Seacor (CKH) Upgraded at ValuEngine

ValuEngine upgraded shares of Seacor (NYSE:CKH) from a sell rating to a hold rating in a research note published on Friday morning.

A number of other research analysts have also recently weighed in on the company. TheStreet cut Seacor from a b- rating to a c+ rating in a research report on Friday, December 7th. Zacks Investment Research raised Seacor from a hold rating to a buy rating and set a $46.00 price objective on the stock in a research report on Thursday, January 31st.

CKH stock opened at $43.10 on Friday. Seacor has a twelve month low of $34.63 and a twelve month high of $59.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.05 and a current ratio of 2.07. The stock has a market cap of $769.29 million, a PE ratio of 33.41 and a beta of 0.76.

A number of hedge funds and other institutional investors have recently bought and sold shares of CKH. Public Employees Retirement System of Ohio lifted its holdings in Seacor by 170.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,098 shares of the oil and gas company’s stock worth $292,000 after purchasing an additional 3,214 shares in the last quarter. Northern Trust Corp lifted its holdings in Seacor by 7.7% in the 2nd quarter. Northern Trust Corp now owns 360,608 shares of the oil and gas company’s stock worth $20,653,000 after purchasing an additional 25,803 shares in the last quarter. Bank of Montreal Can lifted its holdings in Seacor by 22.5% in the 3rd quarter. Bank of Montreal Can now owns 34,938 shares of the oil and gas company’s stock worth $1,725,000 after purchasing an additional 6,409 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Seacor by 100.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 24,602 shares of the oil and gas company’s stock worth $1,313,000 after purchasing an additional 12,301 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Seacor by 41.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 57,499 shares of the oil and gas company’s stock worth $2,841,000 after purchasing an additional 16,972 shares in the last quarter. 92.77% of the stock is currently owned by institutional investors.

About Seacor

SEACOR Holdings Inc, a diversified holding company, engages in transportation, and logistics and risk management consultancy businesses in the United States and internationally. The company's Ocean Transportation & Logistics Services segment owns and operates a diversified fleet of marine transportation, and towing and bunkering assets.

See Also: How to interpret the current ratio

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Seacor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seacor and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply