SEACOR Holdings, Inc. (NYSE:CKH) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a note issued to investors on Monday. They presently have a $53.00 target price on the oil and gas company’s stock, up from their prior target price of $40.00. Stifel Nicolaus’ price target would suggest a potential upside of 8.08% from the stock’s previous close.

A number of other analysts have also recently commented on the stock. Credit Suisse Group upped their price target on shares of SEACOR Holdings from $36.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. Zacks Investment Research cut shares of SEACOR Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th.

Shares of SEACOR Holdings (NYSE:CKH) opened at $49.04 on Monday. The company has a quick ratio of 2.07, a current ratio of 2.09 and a debt-to-equity ratio of 0.89. SEACOR Holdings has a one year low of $31.90 and a one year high of $76.32.

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In other SEACOR Holdings news, COO Eric Fabrikant sold 4,988 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $50.74, for a total transaction of $253,091.12. Following the completion of the sale, the chief operating officer now directly owns 48,747 shares of the company’s stock, valued at $2,473,422.78. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Charles Fabrikant sold 54,901 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $50.37, for a total transaction of $2,765,363.37. Following the transaction, the insider now owns 488,834 shares in the company, valued at approximately $24,622,568.58. The disclosure for this sale can be found here. In the last quarter, insiders have sold 75,659 shares of company stock worth $3,815,367. Company insiders own 10.47% of the company’s stock.

Several large investors have recently modified their holdings of CKH. BlackRock Inc. lifted its stake in SEACOR Holdings by 42,596.9% during the first quarter. BlackRock Inc. now owns 2,024,259 shares of the oil and gas company’s stock worth $140,058,000 after purchasing an additional 2,019,518 shares during the last quarter. Vanguard Group Inc. grew its holdings in SEACOR Holdings by 3.2% during the second quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock worth $51,177,000 after acquiring an additional 46,898 shares during the period. Dimensional Fund Advisors LP grew its holdings in SEACOR Holdings by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,472,730 shares of the oil and gas company’s stock worth $50,514,000 after acquiring an additional 14,835 shares during the period. Royce & Associates LP boosted its position in SEACOR Holdings by 1.4% during the second quarter. Royce & Associates LP now owns 1,461,940 shares of the oil and gas company’s stock worth $50,145,000 after purchasing an additional 20,000 shares in the last quarter. Finally, State Street Corp boosted its position in SEACOR Holdings by 8.3% during the second quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock worth $17,371,000 after purchasing an additional 39,028 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

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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