Viking Holdings Ltd (NYSE:VIK) Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Viking Holdings Ltd (NYSE:VIK) by 40.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,400,000 shares of the company’s stock after purchasing an additional 400,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 0.32% of Viking worth $48,846,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Empirical Asset Management LLC raised its holdings in Viking by 6.0% in the 3rd quarter. Empirical Asset Management LLC now owns 9,780 shares of the company’s stock valued at $341,000 after acquiring an additional 550 shares during the last quarter. Avior Wealth Management LLC acquired a new stake in Viking in the 3rd quarter valued at about $27,000. Fruth Investment Management raised its holdings in Viking by 1.4% in the 3rd quarter. Fruth Investment Management now owns 71,800 shares of the company’s stock valued at $2,505,000 after acquiring an additional 1,000 shares during the last quarter. Valley Wealth Managers Inc. acquired a new stake in Viking in the 2nd quarter valued at about $35,000. Finally, Sunbelt Securities Inc. acquired a new stake in Viking in the 2nd quarter valued at about $68,000.

Viking Stock Down 1.6 %

NYSE:VIK opened at $46.45 on Thursday. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $47.62. The company has a 50 day moving average price of $39.60 and a 200 day moving average price of $35.22.

Wall Street Analyst Weigh In

A number of analysts have commented on VIK shares. JPMorgan Chase & Co. increased their price objective on shares of Viking from $37.00 to $42.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Wells Fargo & Company raised their price target on shares of Viking from $35.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, September 4th. Barclays raised their price target on shares of Viking from $43.00 to $49.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Morgan Stanley upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $37.00 to $49.00 in a report on Tuesday, November 12th. Finally, Stifel Nicolaus raised their price target on shares of Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, Viking presently has an average rating of “Moderate Buy” and an average target price of $41.00.

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.