Trexquant Investment LP boosted its holdings in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 464.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,146 shares of the company's stock after acquiring an additional 65,121 shares during the quarter. Trexquant Investment LP owned about 0.29% of SEACOR Marine worth $519,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMHI. Valeo Financial Advisors LLC acquired a new position in shares of SEACOR Marine in the 4th quarter worth approximately $66,000. SG Americas Securities LLC acquired a new position in SEACOR Marine during the fourth quarter worth $78,000. Raymond James Financial Inc. purchased a new position in shares of SEACOR Marine during the fourth quarter worth $164,000. New York State Common Retirement Fund grew its stake in shares of SEACOR Marine by 26.0% in the fourth quarter. New York State Common Retirement Fund now owns 25,703 shares of the company's stock valued at $169,000 after buying an additional 5,300 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of SEACOR Marine by 10.8% in the 4th quarter. American Century Companies Inc. now owns 47,181 shares of the company's stock valued at $310,000 after buying an additional 4,616 shares during the period. Hedge funds and other institutional investors own 59.05% of the company's stock.
SEACOR Marine Stock Performance
Shares of SEACOR Marine stock opened at $4.50 on Friday. The stock has a market capitalization of $124.37 million, a price-to-earnings ratio of -2.68 and a beta of 0.95. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.63 and a quick ratio of 1.59. The business has a 50-day moving average of $5.53 and a 200 day moving average of $6.70. SEACOR Marine Holdings Inc. has a 12 month low of $3.63 and a 12 month high of $15.36.
SEACOR Marine Profile
(
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.
See Also
Want to see what other hedge funds are holding SMHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider SEACOR Marine, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEACOR Marine wasn't on the list.
While SEACOR Marine currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
