Junto Capital Management LP Makes New $53.32 Million Investment in Viking Holdings Ltd. $VIK

Junto Capital Management LP bought a new position in shares of Viking Holdings Ltd. (NYSE:VIK) in the second quarter, HoldingsChannel reports. The firm bought 509,380 shares of the company’s stock, valued at approximately $53,317,000.

Several other hedge funds have also modified their holdings of the business. Sequoia Financial Advisors LLC boosted its stake in shares of Viking by 90.6% in the second quarter. Sequoia Financial Advisors LLC now owns 5,376 shares of the company’s stock valued at $563,000 after buying an additional 2,556 shares in the last quarter. Tidal Investments LLC raised its position in Viking by 223.0% in the second quarter. Tidal Investments LLC now owns 29,166 shares of the company’s stock worth $3,053,000 after acquiring an additional 20,137 shares in the last quarter. Scholtz & Company LLC purchased a new position in Viking in the second quarter worth $1,744,000. WINTON GROUP Ltd acquired a new stake in Viking in the second quarter valued at $7,535,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in Viking by 14.9% in the second quarter. Integrated Wealth Concepts LLC now owns 26,511 shares of the company’s stock valued at $2,775,000 after acquiring an additional 3,429 shares during the period. 98.84% of the stock is owned by institutional investors and hedge funds.

Viking Trading 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 quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.61. Viking Holdings Ltd. has a fifty-two week low of $56.37 and a fifty-two week high of $110.09. The business has a fifty day simple moving average of $97.31 and a 200-day simple moving average of $87.83.

Viking (NYSE:VIK) last released 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. The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.14 billion. Viking had a net margin of 19.33% and a return on equity of 117.98%. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 EPS. On average, analysts forecast that Viking Holdings Ltd. will post 3.2 earnings per share for the current fiscal year.

More Viking News

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.

Insider Transactions at Viking

In other Viking news, EVP Richard Marnell sold 11,287 shares of Viking stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $92.85, for a total transaction of $1,047,997.95. Following the completion of the transaction, the executive vice president owned 117,050 shares in the company, valued at approximately $10,868,092.50. The trade was a 8.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 17,566 shares of company stock worth $1,640,166 in the last ninety days.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Citigroup reaffirmed a “buy” rating on shares of Viking in a research note on Wednesday, September 2nd. Barclays reduced their price objective on shares of Viking from $93.00 to $90.00 and set an “equal weight” rating for the company in a research note on Monday, August 31st. Wall Street Zen downgraded shares of Viking from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Truist Financial upgraded shares of Viking from a “hold” rating to a “buy” rating and upped their target price for the stock from $75.00 to $102.00 in a research report on Friday, May 22nd. Finally, Jefferies Financial Group lifted their price target on shares of Viking from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to 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.