Y Intercept Hong Kong Ltd Has $815,000 Stake in Viking Holdings Ltd (NYSE:VIK)

Y Intercept Hong Kong Ltd raised its stake in shares of Viking Holdings Ltd (NYSE:VIK) by 120.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 23,356 shares of the company’s stock after purchasing an additional 12,771 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Viking were worth $815,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. XTX Topco Ltd bought a new position in Viking during the third quarter valued at about $1,344,000. Zimmer Partners LP grew its holdings in shares of Viking by 70.0% during the 3rd quarter. Zimmer Partners LP now owns 1,062,500 shares of the company’s stock worth $37,071,000 after purchasing an additional 437,500 shares in the last quarter. Soros Fund Management LLC increased its position in shares of Viking by 15.4% during the third quarter. Soros Fund Management LLC now owns 750,000 shares of the company’s stock valued at $26,168,000 after purchasing an additional 100,000 shares during the period. Stifel Financial Corp raised its stake in shares of Viking by 64.5% in the third quarter. Stifel Financial Corp now owns 12,428 shares of the company’s stock valued at $434,000 after purchasing an additional 4,875 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in Viking in the third quarter worth $609,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Viking Price Performance

Viking stock opened at $45.49 on Friday. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $47.62. The business’s fifty day moving average is $42.51 and its two-hundred day moving average is $36.67.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VIK. Truist Financial boosted their price target on shares of Viking from $38.00 to $49.00 and gave the company a “hold” rating in a report on Monday, December 2nd. Barclays reissued an “equal weight” rating and issued a $49.00 price target on shares of Viking in a research report on Friday. 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 research note on Monday, November 18th. JPMorgan Chase & Co. upped their price objective on Viking from $37.00 to $42.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Finally, Morgan Stanley upgraded Viking from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $37.00 to $49.00 in a research report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $41.92.

About Viking

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.