Sculptor Capital LP Grows Position in Viking Holdings Ltd. $VIK

Sculptor Capital LP increased its position in shares of Viking Holdings Ltd. (NYSE:VIK) by 26.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,500,000 shares of the company’s stock after acquiring an additional 318,000 shares during the period. Viking comprises 1.1% of Sculptor Capital LP’s investment portfolio, making the stock its 18th biggest position. Sculptor Capital LP owned approximately 0.34% of Viking worth $107,115,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Prosperity Financial Group Inc. acquired a new stake in shares of Viking during the fourth quarter worth about $1,114,000. World Investment Advisors acquired a new stake in shares of Viking during the fourth quarter worth about $1,151,000. Hiddenite Capital Partners LP acquired a new stake in shares of Viking during the fourth quarter worth about $3,213,000. Stephens Investment Management Group LLC lifted its position in shares of Viking by 39.2% during the fourth quarter. Stephens Investment Management Group LLC now owns 956,147 shares of the company’s stock worth $68,278,000 after purchasing an additional 269,274 shares in the last quarter. Finally, Lecap Asset Management Ltd. acquired a new stake in shares of Viking during the fourth quarter worth about $567,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Viking Price Performance

VIK stock opened at $94.65 on Tuesday. The company has a debt-to-equity ratio of 5.27, a current ratio of 0.78 and a quick ratio of 0.76. The firm has a market capitalization of $42.18 billion, a P/E ratio of 35.19, a P/E/G ratio of 1.33 and a beta of 1.59. The business’s 50-day moving average is $84.11 and its two-hundred day moving average is $76.36. Viking Holdings Ltd. has a 1 year low of $47.02 and a 1 year high of $96.54.

Viking (NYSE:VIK) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. Viking had a return on equity of 149.40% and a net margin of 18.00%.Viking’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.24) EPS. Analysts anticipate that Viking Holdings Ltd. will post 3.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Viking

In other news, EVP Jeffrey Dash sold 46,369 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the sale, the executive vice president owned 420,022 shares of the company’s stock, valued at approximately $33,698,365.06. This trade represents a 9.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Analysts Set New Price Targets

Several analysts have recently issued reports on VIK shares. Barclays increased their price target on shares of Viking from $76.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Friday, May 15th. The Goldman Sachs Group increased their price target on Viking from $84.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Stifel Nicolaus set a $105.00 price target on Viking in a research report on Friday, May 15th. Loop Capital began coverage on Viking in a research report on Monday, June 1st. They issued a “buy” rating and a $108.00 price target on the stock. Finally, Sanford C. Bernstein began coverage on Viking in a research report on Wednesday, June 3rd. They issued an “outperform” rating and a $120.00 price target on the stock. Thirteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.38.

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.