SG Americas Securities LLC Has $15.54 Million Position in Viking Holdings Ltd (NYSE:VIK)

SG Americas Securities LLC increased its stake in shares of Viking Holdings Ltd (NYSE:VIK) by 6,693.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 352,659 shares of the company’s stock after buying an additional 347,468 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Viking worth $15,538,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VIK. Simon Quick Advisors LLC lifted its stake in Viking by 7.2% during the fourth quarter. Simon Quick Advisors LLC now owns 17,410 shares of the company’s stock worth $767,000 after purchasing an additional 1,165 shares during the last quarter. Diversify Wealth Management LLC grew its holdings in Viking by 3.5% during the 4th quarter. Diversify Wealth Management LLC now owns 58,416 shares of the company’s stock worth $2,552,000 after acquiring an additional 1,960 shares during the period. Merit Financial Group LLC grew its holdings in Viking by 3.5% during the 4th quarter. Merit Financial Group LLC now owns 20,800 shares of the company’s stock worth $916,000 after acquiring an additional 700 shares during the period. Radnor Capital Management LLC acquired a new stake in Viking during the 4th quarter worth about $916,000. Finally, Harbour Capital Advisors LLC grew its holdings in Viking by 50.0% during the 4th quarter. Harbour Capital Advisors LLC now owns 12,960 shares of the company’s stock worth $555,000 after acquiring an additional 4,320 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

VIK has been the subject of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on Viking in a report on Wednesday. They set a “neutral” rating and a $49.00 price target for the company. Barclays restated an “equal weight” rating and issued a $49.00 target price on shares of Viking in a research note on Friday, December 13th. JPMorgan Chase & Co. raised their target price on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Citigroup initiated coverage on Viking in a research note on Thursday, December 19th. They issued a “buy” rating and a $54.00 target price for the company. Finally, Stifel Nicolaus raised their target price on Viking from $39.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $44.43.

Viking Stock Up 1.5 %

Shares of NYSE VIK opened at $48.54 on Friday. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $49.91. The firm’s 50-day simple moving average is $45.26 and its 200 day simple moving average is $39.29.

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.