Alberta Investment Management Corp purchased a new stake in Seacor Holdings, Inc. (NYSE:CKH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,000 shares of the oil and gas company’s stock, valued at approximately $604,000. Alberta Investment Management Corp owned 0.07% of Seacor as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC lifted its stake in shares of Seacor by 4.6% in the 4th quarter. Renaissance Technologies LLC now owns 1,336,496 shares of the oil and gas company’s stock valued at $57,670,000 after purchasing an additional 58,496 shares during the period. State Street Corp raised its stake in Seacor by 5.2% during the 4th quarter. State Street Corp now owns 594,047 shares of the oil and gas company’s stock worth $25,633,000 after buying an additional 29,145 shares during the period. Goldman Sachs Group Inc. raised its stake in Seacor by 1.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 515,639 shares of the oil and gas company’s stock worth $22,250,000 after buying an additional 4,863 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Seacor by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 179,733 shares of the oil and gas company’s stock worth $7,756,000 after buying an additional 672 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Seacor by 0.5% during the 4th quarter. Principal Financial Group Inc. now owns 139,721 shares of the oil and gas company’s stock worth $6,029,000 after buying an additional 742 shares during the period. 89.73% of the stock is currently owned by institutional investors.
Several analysts recently commented on CKH shares. ValuEngine raised Seacor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Stifel Nicolaus raised Seacor from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Thursday, January 2nd. Finally, Zacks Investment Research downgraded Seacor from a “hold” rating to a “strong sell” rating in a research note on Friday, March 6th.
Shares of Seacor stock opened at $26.62 on Friday. The company has a market capitalization of $537.19 million, a PE ratio of 19.15 and a beta of 0.77. Seacor Holdings, Inc. has a 12 month low of $22.23 and a 12 month high of $51.42. The company has a current ratio of 1.58, a quick ratio of 1.55 and a debt-to-equity ratio of 0.45. The stock’s fifty day simple moving average is $33.82 and its 200 day simple moving average is $41.28.
Seacor (NYSE:CKH) last issued its quarterly earnings data on Friday, February 28th. The oil and gas company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.38). The business had revenue of $192.76 million for the quarter, compared to analyst estimates of $208.41 million. Seacor had a return on equity of 3.12% and a net margin of 3.35%. Analysts predict that Seacor Holdings, Inc. will post 1 EPS for the current fiscal year.
In other news, CEO Charles Fabrikant bought 5,649 shares of the stock in a transaction on Wednesday, March 11th. The stock was purchased at an average price of $25.71 per share, for a total transaction of $145,235.79. Following the acquisition, the chief executive officer now owns 530,015 shares in the company, valued at $13,626,685.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 10.27% of the stock is currently owned by corporate insiders.
Seacor Company Profile
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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