Viking Holdings Ltd. $VIK Stock: Compass Capital Management Inc. Raises Holdings

Compass Capital Management Inc. boosted its stake in Viking Holdings Ltd. (NYSE:VIK) by 164.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 69,531 shares of the company’s stock after buying an additional 43,269 shares during the quarter. Compass Capital Management Inc.’s holdings in Viking were worth $5,446,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Allworth Financial LP increased its position in Viking by 1.7% during the third quarter. Allworth Financial LP now owns 11,677 shares of the company’s stock worth $915,000 after buying an additional 190 shares in the last quarter. Private Advisory Group LLC lifted its position in shares of Viking by 117.2% in the third quarter. Private Advisory Group LLC now owns 16,785 shares of the company’s stock valued at $1,315,000 after acquiring an additional 9,056 shares in the last quarter. Eurizon Capital SGR S.p.A. boosted its stake in shares of Viking by 48.5% during the third quarter. Eurizon Capital SGR S.p.A. now owns 3,673 shares of the company’s stock valued at $288,000 after acquiring an additional 1,199 shares during the last quarter. CENTRAL TRUST Co boosted its stake in shares of Viking by 77.6% during the third quarter. CENTRAL TRUST Co now owns 4,380 shares of the company’s stock valued at $343,000 after acquiring an additional 1,914 shares during the last quarter. Finally, Maryland State Retirement & Pension System boosted its stake in shares of Viking by 13.7% during the third quarter. Maryland State Retirement & Pension System now owns 10,902 shares of the company’s stock valued at $854,000 after acquiring an additional 1,311 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Viking Trading Up 1.0%

Shares of VIK opened at $89.78 on Friday. Viking Holdings Ltd. has a twelve month low of $56.67 and a twelve month high of $110.09. The firm has a market capitalization of $40.01 billion, a P/E ratio of 29.83, a price-to-earnings-growth ratio of 1.07 and a beta of 1.39. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.61. The stock’s fifty day simple moving average is $84.33 and its 200 day simple moving average is $85.96.

Viking (NYSE:VIK) last posted its quarterly earnings results on Thursday, August 20th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. The firm 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 quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.99 earnings per share. On average, equities research analysts forecast that Viking Holdings Ltd. will post 3.13 earnings per share for the current year.

Insider Transactions at Viking

In related news, EVP Jeffrey Dash sold 25,000 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $90.23, for a total transaction of $2,255,750.00. Following the completion of the sale, the executive vice president owned 395,022 shares of the company’s stock, valued at approximately $35,642,835.06. This represents a 5.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Milton Hugh sold 20,000 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $90.19, for a total transaction of $1,803,800.00. Following the sale, the executive vice president directly owned 565,571 shares of the company’s stock, valued at approximately $51,008,848.49. This trade represents a 3.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 65,000 shares of company stock valued at $5,770,950 in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently commented on VIK shares. Bank of America dropped their price objective on Viking from $115.00 to $105.00 in a research report on Tuesday, October 13th. Stifel Nicolaus reduced their target price on shares of Viking from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, September 28th. Truist Financial decreased their price target on shares of Viking from $102.00 to $98.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Wells Fargo & Company lowered their price target on shares of Viking from $128.00 to $118.00 and set an “overweight” rating for the company in a report on Monday, November 9th. Finally, The Goldman Sachs Group boosted their price objective on shares of Viking from $108.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $107.44.

About Viking

Viking Holdings Ltd. operates cruise voyages through its Viking brand, offering river, ocean and expedition cruises. Its trips are designed around destination-focused itineraries and include onboard cultural and educational programming. The company’s river cruises visit destinations across Europe, Asia, Egypt and the United States, while its ocean and expedition voyages travel to regions around the world. Viking began as a river cruise company in 1997 and later expanded into ocean and expedition cruising.