Shares of Seacor Holdings, Inc. (NYSE:CKH) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Brokers have set a twelve-month consensus price objective of $53.00 for the company and are predicting that the company will post $0.54 earnings per share for the current quarter, according to Zacks. Zacks has also given Seacor an industry rank of 245 out of 256 based on the ratings given to its competitors.
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Seacor from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Wednesday, January 23rd. TheStreet cut Seacor from a “b-” rating to a “c+” rating in a research note on Friday, December 7th. Finally, ValuEngine cut Seacor from a “hold” rating to a “sell” rating in a research note on Tuesday, November 13th.
In related news, insider Charles Fabrikant sold 51,432 shares of the stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $50.19, for a total value of $2,581,372.08. Following the sale, the insider now owns 492,937 shares in the company, valued at approximately $24,740,508.03. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.27% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of CKH. Vanguard Group Inc grew its holdings in Seacor by 2.6% in the 3rd quarter. Vanguard Group Inc now owns 1,666,627 shares of the oil and gas company’s stock valued at $82,349,000 after buying an additional 42,815 shares in the last quarter. Federated Investors Inc. PA grew its holdings in Seacor by 9.6% in the 3rd quarter. Federated Investors Inc. PA now owns 2,899 shares of the oil and gas company’s stock valued at $143,000 after buying an additional 253 shares in the last quarter. Vanguard Group Inc. grew its holdings in Seacor by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,666,627 shares of the oil and gas company’s stock valued at $82,349,000 after buying an additional 42,815 shares in the last quarter. Legal & General Group Plc grew its holdings in Seacor by 16.4% in the 3rd quarter. Legal & General Group Plc now owns 41,943 shares of the oil and gas company’s stock valued at $2,075,000 after buying an additional 5,914 shares in the last quarter. Finally, Teachers Advisors LLC grew its holdings in Seacor by 34.2% in the 3rd quarter. Teachers Advisors LLC now owns 43,610 shares of the oil and gas company’s stock valued at $2,155,000 after buying an additional 11,113 shares in the last quarter. Institutional investors and hedge funds own 91.55% of the company’s stock.
Shares of Seacor stock opened at $42.17 on Friday. Seacor has a 12-month low of $34.63 and a 12-month high of $59.00. The company has a market cap of $769.47 million, a PE ratio of 32.69 and a beta of 0.72. The company has a current ratio of 2.07, a quick ratio of 2.05 and a debt-to-equity ratio of 0.44.
Seacor Company Profile
SEACOR Holdings Inc, a diversified holding company, engages in transportation, and logistics and risk management consultancy businesses in the United States and internationally. The company's Ocean Transportation & Logistics Services segment owns and operates a diversified fleet of marine transportation, and towing and bunkering assets.
See Also: Hedge Funds – Risk or Reward?
Get a free copy of the Zacks research report on Seacor (CKH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Seacor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seacor and related companies with MarketBeat.com's FREE daily email newsletter.