Levin Capital Strategies L.P. Invests $1.01 Million in Viking Holdings Ltd (NYSE:VIK)

Levin Capital Strategies L.P. 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 22,998 shares of the company’s stock, valued at approximately $1,013,000.

Other hedge funds have also recently made changes to their positions in the company. Avior Wealth Management LLC bought a new position in shares of Viking in the third quarter worth about $27,000. Golden State Wealth Management LLC bought a new position in shares of Viking in the fourth quarter worth about $73,000. New York State Common Retirement Fund bought a new position in Viking during the fourth quarter valued at approximately $119,000. Rhumbline Advisers bought a new position in Viking during the fourth quarter valued at approximately $130,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Viking during the third quarter valued at approximately $187,000. Institutional investors own 98.84% of the company’s stock.

Viking Trading Up 2.0 %

Shares of NYSE VIK opened at $48.06 on Friday. The business’s 50 day moving average price is $47.74 and its 200-day moving average price is $42.20. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $53.14.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Loop Capital assumed coverage on Viking in a research note on Tuesday, February 4th. They set a “buy” rating and a $55.00 price target for the company. Stifel Nicolaus increased their price target on Viking from $39.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, November 18th. The Goldman Sachs Group assumed coverage on Viking in a research note on Wednesday, January 22nd. They set a “neutral” rating and a $49.00 price target for the company. Citigroup assumed coverage on Viking in a research note on Thursday, December 19th. They set a “buy” rating and a $54.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price target on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, Viking presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.

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.