SEACOR Marine Holdings Inc. (NYSE:SMHI) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP reduced its stake in SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 96.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,041 shares of the company's stock after selling 1,036,652 shares during the quarter. Wellington Management Group LLP owned 0.14% of SEACOR Marine worth $256,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SMHI. Valeo Financial Advisors LLC acquired a new position in SEACOR Marine during the 4th quarter worth approximately $66,000. SG Americas Securities LLC acquired a new stake in SEACOR Marine in the fourth quarter valued at $78,000. Raymond James Financial Inc. purchased a new stake in shares of SEACOR Marine during the 4th quarter worth $164,000. New York State Common Retirement Fund grew its stake in shares of SEACOR Marine by 26.0% during the 4th quarter. New York State Common Retirement Fund now owns 25,703 shares of the company's stock worth $169,000 after purchasing an additional 5,300 shares during the period. Finally, American Century Companies Inc. increased 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 purchasing an additional 4,616 shares in the last quarter. Hedge funds and other institutional investors own 59.05% of the company's stock.

SEACOR Marine Price Performance

Shares of NYSE SMHI traded up $0.34 during midday trading on Friday, hitting $4.63. The company had a trading volume of 148,067 shares, compared to its average volume of 181,886. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.84. The business has a 50-day simple moving average of $5.34 and a two-hundred day simple moving average of $6.58. SEACOR Marine Holdings Inc. has a twelve month low of $3.63 and a twelve month high of $15.36. The firm has a market capitalization of $127.97 million, a price-to-earnings ratio of -2.75 and a beta of 0.95.

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.