Seacor Holdings, Inc. (NYSE:CKH)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.42 and last traded at $49.90, with a volume of 115941 shares. The stock had previously closed at $49.98.
Several brokerages have recently commented on CKH. Zacks Investment Research cut Seacor from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 1st. TheStreet cut Seacor from a “b-” rating to a “c+” rating in a report on Monday, June 3rd. Finally, ValuEngine upgraded Seacor from a “sell” rating to a “hold” rating in a report on Friday, July 19th.
The firm has a fifty day moving average of $46.89 and a 200-day moving average of $44.98. The firm has a market cap of $958.29 million, a P/E ratio of 26.14 and a beta of 0.83. The company has a quick ratio of 1.81, a current ratio of 1.84 and a debt-to-equity ratio of 0.40.
Seacor (NYSE:CKH) last posted its quarterly earnings results on Wednesday, July 24th. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.32. The business had revenue of $197.02 million for the quarter, compared to analysts’ expectations of $214.72 million. Seacor had a return on equity of 4.71% and a net margin of 4.12%. Sell-side analysts anticipate that Seacor Holdings, Inc. will post 2.19 EPS for the current year.
In other Seacor news, COO Eric Fabrikant sold 6,984 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $50.28, for a total transaction of $351,155.52. Following the transaction, the chief operating officer now owns 77,136 shares in the company, valued at $3,878,398.08. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Charles Fabrikant sold 24,100 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $47.34, for a total value of $1,140,894.00. Following the transaction, the chief executive officer now owns 521,809 shares in the company, valued at approximately $24,702,438.06. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,085 shares of company stock worth $3,016,797. 10.47% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently modified their holdings of the business. WINTON GROUP Ltd bought a new position in Seacor during the second quarter worth about $1,393,000. Royce & Associates LP raised its position in shares of Seacor by 0.3% during the first quarter. Royce & Associates LP now owns 1,424,676 shares of the oil and gas company’s stock worth $60,235,000 after purchasing an additional 3,879 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in shares of Seacor during the first quarter worth about $409,000. AE Wealth Management LLC acquired a new stake in Seacor in the 2nd quarter valued at approximately $485,000. Finally, SG Americas Securities LLC raised its position in Seacor by 169.3% in the 1st quarter. SG Americas Securities LLC now owns 7,677 shares of the oil and gas company’s stock valued at $325,000 after buying an additional 4,826 shares during the last quarter. Hedge funds and other institutional investors own 84.57% of the company’s stock.
About Seacor (NYSE:CKH)
SEACOR Holdings Inc engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally. The company operates through Ocean Transportation & Logistics Services, Inland Transportation & Logistics Services, Witt O'Brien's, and Other segments.
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