U.S. Capital Wealth Advisors LLC Trims Position in Viking Holdings Ltd (NYSE:VIK)

U.S. Capital Wealth Advisors LLC decreased its holdings in Viking Holdings Ltd (NYSE:VIK) by 42.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 35,555 shares of the company’s stock after selling 25,920 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Viking were worth $1,567,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Avior Wealth Management LLC bought a new position in shares of Viking in the 3rd quarter worth approximately $27,000. SG Americas Securities LLC purchased a new stake in Viking in the third quarter worth $181,000. Wilmington Savings Fund Society FSB bought a new position in Viking in the third quarter worth $187,000. China Universal Asset Management Co. Ltd. purchased a new position in Viking during the third quarter valued at $204,000. Finally, R Squared Ltd bought a new stake in shares of Viking during the 4th quarter valued at $321,000. Institutional investors own 98.84% of the company’s stock.

Viking Stock Up 2.2 %

NYSE:VIK opened at $51.24 on Wednesday. The company has a 50 day simple moving average of $46.00 and a two-hundred day simple moving average of $40.19. Viking Holdings Ltd has a 12 month low of $25.71 and a 12 month high of $51.99.

Analyst Ratings Changes

A number of research analysts recently issued reports on VIK shares. Barclays reissued an “equal weight” rating and set a $49.00 price target on shares of Viking in a research report on Friday, December 13th. Truist Financial boosted their price target on Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research report on Monday, December 2nd. Bank of America raised their price objective on Viking from $40.00 to $51.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. boosted their target price on Viking from $50.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Finally, The Goldman Sachs Group started coverage on Viking in a report on Wednesday, January 22nd. They set a “neutral” rating and a $49.00 price target for the company. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, Viking has a consensus rating of “Moderate Buy” and a consensus price target 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.