Foundation Resource Management Inc. Has $7.27 Million Stake in Seacor Holdings, Inc. (NYSE:CKH)

Foundation Resource Management Inc. lessened its stake in shares of Seacor Holdings, Inc. (NYSE:CKH) by 25.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 157,334 shares of the oil and gas company’s stock after selling 54,259 shares during the quarter. Seacor makes up approximately 1.3% of Foundation Resource Management Inc.’s portfolio, making the stock its 23rd biggest position. Foundation Resource Management Inc. owned 0.88% of Seacor worth $7,272,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in CKH. Walthausen & Co. LLC boosted its stake in shares of Seacor by 377.9% during the third quarter. Walthausen & Co. LLC now owns 464,702 shares of the oil and gas company’s stock valued at $21,427,000 after purchasing an additional 367,465 shares during the period. Vanguard Group Inc. lifted its stake in Seacor by 3.2% in the second quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock worth $51,177,000 after acquiring an additional 46,898 shares during the period. State Street Corp lifted its stake in 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 during the period. Ursa Fund Management LLC purchased a new stake in Seacor in the second quarter worth $719,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Seacor in the second quarter worth $644,000. 91.72% of the stock is owned by hedge funds and other institutional investors.

In other Seacor news, CEO Charles Fabrikant sold 15,229 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $50.87, for a total transaction of $774,699.23. Following the completion of the transaction, the chief executive officer now owns 488,834 shares of the company’s stock, valued at $24,866,985.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Bruce Weins sold 2,569 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $49.00, for a total value of $125,881.00. Following the transaction, the chief financial officer now directly owns 12,708 shares of the company’s stock, valued at approximately $622,692. The disclosure for this sale can be found here. Insiders have sold 118,487 shares of company stock valued at $5,950,235 in the last three months. Insiders own 10.47% of the company’s stock.

Shares of Seacor Holdings, Inc. (CKH) traded up $0.89 during trading on Thursday, reaching $47.47. The company’s stock had a trading volume of 49,943 shares, compared to its average volume of 101,711. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.09 and a quick ratio of 2.07. The stock has a market capitalization of $840.28, a price-to-earnings ratio of -9.81 and a beta of 1.09. Seacor Holdings, Inc. has a fifty-two week low of $30.44 and a fifty-two week high of $51.59.

Seacor (NYSE:CKH) last announced its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.02). The firm had revenue of $158.17 million for the quarter, compared to analysts’ expectations of $151.99 million. Seacor had a negative net margin of 15.49% and a negative return on equity of 9.19%. equities analysts expect that Seacor Holdings, Inc. will post 0.55 EPS for the current year.

CKH has been the subject of a number of research analyst reports. Zacks Investment Research raised Seacor from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research note on Wednesday, January 3rd. TheStreet raised Seacor from a “d+” rating to a “c-” rating in a research note on Tuesday, November 7th. Credit Suisse Group raised their price target on Seacor from $36.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Stifel Nicolaus lowered Seacor from a “buy” rating to a “hold” rating and raised their price target for the stock from $40.00 to $53.00 in a research note on Monday, November 6th. Finally, ValuEngine raised Seacor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $49.67.

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Seacor 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.

Institutional Ownership by Quarter for Seacor (NYSE:CKH)

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