Tabor Asset Management LP Has $4.19 Million Stock Position in Viking Holdings Ltd (NYSE:VIK)

Tabor Asset Management LP lowered its stake in Viking Holdings Ltd (NYSE:VIK) by 48.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 120,115 shares of the company’s stock after selling 114,419 shares during the period. Viking makes up 2.0% of Tabor Asset Management LP’s portfolio, making the stock its 23rd largest holding. Tabor Asset Management LP’s holdings in Viking were worth $4,191,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Empirical Asset Management LLC grew its stake in Viking by 6.0% in the 3rd quarter. Empirical Asset Management LLC now owns 9,780 shares of the company’s stock valued at $341,000 after buying an additional 550 shares during the last quarter. Avior Wealth Management LLC acquired a new position in Viking in the 3rd quarter valued at about $27,000. Fruth Investment Management grew its stake in Viking by 1.4% in the 3rd quarter. Fruth Investment Management now owns 71,800 shares of the company’s stock valued at $2,505,000 after buying an additional 1,000 shares during the last quarter. Valley Wealth Managers Inc. acquired a new position in Viking in the 2nd quarter valued at about $35,000. Finally, Sunbelt Securities Inc. acquired a new position in Viking in the 2nd quarter valued at about $68,000.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VIK. Morgan Stanley upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $37.00 to $49.00 in a research report on Tuesday, November 12th. Bank of America increased their target price on shares of Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Barclays increased their target price 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. Stifel Nicolaus increased their target price on shares of Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Finally, Truist Financial increased their target price on shares of Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research report on Monday. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $41.92.

Viking Stock Down 0.5 %

Shares of Viking stock opened at $46.11 on Friday. The company has a 50 day moving average of $41.28 and a 200-day moving average of $36.00. Viking Holdings Ltd has a 1-year low of $25.71 and a 1-year high of $47.62.

Viking 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.