Oppenheimer Close Lowers stake in Seacor Holdings (CKH)

Seacor Holdings (CKH) : Oppenheimer Close reduced its stake in Seacor Holdings by 0.26% during the most recent quarter end. The investment management company now holds a total of 164,084 shares of Seacor Holdings which is valued at $8,901,557 after selling 430 shares in Seacor Holdings , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Seacor Holdings makes up approximately 8.08% of Oppenheimer Close’s portfolio.

Other Hedge Funds, Including , Geode Capital Management reduced its stake in CKH by selling 4,556 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 113,817 shares of CKH which is valued at $6,174,572.Donald Smith reduced its stake in CKH by selling 14 shares or 0.01% in the most recent quarter. The Hedge Fund company now holds 161,271 shares of CKH which is valued at $8,748,952. Seacor Holdings makes up approx 0.22% of Donald Smith’s portfolio. Simplex Trading sold out all of its stake in CKH during the most recent quarter. The investment firm sold 9,080 shares of CKH which is valued $508,298.

Seacor Holdings opened for trading at $59.63 and hit $59.63 on the upside on Monday, eventually ending the session at $59.37, with a gain of 0.12% or 0.07 points. The heightened volatility saw the trading volume jump to 45,610 shares. Company has a market cap of $1,028 M.

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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