Baypointe Partners LLC Acquires 30,000 Shares of Viking Holdings Ltd. $VIK

Baypointe Partners LLC bought a new stake in Viking Holdings Ltd. (NYSE:VIK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 30,000 shares of the company’s stock, valued at approximately $2,350,000. Viking makes up 17.5% of Baypointe Partners LLC’s portfolio, making the stock its largest holding.

Several other hedge funds also recently modified their holdings of VIK. River Street Advisors LLC raised its stake in Viking by 4.6% in the third quarter. River Street Advisors LLC now owns 19,913 shares of the company’s stock valued at $1,560,000 after buying an additional 883 shares during the period. Andrew Hill Investment Advisors Inc. acquired a new stake in Viking during the third quarter worth approximately $1,076,000. MBL Wealth LLC lifted its position in shares of Viking by 37.8% during the 3rd quarter. MBL Wealth LLC now owns 5,129 shares of the company’s stock valued at $402,000 after acquiring an additional 1,408 shares during the period. OLD Second National Bank of Aurora raised its position in shares of Viking by 3.8% in the 3rd quarter. OLD Second National Bank of Aurora now owns 50,692 shares of the company’s stock valued at $3,971,000 after buying an additional 1,836 shares in the last quarter. Finally, Carnegie Investment Counsel raised its stake in Viking by 935.8% during the third quarter. Carnegie Investment Counsel now owns 122,842 shares of the company’s stock worth $9,622,000 after acquiring an additional 110,982 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Insider Activity

In related news, EVP Milton Hugh sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $85.57, for a total transaction of $1,711,400.00. Following the completion of the sale, the executive vice president directly owned 585,571 shares in the company, valued at approximately $50,107,310.47. The trade was a 3.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Trending Headlines about Viking

Here are the key news stories impacting Viking this week:

• Neutral Sentiment: VIK was included in a broader shipping-stocks watchlist, but the report does not identify a specific new catalyst, contract, or earnings update for Viking Holdings. Shipping Stocks To Watch Today – October 21st
• Neutral Sentiment: Several articles concern Viking FK, a Norwegian soccer club, including its Champions League loss to Aston Villa and coverage of captain Zlatko Tripić. These stories are unrelated to Viking Holdings Ltd. and should not affect the stock. Barkley and Buendía on target as Aston Villa sink Viking Unai Emery’s tactical masterclass helps Aston Villa cruise past Viking
• Neutral Sentiment: Articles about Viking-era settlements, archaeological discoveries, and Norwegian history also refer to historical Vikings rather than the publicly traded cruise operator, providing no meaningful stock catalyst. The hidden Viking settlement found in North America
• Negative Sentiment: Susquehanna issued a pessimistic forecast for Viking Holdings’ stock price. The bearish research tone likely weighed on investor confidence, particularly as VIK already carries substantial leverage and is trading below its longer-term moving averages. Susquehanna Issues Pessimistic Forecast for Viking Stock Price

Analyst Ratings Changes

A number of research firms have commented on VIK. Stifel Nicolaus reduced their price target on Viking from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Citigroup reaffirmed a “buy” rating on shares of Viking in a research report on Friday, October 2nd. Susquehanna reduced their price objective on shares of Viking from $105.00 to $100.00 and set a “positive” rating for the company in a report on Tuesday. BMO Capital Markets reissued an “outperform” rating on shares of Viking in a research report on Wednesday, August 26th. Finally, UBS Group restated a “buy” rating on shares of Viking in a research note on Wednesday, September 30th. One 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.61.

Viking Stock Down 3.1%

NYSE VIK opened at $82.33 on Friday. The stock has a market capitalization of $36.69 billion, a PE ratio of 27.35, a PEG ratio of 1.02 and a beta of 1.47. Viking Holdings Ltd. has a 1 year low of $56.37 and a 1 year high of $110.09. The business’s 50-day moving average is $85.11 and its 200 day moving average is $89.82. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.81 and a quick ratio of 0.79.

Viking (NYSE:VIK) last announced its earnings results on Thursday, August 20th. The company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.14 billion. Viking had a return on equity of 117.98% and a net margin of 19.33%. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 earnings per share. Sell-side analysts forecast that Viking Holdings Ltd. will post 3.14 earnings per share for the current year.

Viking Profile

Viking Holdings Ltd., operating under the Viking brand, is a global travel and cruise company that provides destination-focused voyages for culturally curious travelers. The company offers river, ocean and expedition cruises, combining onboard accommodations and dining with shore excursions, cultural programming and other destination-based experiences.

Viking’s river cruises operate on waterways in Europe, including the Rhine, Danube, Seine, Rhône and Douro, as well as in other regions such as Asia, Egypt and the United States.