Eos Focused Equity Management L.P. Has $871,000 Holdings in SEACOR Holdings, Inc. (CKH)

Eos Focused Equity Management L.P. trimmed its stake in SEACOR Holdings, Inc. (NYSE:CKH) by 57.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,894 shares of the oil and gas company’s stock after selling 25,257 shares during the quarter. SEACOR Holdings accounts for 1.3% of Eos Focused Equity Management L.P.’s portfolio, making the stock its 25th biggest holding. Eos Focused Equity Management L.P. owned about 0.11% of SEACOR Holdings worth $871,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in SEACOR Holdings in the third quarter worth $111,000. State of Alaska Department of Revenue boosted its holdings in SEACOR Holdings by 80.2% in the second quarter. State of Alaska Department of Revenue now owns 3,226 shares of the oil and gas company’s stock worth $110,000 after acquiring an additional 1,436 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in 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 acquiring an additional 120 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in SEACOR Holdings by 45.3% in the second quarter. BNP Paribas Arbitrage SA now owns 5,114 shares of the oil and gas company’s stock worth $175,000 after acquiring an additional 1,594 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in SEACOR Holdings in the third quarter worth $241,000. 89.15% of the stock is currently owned by institutional investors and hedge funds.

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In related news, Vice Chairman Oivind Lorentzen sold 20,000 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $50.15, for a total transaction of $1,003,000.00. Following the completion of the sale, the insider now owns 41,175 shares in the company, valued at $2,064,926.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Eric Fabrikant sold 4,988 shares of the company’s stock in a transaction 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 owns 48,747 shares of the company’s stock, valued at approximately $2,473,422.78. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 116,459 shares of company stock worth $5,846,567. Corporate insiders own 10.47% of the company’s stock.

CKH has been the topic of several analyst reports. Zacks Investment Research raised SEACOR Holdings from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Tuesday, August 29th. Stifel Nicolaus set a $40.00 price target on SEACOR Holdings and gave the company a “buy” rating in a report on Monday, August 7th. TheStreet raised SEACOR Holdings from a “d+” rating to a “c-” rating in a report on Tuesday, November 7th. Finally, Credit Suisse Group upped their price target on SEACOR Holdings from $36.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $50.33.

SEACOR Holdings, Inc. (CKH) opened at $48.11 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.07 and a current ratio of 2.09. SEACOR Holdings, Inc. has a 1-year low of $28.87 and a 1-year high of $51.59.

About SEACOR Holdings

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)

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