Seacor Holdings (CKH) : Foundation Resource Management Inc reduced its stake in Seacor Holdings by 0.23% during the most recent quarter end. The investment management company now holds a total of 216,937 shares of Seacor Holdings which is valued at $13,217,971 after selling 500 shares in Seacor Holdings , the firm said in a disclosure report filed with the SEC on Oct 5, 2016.Seacor Holdings makes up approximately 2.38% of Foundation Resource Management Inc’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa reduced its stake in CKH by selling 5,927 shares or 62.47% in the most recent quarter. The Hedge Fund company now holds 3,561 shares of CKH which is valued at $216,972.
Seacor Holdings closed down -0.38 points or -0.64% at $59.32 with 58,989 shares getting traded on Tuesday. Post opening the session at $59.93, the shares hit an intraday low of $59.02 and an intraday high of $60.2 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
Many Wall Street Analysts have commented on Seacor Holdings. Stifel Initiated Seacor Holdings on Aug 24, 2016 to “Buy”, Price Target of the shares are set at $70.
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.