Robotti Robert reduced its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 19.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 542,150 shares of the company's stock after selling 126,970 shares during the period. Robotti Robert owned about 1.96% of SEACOR Marine worth $3,557,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of SMHI. First Eagle Investment Management LLC lifted its holdings in SEACOR Marine by 58.1% during the 4th quarter. First Eagle Investment Management LLC now owns 916,609 shares of the company's stock worth $6,013,000 after purchasing an additional 336,736 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of SEACOR Marine by 98.9% in the third quarter. Cerity Partners LLC now owns 345,732 shares of the company's stock worth $3,336,000 after buying an additional 171,871 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of SEACOR Marine in the fourth quarter valued at approximately $899,000. JPMorgan Chase & Co. grew its stake in SEACOR Marine by 28.4% during the fourth quarter. JPMorgan Chase & Co. now owns 183,452 shares of the company's stock valued at $1,203,000 after acquiring an additional 40,580 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in SEACOR Marine during the 3rd quarter worth approximately $372,000. Hedge funds and other institutional investors own 59.05% of the company's stock.
SEACOR Marine Price Performance
NYSE:SMHI traded down $0.17 during trading hours on Monday, hitting $5.00. The stock had a trading volume of 89,325 shares, compared to its average volume of 182,191. The firm has a market capitalization of $138.46 million, a price-to-earnings ratio of -2.96 and a beta of 1.22. SEACOR Marine Holdings Inc. has a one year low of $4.75 and a one year high of $15.36. The company has a 50 day simple moving average of $6.07 and a two-hundred day simple moving average of $7.10. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.63 and a quick ratio of 1.59.
About SEACOR Marine
(
Free Report)
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.
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