Texas Permanent School Fund Raises Holdings in Seacor Holdings, Inc. (NYSE:CKH)

Texas Permanent School Fund increased its stake in Seacor Holdings, Inc. (NYSE:CKH) by 4.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,224 shares of the oil and gas company’s stock after buying an additional 445 shares during the quarter. Texas Permanent School Fund owned 0.06% of Seacor worth $415,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CKH. Victory Capital Management Inc. bought a new stake in shares of Seacor during the third quarter valued at approximately $500,000. American Century Companies Inc. acquired a new position in shares of Seacor during the third quarter valued at approximately $6,527,000. Dimensional Fund Advisors LP increased its stake in shares of Seacor by 0.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,533,656 shares of the oil and gas company’s stock valued at $75,778,000 after acquiring an additional 11,355 shares during the period. Royce & Associates LP increased its stake in shares of Seacor by 0.3% during the third quarter. Royce & Associates LP now owns 1,319,663 shares of the oil and gas company’s stock valued at $65,205,000 after acquiring an additional 3,878 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Seacor by 12.5% during the third quarter. Renaissance Technologies LLC now owns 1,101,500 shares of the oil and gas company’s stock valued at $54,425,000 after acquiring an additional 122,800 shares during the period. 92.96% of the stock is currently owned by institutional investors.

Shares of NYSE CKH traded up $0.14 during mid-day trading on Monday, reaching $42.94. 54,045 shares of the company traded hands, compared to its average volume of 72,086. Seacor Holdings, Inc. has a fifty-two week low of $34.63 and a fifty-two week high of $59.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.22 and a quick ratio of 3.18. The firm has a market capitalization of $791.58 million, a PE ratio of 23.72 and a beta of 0.76.

Seacor (NYSE:CKH) last posted its quarterly earnings data on Wednesday, February 27th. The oil and gas company reported $0.18 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.36). The company had revenue of $213.84 million for the quarter, compared to analyst estimates of $215.17 million. Seacor had a net margin of 6.96% and a return on equity of 3.02%. Sell-side analysts anticipate that Seacor Holdings, Inc. will post 1.84 earnings per share for the current fiscal year.

A number of research firms recently commented on CKH. Zacks Investment Research upgraded shares of Seacor from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Tuesday, January 8th. ValuEngine upgraded shares of Seacor from a “sell” rating to a “hold” rating in a research note on Friday, February 8th.

In other Seacor news, Vice Chairman Oivind Lorentzen sold 5,992 shares of Seacor stock in a transaction that occurred on Friday, March 29th. The shares were sold at an average price of $42.51, for a total value of $254,719.92. Following the transaction, the insider now owns 41,933 shares in the company, valued at $1,782,571.83. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 10.27% of the company’s stock.

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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.

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Institutional Ownership by Quarter for Seacor (NYSE:CKH)

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