Bank of Montreal Can lifted its holdings in shares of Seacor Holdings, Inc. (NYSE:CKH) by 22.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,938 shares of the oil and gas company’s stock after buying an additional 6,409 shares during the quarter. Bank of Montreal Can owned approximately 0.19% of Seacor worth $1,725,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in CKH. United Services Automobile Association raised its holdings in Seacor by 14.7% during the second quarter. United Services Automobile Association now owns 172,136 shares of the oil and gas company’s stock worth $9,858,000 after purchasing an additional 21,997 shares during the last quarter. Northern Trust Corp increased its position in Seacor by 7.7% during the second quarter. Northern Trust Corp now owns 360,608 shares of the oil and gas company’s stock worth $20,653,000 after buying an additional 25,803 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in Seacor by 170.6% during the second quarter. Public Employees Retirement System of Ohio now owns 5,098 shares of the oil and gas company’s stock worth $292,000 after buying an additional 3,214 shares in the last quarter. WINTON GROUP Ltd increased its position in Seacor by 2,167.3% during the second quarter. WINTON GROUP Ltd now owns 110,894 shares of the oil and gas company’s stock worth $6,351,000 after buying an additional 106,003 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new position in Seacor during the second quarter worth $257,000. 91.75% of the stock is owned by institutional investors and hedge funds.
In other news, insider Charles Fabrikant sold 51,432 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $50.19, for a total transaction of $2,581,372.08. Following the completion of the transaction, the insider now directly owns 492,937 shares of the company’s stock, valued at $24,740,508.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.27% of the stock is currently owned by corporate insiders.
Shares of CKH traded up $0.86 during midday trading on Monday, reaching $42.40. 110,300 shares of the company were exchanged, compared to its average volume of 125,892. The stock has a market cap of $757.97 million, a PE ratio of 32.87 and a beta of 0.64. Seacor Holdings, Inc. has a 1-year low of $40.09 and a 1-year high of $59.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.07 and a quick ratio of 2.05.
Seacor (NYSE:CKH) last issued its quarterly earnings data on Tuesday, October 23rd. The oil and gas company reported $0.82 EPS for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.30. The company had revenue of $220.26 million for the quarter, compared to analysts’ expectations of $222.45 million. Seacor had a return on equity of 3.88% and a net margin of 16.80%. On average, research analysts anticipate that Seacor Holdings, Inc. will post 1.98 earnings per share for the current year.
SEACOR Holdings Inc, a diversified holding company, engages in transportation, and logistics and risk management consultancy businesses in the United States and internationally. The company's Ocean Transportation & Logistics Services segment owns and operates a diversified fleet of marine transportation, and towing and bunkering assets.
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