Glenorchy Capital Ltd Takes Position in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Glenorchy Capital Ltd purchased a new stake in SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 152,320 shares of the company's stock, valued at approximately $1,470,000. Glenorchy Capital Ltd owned 0.55% of SEACOR Marine at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SMHI. Dimensional Fund Advisors LP increased its position in shares of SEACOR Marine by 13.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,255,337 shares of the company's stock valued at $16,934,000 after purchasing an additional 145,075 shares during the period. Vanguard Group Inc. increased its stake in shares of SEACOR Marine by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 1,284,917 shares of the company's stock valued at $17,912,000 after acquiring an additional 17,826 shares during the last quarter. American Century Companies Inc. grew its stake in SEACOR Marine by 16.7% in the second quarter. American Century Companies Inc. now owns 34,364 shares of the company's stock valued at $464,000 after acquiring an additional 4,912 shares during the period. Herr Investment Group LLC bought a new stake in shares of SEACOR Marine during the second quarter worth $3,337,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of SEACOR Marine by 13.9% during the second quarter. Bank of New York Mellon Corp now owns 76,009 shares of the company's stock worth $1,025,000 after buying an additional 9,263 shares in the last quarter. 59.05% of the stock is currently owned by institutional investors.

SEACOR Marine Stock Down 2.0 %

Shares of NYSE SMHI traded down $0.18 during mid-day trading on Friday, hitting $8.71. The company had a trading volume of 185,328 shares, compared to its average volume of 165,513. SEACOR Marine Holdings Inc. has a one year low of $8.38 and a one year high of $15.36. The company has a market capitalization of $240.40 million, a PE ratio of -10.37 and a beta of 1.27. The company has a current ratio of 1.83, a quick ratio of 1.79 and a debt-to-equity ratio of 0.82. The firm has a 50-day simple moving average of $10.16 and a two-hundred day simple moving average of $12.06.

SEACOR Marine (NYSE:SMHI - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.29). The business had revenue of $69.87 million during the quarter, compared to analyst estimates of $68.21 million. SEACOR Marine had a negative return on equity of 8.61% and a negative net margin of 10.92%. On average, equities analysts expect that SEACOR Marine Holdings Inc. will post -1.47 EPS for the current year.

SEACOR Marine 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.