Quantbot Technologies LP Acquires Shares of 7,416 SEACOR Marine Holdings Inc. (NYSE:SMHI)

Quantbot Technologies LP acquired a new stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) in the third quarter, HoldingsChannel reports. The firm acquired 7,416 shares of the company’s stock, valued at approximately $72,000.

Other large investors have also recently made changes to their positions in the company. First Eagle Investment Management LLC boosted its stake in SEACOR Marine by 1,809.8% during the second quarter. First Eagle Investment Management LLC now owns 477,440 shares of the company’s stock valued at $6,441,000 after buying an additional 452,440 shares during the last quarter. Herr Investment Group LLC bought a new position in shares of SEACOR Marine during the 2nd quarter valued at approximately $3,337,000. Cerity Partners LLC boosted its position in shares of SEACOR Marine by 98.9% during the 3rd quarter. Cerity Partners LLC now owns 345,732 shares of the company’s stock valued at $3,336,000 after acquiring an additional 171,871 shares during the last quarter. Glenorchy Capital Ltd bought a new stake in SEACOR Marine in the third quarter worth $1,470,000. Finally, Dimensional Fund Advisors LP raised its stake in 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 in the last quarter. 59.05% of the stock is owned by institutional investors.

SEACOR Marine Price Performance

SMHI stock opened at $6.20 on Friday. SEACOR Marine Holdings Inc. has a 52 week low of $6.02 and a 52 week high of $15.36. The firm has a market capitalization of $171.43 million, a P/E ratio of -3.69 and a beta of 1.31. The company has a fifty day simple moving average of $7.81 and a two-hundred day simple moving average of $10.66. 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) last announced its quarterly earnings results on Wednesday, October 30th. The company reported ($0.59) EPS for the quarter. SEACOR Marine had a negative net margin of 16.81% and a negative return on equity of 13.32%. The business had revenue of $68.92 million during the quarter, compared to the consensus estimate of $77.63 million. Analysts anticipate that SEACOR Marine Holdings Inc. will post -2.54 earnings per share for the current fiscal 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.