Wellington Management Group LLP Has $10.38 Million Stock Holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Wellington Management Group LLP decreased its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 19.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,075,693 shares of the company's stock after selling 252,160 shares during the period. Wellington Management Group LLP owned approximately 3.89% of SEACOR Marine worth $10,380,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Carlyle Group Inc. grew its holdings in SEACOR Marine by 1.3% during the third quarter. Carlyle Group Inc. now owns 1,331,662 shares of the company's stock worth $12,851,000 after acquiring an additional 17,498 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of SEACOR Marine by 13.1% during the 2nd 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 in the last quarter. State Street Corp grew its stake in shares of SEACOR Marine by 3.5% in the 3rd quarter. State Street Corp now owns 520,029 shares of the company's stock worth $5,018,000 after purchasing an additional 17,460 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in shares of SEACOR Marine by 1,809.8% in the 2nd quarter. First Eagle Investment Management LLC now owns 477,440 shares of the company's stock worth $6,441,000 after purchasing an additional 452,440 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in SEACOR Marine by 98.9% during the third quarter. Cerity Partners LLC now owns 345,732 shares of the company's stock valued at $3,336,000 after purchasing an additional 171,871 shares during the last quarter. 59.05% of the stock is currently owned by institutional investors.

SEACOR Marine Price Performance

NYSE:SMHI traded down $0.13 during trading hours on Monday, reaching $6.23. 160,127 shares of the company's stock were exchanged, compared to its average volume of 183,188. The company has a market capitalization of $172.26 million, a P/E ratio of -3.71 and a beta of 1.31. SEACOR Marine Holdings Inc. has a 12 month low of $6.02 and a 12 month high of $15.36. The business's 50-day simple moving average is $7.42 and its two-hundred day simple moving average is $10.32. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.84.

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

About SEACOR Marine

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.