Janus Henderson Group PLC Acquires New Holdings in Viking Holdings Ltd (NYSE:VIK)

Janus Henderson Group PLC bought a new position in Viking Holdings Ltd (NYSE:VIK) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $698,000.

Other large investors have also recently bought and sold shares of the company. Avior Wealth Management LLC purchased a new stake in shares of Viking in the third quarter worth $27,000. Valley Wealth Managers Inc. purchased a new stake in shares of Viking in the 2nd quarter valued at about $35,000. American National Bank bought a new stake in shares of Viking during the 2nd quarter valued at about $68,000. Sunbelt Securities Inc. purchased a new position in shares of Viking during the second quarter worth about $68,000. Finally, SG Americas Securities LLC bought a new position in shares of Viking in the third quarter worth approximately $181,000. 98.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Morgan Stanley upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $37.00 to $49.00 in a research report on Tuesday, November 12th. Truist Financial lifted their price objective on shares of Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a report on Monday, December 2nd. Barclays reissued an “equal weight” rating and issued a $49.00 target price on shares of Viking in a research note on Friday. Bank of America lifted their price target on Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, Wells Fargo & Company increased their price objective on Viking from $35.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Viking presently has an average rating of “Moderate Buy” and a consensus price target of $41.92.

Viking Trading Down 1.5 %

Shares of VIK stock opened at $45.49 on Friday. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $47.62. The stock has a 50 day moving average price of $42.51 and a two-hundred day moving average price of $36.71.

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.