California Public Employees Retirement System reduced its stake in Seacor Holdings, Inc. (NYSE:CKH) by 4.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,058 shares of the oil and gas company’s stock after selling 3,560 shares during the quarter. California Public Employees Retirement System’s holdings in Seacor were worth $3,323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp raised its stake in Seacor by 8.3% in the second quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock valued at $17,371,000 after purchasing an additional 39,028 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its stake in Seacor by 64.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 6,260 shares of the oil and gas company’s stock valued at $289,000 after purchasing an additional 2,460 shares in the last quarter. Vanguard Group Inc. raised its stake in Seacor by 3.2% in the second quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock valued at $51,177,000 after purchasing an additional 46,898 shares in the last quarter. Aperio Group LLC purchased a new stake in Seacor in the third quarter valued at approximately $278,000. Finally, Walthausen & Co. LLC purchased a new stake in Seacor in the second quarter valued at approximately $3,335,000. 92.01% of the stock is currently owned by institutional investors and hedge funds.

Seacor Holdings, Inc. (NYSE:CKH) opened at $49.59 on Friday. The company has a market cap of $885.64, a P/E ratio of -10.25 and a beta of 1.09. Seacor Holdings, Inc. has a one year low of $31.90 and a one year 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 other Seacor news, insider Charles Fabrikant sold 54,901 shares of Seacor stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $50.37, for a total transaction of $2,765,363.37. Following the transaction, the insider now directly owns 488,834 shares of the company’s stock, valued at $24,622,568.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Bruce Weins sold 2,569 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $49.00, for a total transaction of $125,881.00. Following the completion of the transaction, the chief financial officer now owns 12,708 shares in the company, valued at approximately $622,692. The disclosure for this sale can be found here. Insiders have sold 118,487 shares of company stock worth $5,950,235 over the last three months. Insiders own 10.47% of the company’s stock.

A number of equities research analysts recently weighed in on CKH shares. Zacks Investment Research raised shares of Seacor 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. TheStreet raised shares of Seacor from a “d+” rating to a “c-” rating in a research note on Tuesday, November 7th. Credit Suisse Group lifted their price target on shares of Seacor from $36.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Stifel Nicolaus downgraded shares of Seacor from a “buy” rating to a “hold” rating and lifted their price target for the stock from $40.00 to $53.00 in a research note on Monday, November 6th. Finally, ValuEngine raised shares of Seacor from a “sell” rating to a “hold” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $49.67.

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Seacor Company 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.

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Institutional Ownership by Quarter for Seacor (NYSE:CKH)

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