterways in Europe, including the Rhine, Main, Danube, Rhône, Saône, Seine and Douro, as well as selected rivers in other regions such as Asia, Egypt and the Mississippi in the United States.