Shares of SEACOR Holdings, Inc. (NYSE:CKH) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus target price of $40.00 for the company and are expecting that the company will post $0.40 earnings per share for the current quarter, according to Zacks. Zacks has also assigned SEACOR Holdings an industry rank of 220 out of 265 based on the ratings given to its competitors.

Several brokerages recently issued reports on CKH. Zacks Investment Research upgraded shares of SEACOR Holdings from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Wednesday, April 26th. ValuEngine lowered shares of SEACOR Holdings from a “hold” rating to a “sell” rating in a research report on Friday, May 26th. Finally, Stifel Nicolaus set a $40.00 target price on shares of SEACOR Holdings and gave the company a “buy” rating in a research report on Monday.

In related news, Vice Chairman Oivind Lorentzen sold 3,866 shares of the business’s stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $64.57, for a total transaction of $249,627.62. Following the completion of the sale, the insider now directly owns 118,124 shares in the company, valued at $7,627,266.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 57,393 shares of company stock valued at $2,205,423 over the last 90 days. 10.47% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in CKH. State of Tennessee Treasury Department raised its stake in shares of SEACOR Holdings by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 15,559 shares of the oil and gas company’s stock valued at $1,077,000 after buying an additional 2,348 shares during the period. Virginia Retirement Systems ET AL acquired a new stake in shares of SEACOR Holdings during the first quarter valued at about $370,000. Ameriprise Financial Inc. raised its stake in shares of SEACOR Holdings by 4.5% in the first quarter. Ameriprise Financial Inc. now owns 87,300 shares of the oil and gas company’s stock valued at $6,041,000 after buying an additional 3,732 shares during the period. Karp Capital Management Corp acquired a new stake in shares of SEACOR Holdings during the first quarter valued at about $437,000. Finally, Eos Focused Equity Management L.P. acquired a new stake in shares of SEACOR Holdings during the first quarter valued at about $1,303,000. Institutional investors own 93.02% of the company’s stock.

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SEACOR Holdings (CKH) opened at 36.78 on Friday. SEACOR Holdings has a 52-week low of $31.90 and a 52-week high of $76.32. The company’s market capitalization is $645.45 million. The stock’s 50 day moving average is $34.44 and its 200-day moving average is $57.23.

SEACOR Holdings (NYSE:CKH) last announced its earnings results on Tuesday, May 9th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.64) by $0.88. The company had revenue of $190.45 million during the quarter, compared to analyst estimates of $206.36 million. SEACOR Holdings had a negative net margin of 22.34% and a negative return on equity of 12.20%. Analysts predict that SEACOR Holdings will post $0.42 EPS for the current fiscal year.

SEACOR Holdings 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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