SEACOR Holdings, Inc. (NYSE:CKH) has been assigned a $40.00 price target by equities research analysts at Stifel Nicolaus in a research note issued on Monday. The firm presently has a “buy” rating on the oil and gas company’s stock. Stifel Nicolaus’ price target suggests a potential upside of 8.78% from the company’s previous close.

Several other brokerages also recently issued reports on CKH. Zacks Investment Research raised SEACOR Holdings from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a research note on Wednesday, April 26th. ValuEngine downgraded SEACOR Holdings from a “hold” rating to a “sell” rating in a research note on Friday, May 26th.

Shares of SEACOR Holdings (CKH) traded up 1.58% on Monday, hitting $37.35. The stock had a trading volume of 39,166 shares. SEACOR Holdings has a 52 week low of $31.90 and a 52 week high of $76.32. The stock’s market capitalization is $655.46 million. The firm has a 50-day moving average price of $34.46 and a 200-day moving average price of $57.71.

SEACOR Holdings (NYSE:CKH) last issued 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 for the quarter, compared to the consensus estimate of $206.36 million. SEACOR Holdings had a negative return on equity of 10.82% and a negative net margin of 22.34%. Equities analysts expect that SEACOR Holdings will post $0.42 earnings per share for the current fiscal year.

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In related news, Vice Chairman Oivind Lorentzen sold 3,866 shares of SEACOR Holdings stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $64.57, for a total transaction of $249,627.62. Following the sale, the insider now owns 118,124 shares of the company’s stock, valued at approximately $7,627,266.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 57,393 shares of company stock worth $2,205,423 in the last three months. 10.47% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in CKH. KBC Group NV purchased a new position in SEACOR Holdings during the second quarter valued at $291,000. BNP Paribas Arbitrage SA boosted its position 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 valued at $175,000 after buying an additional 1,594 shares in the last quarter. Legal & General Group Plc boosted its position in SEACOR Holdings by 10.6% in the second quarter. Legal & General Group Plc now owns 32,234 shares of the oil and gas company’s stock valued at $1,105,000 after buying an additional 3,093 shares in the last quarter. Convergence Investment Partners LLC purchased a new position in SEACOR Holdings during the second quarter valued at $466,000. Finally, Rhumbline Advisers boosted its position in SEACOR Holdings by 1.3% in the second quarter. Rhumbline Advisers now owns 38,051 shares of the oil and gas company’s stock valued at $1,305,000 after buying an additional 477 shares in the last quarter. Institutional investors and hedge funds own 93.02% of the company’s stock.

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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