NorthCrest Asset Manangement LLC Takes Position in Viking Holdings Ltd. $VIK

NorthCrest Asset Manangement LLC acquired a new position in Viking Holdings Ltd. (NYSE:VIK) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,036 shares of the company’s stock, valued at approximately $654,000.

Several other institutional investors have also recently made changes to their positions in the business. Invesco Ltd. raised its stake in Viking by 32.8% during the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company’s stock valued at $873,246,000 after purchasing an additional 3,471,244 shares during the period. Federated Hermes Inc. boosted its stake in Viking by 381.8% in the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock worth $526,792,000 after purchasing an additional 6,715,666 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Viking by 80.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock valued at $504,601,000 after buying an additional 3,615,969 shares in the last quarter. Holocene Advisors LP grew its holdings in shares of Viking by 57.9% in the second quarter. Holocene Advisors LP now owns 5,706,427 shares of the company’s stock valued at $304,095,000 after purchasing an additional 2,092,729 shares in the last quarter. Finally, Norges Bank bought a new stake in Viking in the second quarter worth $236,911,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Price Performance

Viking stock opened at $72.56 on Wednesday. The firm has a 50-day moving average of $73.25 and a two-hundred day moving average of $67.58. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77. Viking Holdings Ltd. has a 1 year low of $31.79 and a 1 year high of $81.48. The stock has a market cap of $32.34 billion, a price-to-earnings ratio of 28.23, a price-to-earnings-growth ratio of 1.32 and a beta of 1.96.

Viking (NYSE:VIK) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.13. The company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Viking had a return on equity of 240.75% and a net margin of 17.65%.Viking’s revenue was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 earnings per share. On average, research analysts forecast that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Key Stories Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking announced expanded India river operations — new sailing dates through 2029 and construction of a second India-dedicated river vessel (the Viking Ganges) to join the Viking Brahmaputra, supporting longer‑term revenue visibility from an emerging itinerary. Viking Announces New Sailing Dates for India River Voyages Through 2029
• Positive Sentiment: Truist raised its price target on VIK from $61 to $75 (maintaining a “hold”), a mild analyst-implied upgrade to fair value that can support sentiment and buying interest. Benzinga
• Neutral Sentiment: Industry/valuation pieces are comparing Viking to peers (e.g., Expedia) and explaining the stock move; these provide context but are not new company-level catalysts. EXPE vs. VIK: Which Stock Is the Better Value Option?
• Negative Sentiment: Short interest jumped ~27.8% in March to 6,377,773 shares (~1.4% of shares outstanding) with a short‑interest ratio of ~1.8 days — an increase that signals growing bearish positioning and could pressure the stock if negative news appears or create volatility on reversals. (Internal market data)

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VIK shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viking in a research note on Monday, December 29th. JPMorgan Chase & Co. boosted their target price on shares of Viking from $73.00 to $74.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Barclays upped their target price on shares of Viking from $63.00 to $77.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group raised shares of Viking from a “neutral” rating to a “buy” rating and increased their price target for the company from $66.00 to $78.00 in a report on Tuesday, December 9th. Finally, Truist Financial lifted their price target on Viking from $61.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $73.33.

Viking 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.