Viking Holdings Ltd. $VIK Position Increased by Compass Capital Management Inc.

Compass Capital Management Inc. boosted its holdings in shares of Viking Holdings Ltd. (NYSE:VIK) by 164.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 69,531 shares of the company’s stock after purchasing an additional 43,269 shares during the period. Compass Capital Management Inc.’s holdings in Viking were worth $5,446,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of VIK. Basecamp Wealth Advisors LLC purchased a new stake in shares of Viking in the first quarter valued at about $25,000. Ameritas Advisory Services LLC purchased a new stake in Viking during the 2nd quarter valued at approximately $31,000. Axiom Investment Management LLC lifted its position in Viking by 87.2% during the 3rd quarter. Axiom Investment Management LLC now owns 513 shares of the company’s stock worth $40,000 after acquiring an additional 239 shares during the period. Hughes Financial Services LLC lifted its position in Viking by 3,953.3% during the 3rd quarter. Hughes Financial Services LLC now owns 608 shares of the company’s stock worth $48,000 after acquiring an additional 593 shares during the period. Finally, Signaturefd LLC lifted its position in Viking by 76.0% during the 3rd quarter. Signaturefd LLC now owns 1,190 shares of the company’s stock worth $93,000 after acquiring an additional 514 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Viking Price Performance

VIK stock opened at $89.78 on Friday. The firm has a 50 day moving average of $84.33 and a 200-day moving average of $85.96. The company has a market cap of $40.01 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 1.07 and a beta of 1.39. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.61. Viking Holdings Ltd. has a 12-month low of $56.67 and a 12-month high of $110.09.

Viking (NYSE:VIK) last released its quarterly earnings results on Thursday, August 20th. The company reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.05. The business had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.14 billion. Viking had a return on equity of 117.98% and a net margin of 19.33%. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 EPS. As a group, equities analysts expect that Viking Holdings Ltd. will post 3.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VIK. Weiss Ratings lowered Viking from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, October 19th. Bank of America decreased their price target on Viking from $115.00 to $105.00 in a report on Tuesday, October 13th. Stifel Nicolaus lowered their price objective on shares of Viking from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Benchmark raised shares of Viking to a “strong-buy” rating in a research note on Friday, September 25th. Finally, Truist Financial dropped their price objective on shares of Viking from $102.00 to $98.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $107.44.

Insider Buying and Selling at Viking

In other news, EVP Jeffrey Dash sold 25,000 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $90.23, for a total value of $2,255,750.00. Following the completion of the transaction, the executive vice president owned 395,022 shares in the company, valued at $35,642,835.06. This trade represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Milton Hugh sold 20,000 shares of the firm’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $90.19, for a total value of $1,803,800.00. Following the completion of the transaction, the executive vice president owned 565,571 shares of the company’s stock, valued at approximately $51,008,848.49. This represents a 3.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 65,000 shares of company stock worth $5,770,950 in the last three months.

About Viking

Viking Holdings Ltd. operates cruise voyages through its Viking brand, offering river, ocean and expedition cruises. Its trips are designed around destination-focused itineraries and include onboard cultural and educational programming. The company’s river cruises visit destinations across Europe, Asia, Egypt and the United States, while its ocean and expedition voyages travel to regions around the world. Viking began as a river cruise company in 1997 and later expanded into ocean and expedition cruising.