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

U.S. Capital Wealth Advisors LLC reduced its position in Viking Holdings Ltd (NYSE:VIK) by 42.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,555 shares of the company’s stock after selling 25,920 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Viking were worth $1,567,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Avior Wealth Management LLC bought a new position in Viking in the 3rd quarter valued at $27,000. SG Americas Securities LLC purchased a new stake in shares of Viking in the third quarter worth $181,000. Wilmington Savings Fund Society FSB bought a new stake in Viking during the third quarter valued at $187,000. China Universal Asset Management Co. Ltd. purchased a new position in Viking during the third quarter worth about $204,000. Finally, Commerce Bank bought a new position in Viking in the 3rd quarter worth about $276,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Stock Up 2.2 %

Shares of NYSE VIK opened at $51.24 on Wednesday. The firm’s fifty day moving average is $46.00 and its 200 day moving average is $40.19. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $51.99.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on VIK shares. JPMorgan Chase & Co. boosted their price objective on Viking from $50.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. The Goldman Sachs Group began coverage on shares of Viking in a report on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 price target on the stock. Morgan Stanley raised shares of Viking from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $37.00 to $49.00 in a report on Tuesday, November 12th. Citigroup began coverage on Viking in a research note on Thursday, December 19th. They issued a “buy” rating and a $54.00 target price on the stock. Finally, Barclays reaffirmed an “equal weight” rating and set a $49.00 price target on shares of Viking in a research note on Friday, December 13th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.

Viking Company 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.