Seacor Holdings, Inc. (NYSE:CKH) CFO Bruce Weins sold 16,819 shares of the business’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $48.50, for a total value of $815,721.50. Following the transaction, the chief financial officer now owns 12,503 shares in the company, valued at approximately $606,395.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Bruce Weins also recently made the following trade(s):
- On Thursday, December 21st, Bruce Weins sold 2,569 shares of Seacor stock. The stock was sold at an average price of $49.00, for a total value of $125,881.00.
Shares of Seacor Holdings, Inc. (NYSE:CKH) traded down $0.03 on Wednesday, hitting $47.64. The company’s stock had a trading volume of 141,759 shares, compared to its average volume of 109,115. The firm has a market capitalization of $863.61, a PE ratio of 17.78 and a beta of 1.07. Seacor Holdings, Inc. has a 12 month low of $30.44 and a 12 month high of $51.59. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.43 and a current ratio of 2.46.
Seacor (NYSE:CKH) last issued its quarterly earnings data on Tuesday, February 27th. The oil and gas company reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.10. The company had revenue of $185.52 million for the quarter, compared to analysts’ expectations of $171.23 million. Seacor had a return on equity of 1.54% and a net margin of 9.48%. analysts predict that Seacor Holdings, Inc. will post 0.54 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of CKH. Voya Investment Management LLC lifted its stake in shares of Seacor by 10.6% in the second quarter. Voya Investment Management LLC now owns 7,276 shares of the oil and gas company’s stock worth $250,000 after acquiring an additional 698 shares in the last quarter. State Street Corp lifted its stake in shares of Seacor by 8.3% in the second quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock worth $17,371,000 after acquiring an additional 39,028 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Seacor by 6.4% in the second quarter. The Manufacturers Life Insurance Company now owns 13,083 shares of the oil and gas company’s stock worth $449,000 after acquiring an additional 788 shares in the last quarter. Aperio Group LLC acquired a new position in shares of Seacor in the third quarter worth about $278,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Seacor in the third quarter worth about $277,000. Institutional investors own 91.77% of the company’s stock.
A number of research analysts have commented on the company. ValuEngine upgraded Seacor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. TheStreet upgraded Seacor from a “c” rating to a “b-” rating in a research note on Wednesday, February 28th. Stifel Nicolaus set a $50.00 price objective on Seacor and gave the stock a “hold” rating in a research note on Thursday, March 1st. Finally, Zacks Investment Research cut Seacor from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $48.67.
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Seacor Company Profile
SEACOR Holdings Inc, is engaged in the business of transportation and logistics, alcohol manufacturing, merchandising, and risk management consultancy. The Company’s segments include, Inland River Services, Shipping Services and Illinois Corn Processing. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products.
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