Maven Securities LTD Takes $6.98 Million Position in Viking Holdings Ltd (NYSE:VIK)

Maven Securities LTD acquired a new position in Viking Holdings Ltd (NYSE:VIK) during the third quarter, HoldingsChannel.com reports. The fund acquired 200,000 shares of the company’s stock, valued at approximately $6,978,000. Viking makes up about 0.1% of Maven Securities LTD’s holdings, making the stock its 23rd biggest holding.

Several other large investors have also recently modified their holdings of the company. Avior Wealth Management LLC purchased a new position in Viking in the 3rd quarter worth $27,000. Valley Wealth Managers Inc. acquired a new position in shares of Viking in the second quarter valued at about $35,000. American National Bank purchased a new position in shares of Viking in the second quarter worth about $68,000. Sunbelt Securities Inc. purchased a new stake in Viking in the second quarter valued at approximately $68,000. Finally, SG Americas Securities LLC purchased a new stake in Viking in the third quarter valued at approximately $181,000.

Viking Stock Down 1.3 %

Shares of Viking stock opened at $45.62 on Wednesday. The firm’s 50-day moving average price is $40.81 and its 200 day moving average price is $35.85. Viking Holdings Ltd has a twelve month low of $25.71 and a twelve month high of $47.62.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VIK. Barclays raised their price target on shares of Viking from $43.00 to $49.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Bank of America boosted their target price on shares of Viking from $40.00 to $51.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. increased their price target on Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Morgan Stanley raised Viking from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $37.00 to $49.00 in a report on Tuesday, November 12th. Finally, Truist Financial raised their target price on Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a report on Monday. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $41.92.

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.