Viking Holdings Ltd. $VIK Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. trimmed its holdings in shares of Viking Holdings Ltd. (NYSE:VIK) by 98.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 473 shares of the company’s stock after selling 23,336 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Viking were worth $37,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Basecamp Wealth Advisors LLC purchased a new stake in Viking during the first quarter worth $25,000. Ameritas Advisory Services LLC bought a new stake in Viking during the 2nd quarter valued at $31,000. SJS Investment Consulting Inc. increased its holdings in shares of Viking by 304.4% in the 1st quarter. SJS Investment Consulting Inc. now owns 457 shares of the company’s stock valued at $34,000 after acquiring an additional 344 shares during the period. GAMMA Investing LLC increased its holdings in shares of Viking by 18.3% in the 2nd quarter. GAMMA Investing LLC now owns 938 shares of the company’s stock valued at $98,000 after acquiring an additional 145 shares during the period. Finally, Ninety One SA Pty Ltd bought a new position in shares of Viking in the 3rd quarter worth $110,000. Institutional investors own 98.84% of the company’s stock.

Viking Price Performance

Shares of VIK opened at $84.62 on Tuesday. The company has a 50 day moving average of $85.09 and a two-hundred day moving average of $84.75. 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 twelve month low of $56.37 and a twelve month high of $110.09. The company has a market cap of $37.71 billion, a price-to-earnings ratio of 28.11, a price-to-earnings-growth ratio of 0.99 and a beta of 1.47.

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VIK. The Goldman Sachs Group upped their price objective on Viking from $108.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Morgan Stanley lifted their target price on Viking from $93.00 to $94.00 and gave the company an “equal weight” rating in a research note on Thursday. BMO Capital Markets reiterated an “outperform” rating on shares of Viking in a report on Wednesday, August 26th. Benchmark upgraded shares of Viking to a “strong-buy” rating in a report on Friday, September 25th. Finally, Truist Financial decreased their price target on shares of Viking from $102.00 to $98.00 and set a “buy” rating for the company in a research report 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 assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.61.

Insider Buying and Selling at Viking

In related news, EVP Milton Hugh sold 20,000 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $85.57, for a total transaction of $1,711,400.00. Following the transaction, the executive vice president directly owned 585,571 shares in the company, valued at $50,107,310.47. The trade was a 3.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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.