ValuEngine lowered shares of Seacor (NYSE:CKH) from a hold rating to a sell rating in a research report report published on Friday morning.

Other analysts also recently issued reports about the stock. Stifel Nicolaus downgraded shares of Seacor from a buy rating to a hold rating and boosted their target price for the stock from $40.00 to $53.00 in a report on Monday, November 6th. Credit Suisse Group boosted their target price on shares of Seacor from $36.00 to $43.00 and gave the stock a neutral rating in a report on Friday, November 3rd. TheStreet upgraded shares of Seacor from a d+ rating to a c- rating in a report on Tuesday, November 7th. Finally, Zacks Investment Research lowered shares of Seacor from a buy rating to a hold rating in a report on Monday, October 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $49.67.

Shares of Seacor (CKH) opened at $44.98 on Friday. The company has a quick ratio of 2.07, a current ratio of 2.09 and a debt-to-equity ratio of 0.89. Seacor has a fifty-two week low of $30.44 and a fifty-two week high of $51.59. The company has a market cap of $824.39, a P/E ratio of -9.29 and a beta of 1.01.

In other news, CFO Bruce Weins sold 2,569 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $49.00, for a total transaction of $125,881.00. Following the sale, the chief financial officer now owns 12,708 shares in the company, valued at $622,692. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Vice Chairman Oivind Lorentzen sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $49.39, for a total transaction of $987,800.00. Following the sale, the insider now owns 41,175 shares in the company, valued at approximately $2,033,633.25. The disclosure for this sale can be found here. Insiders have sold 23,369 shares of company stock worth $1,154,081 in the last 90 days. 10.47% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in CKH. Walthausen & Co. LLC raised its holdings in shares of Seacor by 377.9% during the third quarter. Walthausen & Co. LLC now owns 464,702 shares of the oil and gas company’s stock valued at $21,427,000 after acquiring an additional 367,465 shares during the period. Vanguard Group Inc. increased its stake in Seacor by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock valued at $51,177,000 after buying an additional 46,898 shares during the period. Assenagon Asset Management S.A. acquired a new position in Seacor in the 4th quarter valued at approximately $1,914,000. State Street Corp increased its stake in Seacor by 8.3% in the 2nd quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock valued at $17,371,000 after buying an additional 39,028 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Seacor in the 2nd quarter valued at approximately $644,000. Institutional investors and hedge funds own 91.94% of the company’s stock.

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About Seacor

SEACOR Holdings Inc, is engaged in the business of transportation and logistics, alcohol manufacturing, merchandising, and risk management consultancy. The Company’s segments include, Inland River Services, Shipping Services and Illinois Corn Processing. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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