Oppenheimer & Close LLC lowered its stake in SEACOR Holdings, Inc. (NYSE:CKH) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 153,917 shares of the oil and gas company’s stock after selling 1,435 shares during the quarter. SEACOR Holdings comprises 7.3% of Oppenheimer & Close LLC’s portfolio, making the stock its 4th biggest holding. Oppenheimer & Close LLC owned 0.86% of SEACOR Holdings worth $7,097,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Arizona State Retirement System raised its stake in shares of SEACOR Holdings by 1.2% in the second quarter. Arizona State Retirement System now owns 8,516 shares of the oil and gas company’s stock worth $292,000 after buying an additional 100 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in shares of SEACOR Holdings by 3.3% in the second quarter. Municipal Employees Retirement System of Michigan now owns 3,800 shares of the oil and gas company’s stock worth $130,000 after buying an additional 120 shares during the period. Texas Permanent School Fund raised its stake in shares of SEACOR Holdings by 2.2% in the second quarter. Texas Permanent School Fund now owns 11,916 shares of the oil and gas company’s stock worth $409,000 after buying an additional 253 shares during the period. TIAA CREF Investment Management LLC raised its stake in shares of SEACOR Holdings by 0.6% in the second quarter. TIAA CREF Investment Management LLC now owns 44,588 shares of the oil and gas company’s stock worth $1,529,000 after buying an additional 254 shares during the period. Finally, Teachers Advisors LLC raised its stake in shares of SEACOR Holdings by 1.4% in the second quarter. Teachers Advisors LLC now owns 28,200 shares of the oil and gas company’s stock worth $967,000 after buying an additional 387 shares during the period. 89.88% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “SEACOR Holdings, Inc. (CKH) is Oppenheimer & Close LLC’s 4th Largest Position” was posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://www.watchlistnews.com/seacor-holdings-inc-ckh-is-oppenheimer-close-llcs-4th-largest-position/1705316.html.

Shares of SEACOR Holdings, Inc. (CKH) traded down $0.81 on Wednesday, reaching $48.46. The company had a trading volume of 133,800 shares, compared to its average volume of 161,955. SEACOR Holdings, Inc. has a 52 week low of $28.01 and a 52 week high of $51.59. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.07 and a current ratio of 2.09.

In related news, insider Charles Fabrikant sold 54,901 shares of SEACOR Holdings stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $50.37, for a total transaction of $2,765,363.37. Following the sale, the insider now owns 488,834 shares of the company’s stock, valued at approximately $24,622,568.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Eric Fabrikant sold 4,988 shares of SEACOR Holdings stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $50.74, for a total value of $253,091.12. Following the sale, the chief operating officer now directly owns 48,747 shares in the company, valued at approximately $2,473,422.78. The disclosure for this sale can be found here. Insiders have sold a total of 116,459 shares of company stock worth $5,846,567 in the last three months. 10.47% of the stock is owned by corporate insiders.

CKH has been the topic of several recent analyst reports. TheStreet raised SEACOR Holdings from a “d+” rating to a “c-” rating in a research note on Tuesday, November 7th. Zacks Investment Research raised SEACOR Holdings from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research note on Wednesday, November 8th. Stifel Nicolaus downgraded SEACOR Holdings from a “buy” rating to a “hold” rating and lifted their target price for the company from $40.00 to $53.00 in a research note on Monday, November 6th. Finally, Credit Suisse Group lifted their target price on SEACOR Holdings from $36.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. SEACOR Holdings presently has a consensus rating of “Hold” and a consensus price target of $50.33.

SEACOR Holdings Profile

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.

Institutional Ownership by Quarter for SEACOR Holdings (NYSE:CKH)

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 Analyst Ratings Network's FREE daily email newsletter.