Newtyn Management adds Seacor Holdings (CKH) to its portfolio

Seacor Holdings (CKH) : Newtyn Management added new position in Seacor Holdings during the most recent quarter end. The investment management firm now holds 1,500,000 shares of Seacor Holdings which is valued at $81,375,000 , the company said in a statement filed on Aug 15, 2016 with the SEC.Seacor Holdings makes up approximately 8.79% of Newtyn Management’s portfolio.

Other Hedge Funds, Including , Teachers Retirement System Of The State Of Kentucky reduced its stake in CKH by selling 2,000 shares or 30.3% in the most recent quarter. The Hedge Fund company now holds 4,600 shares of CKH which is valued at $249,550.Riverhead Capital Management boosted its stake in CKH in the latest quarter, The investment management firm added 210,459 additional shares and now holds a total of 213,984 shares of Seacor Holdings which is valued at $11,608,632. Seacor Holdings makes up approx 0.19% of Riverhead Capital Management’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in CKH by selling 8,987 shares or 2.1% in the most recent quarter. The Hedge Fund company now holds 419,965 shares of CKH which is valued at $22,783,101.Blackrock Advisors reduced its stake in CKH by selling 233 shares or 2.87% in the most recent quarter. The Hedge Fund company now holds 7,895 shares of CKH which is valued at $428,304.New York State Common Retirement Fund reduced its stake in CKH by selling 1,800 shares or 9.52% in the most recent quarter. The Hedge Fund company now holds 17,100 shares of CKH which is valued at $927,675.

Seacor Holdings closed down -0.21 points or -0.36% at $58.57 with 82,699 shares getting traded on Thursday. Post opening the session at $58.58, the shares hit an intraday low of $57.64 and an intraday high of $59.14 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.

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