Shares of SEACOR Holdings, Inc. (NYSE:CKH) have earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus target price of $40.00 for the company and are expecting that the company will post $0.40 EPS for the current quarter, according to Zacks. Zacks has also given SEACOR Holdings an industry rank of 169 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently weighed in on CKH shares. Zacks Investment Research raised shares of SEACOR Holdings from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Tuesday, August 29th. ValuEngine downgraded shares of SEACOR Holdings from a “hold” rating to a “sell” rating in a research note 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 note on Monday, August 7th.

In related news, Vice Chairman Oivind Lorentzen sold 53,208 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $36.37, for a total value of $1,935,174.96. Following the completion of the sale, the insider now owns 72,934 shares of the company’s stock, valued at $2,652,609.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.47% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. raised its position in shares of SEACOR Holdings by 42,596.9% in the first quarter. BlackRock Inc. now owns 2,024,259 shares of the oil and gas company’s stock valued at $140,058,000 after buying an additional 2,019,518 shares in the last quarter. Vanguard Group Inc. raised its position in shares of SEACOR Holdings by 3.2% in the second quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock valued at $51,177,000 after buying an additional 46,898 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of SEACOR Holdings by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,472,730 shares of the oil and gas company’s stock valued at $50,514,000 after buying an additional 14,835 shares in the last quarter. Royce & Associates LP raised its position in shares of SEACOR Holdings by 1.4% in the second quarter. Royce & Associates LP now owns 1,461,940 shares of the oil and gas company’s stock valued at $50,145,000 after buying an additional 20,000 shares in the last quarter. Finally, State Street Corp raised its position in shares of SEACOR Holdings by 8.3% in the second quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock valued at $17,371,000 after buying an additional 39,028 shares in the last quarter. 89.88% of the stock is owned by institutional investors and hedge funds.

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SEACOR Holdings (NYSE CKH) opened at 39.38 on Friday. The company’s market capitalization is $698.21 million. The firm has a 50-day moving average of $36.17 and a 200 day moving average of $52.01. SEACOR Holdings has a 12-month low of $31.90 and a 12-month high of $76.32.

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.

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