Shares of Seacor Holdings Inc. (NYSE:CKH) have received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus price target of $70.00 for the company and are anticipating that the company will post ($0.70) EPS for the current quarter, according to Zacks. Zacks has also assigned Seacor Holdings an industry rank of 167 out of 265 based on the ratings given to its competitors.
Separately, Stifel Nicolaus initiated coverage on Seacor Holdings in a research note on Tuesday, August 23rd. They set a “buy” rating and a $70.00 price target on the stock.
Seacor Holdings (NYSE:CKH) opened at 58.24 on Wednesday. The stock has a 50 day moving average price of $58.45 and a 200 day moving average price of $57.02. Seacor Holdings has a 52-week low of $41.24 and a 52-week high of $65.02. The stock’s market cap is $1.01 billion.
In other Seacor Holdings news, SVP Bruce Weins sold 1,304 shares of the stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $59.45, for a total transaction of $77,522.80. Following the transaction, the senior vice president now owns 9,601 shares of the company’s stock, valued at approximately $570,779.45. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Matthew Cenac sold 4,425 shares of the stock in a transaction on Wednesday, September 21st. The stock was sold at an average price of $56.25, for a total value of $248,906.25. Following the transaction, the chief financial officer now directly owns 30,776 shares in the company, valued at approximately $1,731,150. The disclosure for this sale can be found here. Company insiders own 13.37% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. increased its stake in Seacor Holdings by 51.7% in the first quarter. BlackRock Inc. now owns 1,971 shares of the company’s stock worth $108,000 after buying an additional 672 shares during the last quarter. PineBridge Investments L.P. increased its stake in Seacor Holdings by 7.6% in the second quarter. PineBridge Investments L.P. now owns 2,020 shares of the company’s stock worth $117,000 after buying an additional 143 shares during the last quarter. Teacher Retirement System of Texas increased its stake in Seacor Holdings by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 2,300 shares of the company’s stock worth $133,000 after buying an additional 277 shares during the last quarter. Mason Street Advisors LLC purchased a new stake in Seacor Holdings during the second quarter worth approximately $180,000. Finally, KCG Holdings Inc. purchased a new stake in Seacor Holdings during the second quarter worth approximately $213,000.
Seacor Holdings Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Seacor Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seacor Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.