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Supply Chain Risk

Pacer Advisors Inc. Makes New Investment in Seacor Holdings, Inc. (NYSE:CKH)

Pacer Advisors Inc. acquired a new position in shares of Seacor Holdings, Inc. (NYSE:CKH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,206 shares of the oil and gas company’s stock, valued at approximately $311,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CKH. Tower Research Capital LLC TRC bought a new position in shares of Seacor during the 3rd quarter valued at about $74,000. SG Americas Securities LLC bought a new position in Seacor during the third quarter worth $117,000. Aigen Investment Management LP bought a new position in Seacor during the fourth quarter worth $196,000. Martingale Asset Management L P boosted its stake in Seacor by 15.6% during the fourth quarter. Martingale Asset Management L P now owns 5,200 shares of the oil and gas company’s stock worth $225,000 after acquiring an additional 700 shares in the last quarter. Finally, Virginia Retirement Systems ET AL bought a new position in Seacor during the fourth quarter worth $237,000. Institutional investors and hedge funds own 88.62% of the company’s stock.

Seacor stock traded down $0.44 during trading on Friday, reaching $29.86. The company had a trading volume of 39,611 shares, compared to its average volume of 84,890. Seacor Holdings, Inc. has a 52 week low of $29.64 and a 52 week high of $51.42. The firm’s 50-day simple moving average is $39.38 and its 200 day simple moving average is $43.39. The firm has a market capitalization of $658.85 million, a price-to-earnings ratio of 21.48 and a beta of 0.77. The company has a current ratio of 1.58, a quick ratio of 1.41 and a debt-to-equity ratio of 0.45.

Seacor (NYSE:CKH) last announced its earnings results on Friday, February 28th. The oil and gas company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.38). Seacor had a return on equity of 3.12% and a net margin of 3.35%. The company had revenue of $192.76 million during the quarter, compared to the consensus estimate of $208.41 million. On average, analysts predict that Seacor Holdings, Inc. will post 1.95 earnings per share for the current year.

A number of equities analysts recently issued reports on the company. ValuEngine upgraded Seacor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Zacks Investment Research upgraded shares of Seacor from a “strong sell” rating to a “hold” rating in a report on Monday, January 6th. Finally, Stifel Nicolaus upgraded shares of Seacor from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Thursday, January 2nd.

Seacor 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.

Featured Article: How To Calculate Debt-to-Equity Ratio

Institutional Ownership by Quarter for Seacor (NYSE:CKH)



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