Shares of Seacor Holdings Inc. (NYSE:CKH) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price objective of $70.00 for the company and are anticipating that the company will post ($0.70) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Seacor Holdings an industry rank of 184 out of 265 based on the ratings given to related companies.
Separately, Stifel Nicolaus began coverage on Seacor Holdings in a research note on Tuesday, August 23rd. They issued a “buy” rating and a $70.00 price objective on the stock.
In other news, CFO Matthew Cenac sold 1,575 shares of the company’s stock in a transaction on Monday, September 19th. The stock was sold at an average price of $56.30, for a total transaction of $88,672.50. Following the transaction, the chief financial officer now owns 35,201 shares of the company’s stock, valued at $1,981,816.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Bruce Weins sold 1,304 shares of the company’s stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $59.45, for a total value of $77,522.80. Following the transaction, the senior vice president now directly owns 9,601 shares in the company, valued at approximately $570,779.45. The disclosure for this sale can be found here. Insiders own 13.37% of the company’s stock.
Several institutional investors have recently modified their holdings of CKH. Ruffer LLP raised its position in shares of Seacor Holdings by 28.6% in the first quarter. Ruffer LLP now owns 45,000 shares of the company’s stock valued at $2,449,000 after buying an additional 10,000 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of Seacor Holdings by 69.4% in the second quarter. BNP Paribas Arbitrage SA now owns 9,488 shares of the company’s stock valued at $550,000 after buying an additional 3,887 shares during the period. Robotti Robert raised its position in shares of Seacor Holdings by 5.5% in the first quarter. Robotti Robert now owns 79,846 shares of the company’s stock valued at $4,348,000 after buying an additional 4,135 shares during the period. Magnetar Financial LLC raised its position in shares of Seacor Holdings by 1.5% in the first quarter. Magnetar Financial LLC now owns 7,652 shares of the company’s stock valued at $417,000 after buying an additional 113 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its position in shares of Seacor Holdings by 12.7% in the first quarter. Metropolitan Life Insurance Co. NY now owns 14,847 shares of the company’s stock valued at $808,000 after buying an additional 1,676 shares during the period.
Seacor Holdings (NYSE:CKH) opened at 56.47 on Monday. The firm’s 50-day moving average price is $57.19 and its 200 day moving average price is $56.25. The stock’s market cap is $978.06 million. Seacor Holdings has a 1-year low of $41.24 and a 1-year high of $67.60.
Seacor Holdings Company Profile
SEACOR Holdings Inc is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore oil and gas, shipping and logistics industries. The Company’s segments include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration, development and production facilities around the world.
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