Cerity Partners LLC Purchases 171,871 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

Cerity Partners LLC raised its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 98.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 345,732 shares of the company's stock after buying an additional 171,871 shares during the period. Cerity Partners LLC owned about 1.25% of SEACOR Marine worth $3,336,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SMHI. Carlyle Group Inc. raised its stake in shares of SEACOR Marine by 1.3% during the third quarter. Carlyle Group Inc. now owns 1,331,662 shares of the company's stock valued at $12,851,000 after acquiring an additional 17,498 shares during the last quarter. Empowered Funds LLC raised its position in SEACOR Marine by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 86,909 shares of the company's stock valued at $839,000 after purchasing an additional 4,422 shares during the last quarter. Glenorchy Capital Ltd purchased a new stake in SEACOR Marine in the 3rd quarter worth approximately $1,470,000. Capricorn Fund Managers Ltd purchased a new stake in SEACOR Marine in the 3rd quarter worth approximately $253,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of SEACOR Marine in the 2nd quarter worth approximately $127,000. Institutional investors own 59.05% of the company's stock.

SEACOR Marine Trading Up 0.7 %

Shares of SEACOR Marine stock traded up $0.05 during midday trading on Friday, reaching $6.87. 62,478 shares of the company's stock traded hands, compared to its average volume of 180,378. The stock has a 50 day moving average of $8.12 and a 200-day moving average of $10.89. SEACOR Marine Holdings Inc. has a 12 month low of $6.02 and a 12 month high of $15.36. The company has a market cap of $189.96 million, a PE ratio of -4.09 and a beta of 1.31. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 1.63.

SEACOR Marine (NYSE:SMHI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported ($0.59) EPS for the quarter. The company had revenue of $68.92 million during the quarter, compared to the consensus estimate of $77.63 million. SEACOR Marine had a negative return on equity of 13.32% and a negative net margin of 16.81%. As a group, equities analysts expect that SEACOR Marine Holdings Inc. will post -2.54 EPS for the current fiscal year.

SEACOR Marine Company Profile

SEACOR Marine Holdings Inc provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services.