Oppenheimer Close Lowers stake in Seacor Holdings (CKH)

Seacor Holdings (CKH) : Oppenheimer Close reduced its stake in Seacor Holdings by 4.63% during the most recent quarter end. The investment management company now holds a total of 164,514 shares of Seacor Holdings which is valued at $8.9 Million after selling 7,985 shares in Seacor Holdings , the firm said in a disclosure report filed with the SEC on May 12, 2016.Seacor Holdings makes up approximately 8.08% of Oppenheimer Close’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in CKH in the latest quarter, The investment management firm added 3,400 additional shares and now holds a total of 11,699 shares of Seacor Holdings which is valued at $631,161.Norges Bank reduced its stake in CKH by selling 51,423 shares or 28.39% in the most recent quarter. The Hedge Fund company now holds 129,706 shares of CKH which is valued at $7 Million.California Public Employees Retirement System boosted its stake in CKH in the latest quarter, The investment management firm added 5,200 additional shares and now holds a total of 87,718 shares of Seacor Holdings which is valued at $4.9 Million. Seacor Holdings makes up approx 0.01% of California Public Employees Retirement System’s portfolio. Checchi Capital Advisers added CKH to its portfolio by purchasing 292 company shares during the most recent quarter which is valued at $16,370.

Seacor Holdings opened for trading at $54.88 and hit $56.245 on the upside on Friday, eventually ending the session at $56.2, with a gain of 2.57% or 1.41 points. The heightened volatility saw the trading volume jump to 1,10,261 shares. Company has a market cap of $973 M.

SEACOR Holdings Inc. (SEACOR) is engaged in owning operating investing in and marketing equipment primarily in the offshore oil and gas shipping and logistics industries. The Company operates through four business segments: Offshore Marine Services Inland River Services Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration development and production facilities. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products. Shipping Services segment operates a fleet of United States flag marine transportation related assets. Illinois Corn Processing segment produces alcohol used in the food beverage industrial and petrochemical end-markets. It also offers emergency and crisis services agricultural commodity trading and logistics lending and leasing activities.

Leave a Reply

Seacor Holdings - Is it time to Sell?

Top Brokerage Firms are advising their investors on Seacor Holdings. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.