65,600 Shares in Viking Holdings Ltd (NYSE:VIK) Purchased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC purchased a new stake in Viking Holdings Ltd (NYSE:VIK) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 65,600 shares of the company’s stock, valued at approximately $2,226,000.

Separately, Renaissance Capital LLC bought a new stake in shares of Viking during the 2nd quarter worth $2,250,000.

Viking Stock Up 1.5 %

Shares of Viking stock traded up $0.48 on Friday, hitting $33.51. 1,007,521 shares of the company traded hands, compared to its average volume of 1,810,539. Viking Holdings Ltd has a 12-month low of $25.71 and a 12-month high of $37.25. The stock’s 50-day moving average is $33.36.

Viking (NYSE:VIK) last issued its earnings results on Wednesday, May 29th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.43. The firm had revenue of $718.16 million during the quarter, compared to analysts’ expectations of $705.70 million. On average, equities research analysts expect that Viking Holdings Ltd will post 1.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

VIK has been the subject of several analyst reports. Truist Financial started coverage on Viking in a report on Friday, June 21st. They set a “hold” rating and a $38.00 target price for the company. HSBC started coverage on shares of Viking in a report on Tuesday, June 25th. They issued a “buy” rating and a $36.00 target price for the company. UBS Group initiated coverage on shares of Viking in a report on Tuesday, May 28th. They set a “buy” rating and a $35.00 price target on the stock. Barclays began coverage on shares of Viking in a research note on Tuesday, July 2nd. They issued an “overweight” rating and a $39.00 price objective for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Viking in a research note on Tuesday, May 28th. They set an “overweight” rating and a $34.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $35.83.

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.