Swiss National Bank cut its stake in shares of Seacor Holdings Inc. (NYSE:CKH) by 2.4% during the second quarter, Holdings Channel reports. The institutional investor owned 28,500 shares of the company’s stock after selling 700 shares during the period. Swiss National Bank owned 0.16% of Seacor Holdings worth $1,652,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in CKH. BlackRock Inc. raised its position in shares of Seacor Holdings by 51.7% in the first quarter. BlackRock Inc. now owns 1,971 shares of the company’s stock valued at $108,000 after buying an additional 672 shares in the last quarter. Adams Diversified Equity Fund Inc. acquired a new position in shares of Seacor Holdings during the second quarter valued at $319,000. Aperio Group LLC raised its position in shares of Seacor Holdings by 33.0% in the first quarter. Aperio Group LLC now owns 6,157 shares of the company’s stock valued at $335,000 after buying an additional 1,526 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Seacor Holdings by 1.4% in the second quarter. Louisiana State Employees Retirement System now owns 7,100 shares of the company’s stock valued at $411,000 after buying an additional 100 shares in the last quarter. Finally, 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 in the last quarter.
Shares of Seacor Holdings Inc. (NYSE:CKH) traded down 2.05% during midday trading on Friday, reaching $55.97. 81,493 shares of the company’s stock traded hands. Seacor Holdings Inc. has a 52-week low of $41.24 and a 52-week high of $67.60. The stock has a 50-day moving average price of $57.26 and a 200-day moving average price of $56.27. The stock’s market cap is $969.40 million.
Separately, Stifel Nicolaus began coverage on shares of Seacor Holdings in a research note on Tuesday, August 23rd. They issued a “buy” rating and a $70.00 target price for the company.
In other Seacor Holdings news, SVP Bruce Weins sold 1,304 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $570,779.45. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Matthew Cenac sold 4,425 shares of the firm’s stock in a transaction dated Wednesday, September 21st. The shares were sold at an average price of $56.25, for a total transaction of $248,906.25. Following the completion of the transaction, the chief financial officer now directly owns 30,776 shares in the company, valued at $1,731,150. The disclosure for this sale can be found here. 13.37% of the stock is currently owned by company insiders.
About Seacor Holdings
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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