OppenheimerFunds Inc. raised its stake in shares of SEACOR Holdings, Inc. (NYSE:CKH) by 28.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,154 shares of the oil and gas company’s stock after buying an additional 2,241 shares during the period. OppenheimerFunds Inc. owned 0.06% of SEACOR Holdings worth $703,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. State of Alaska Department of Revenue boosted its position in shares of SEACOR Holdings by 2.9% in the first quarter. State of Alaska Department of Revenue now owns 1,790 shares of the oil and gas company’s stock valued at $123,000 after buying an additional 50 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of SEACOR Holdings by 1.7% in the first quarter. Municipal Employees Retirement System of Michigan now owns 3,680 shares of the oil and gas company’s stock valued at $255,000 after buying an additional 60 shares in the last quarter. Perennial Advisors LLC boosted its position in shares of SEACOR Holdings by 2.0% in the first quarter. Perennial Advisors LLC now owns 4,284 shares of the oil and gas company’s stock valued at $296,000 after buying an additional 85 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of SEACOR Holdings by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the oil and gas company’s stock valued at $457,000 after buying an additional 100 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in shares of SEACOR Holdings by 1.2% in the first quarter. Arizona State Retirement System now owns 8,416 shares of the oil and gas company’s stock valued at $582,000 after buying an additional 100 shares in the last quarter. 94.03% of the stock is owned by institutional investors.

Shares of SEACOR Holdings, Inc. (CKH) opened at 35.99 on Friday. The stock’s market capitalization is $631.59 million. The stock’s 50 day moving average is $35.55 and its 200 day moving average is $60.07. SEACOR Holdings, Inc. has a 52-week low of $31.90 and a 52-week high of $76.32.

SEACOR Holdings (NYSE:CKH) last released its quarterly earnings data on Tuesday, May 9th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.64) by $0.88. SEACOR Holdings had a negative net margin of 22.86% and a negative return on equity of 14.72%. The company had revenue of $190.45 million during the quarter, compared to analyst estimates of $206.36 million. Equities research analysts expect that SEACOR Holdings, Inc. will post $0.42 earnings per share for the current fiscal year.

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Several equities analysts have commented on the stock. Stifel Nicolaus raised their price target on shares of SEACOR Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, March 30th. Zacks Investment Research cut shares of SEACOR Holdings from a “buy” rating to a “hold” rating in a research report on Friday, May 12th. Finally, ValuEngine cut shares of SEACOR Holdings from a “hold” rating to a “sell” rating in a research report on Friday, May 26th.

In related news, Vice Chairman Oivind Lorentzen sold 53,208 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $36.37, for a total transaction of $1,935,174.96. Following the completion of the sale, the insider now directly owns 72,934 shares of the company’s stock, valued at approximately $2,652,609.58. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders have sold 57,393 shares of company stock valued at $2,205,423. Company insiders own 13.37% of the company’s stock.

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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