Healthcare of Ontario Pension Plan Trust Fund Raises Position in Viking Holdings Ltd (NYSE:VIK)

Healthcare of Ontario Pension Plan Trust Fund grew its position in Viking Holdings Ltd (NYSE:VIK) by 40.0% during the third quarter, Holdings Channel.com reports. The firm owned 1,400,000 shares of the company’s stock after acquiring an additional 400,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Viking were worth $48,846,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC acquired a new stake in shares of Viking in the 3rd quarter valued at $27,000. Valley Wealth Managers Inc. acquired a new stake in shares of Viking in the 2nd quarter valued at $35,000. Sunbelt Securities Inc. acquired a new stake in shares of Viking in the 2nd quarter valued at $68,000. American National Bank acquired a new stake in shares of Viking in the 2nd quarter valued at $68,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Viking in the 3rd quarter valued at $181,000.

Viking Stock Performance

NYSE VIK opened at $46.45 on Thursday. Viking Holdings Ltd has a one year low of $25.71 and a one year high of $47.62. The firm’s fifty day moving average is $39.60 and its two-hundred day moving average is $35.22.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VIK. Bank of America raised their price objective on shares of Viking from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Morgan Stanley upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $37.00 to $49.00 in a research note on Tuesday, November 12th. Stifel Nicolaus lifted their price target on shares of Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Wells Fargo & Company lifted their price target on shares of Viking from $35.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 4th. Finally, Barclays lifted their price target on shares of Viking from $43.00 to $49.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.00.

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.