GSA Capital Partners LLP Sells 3,953 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

GSA Capital Partners LLP decreased its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 8.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 42,283 shares of the company’s stock after selling 3,953 shares during the quarter. GSA Capital Partners LLP’s holdings in SEACOR Marine were worth $408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in SMHI. First Eagle Investment Management LLC grew its holdings in shares of SEACOR Marine by 1,809.8% during 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. Herr Investment Group LLC acquired a new stake in shares of SEACOR Marine during the 2nd quarter worth $3,337,000. Glenorchy Capital Ltd acquired a new stake in shares of SEACOR Marine during the 3rd quarter worth $1,470,000. Dimensional Fund Advisors LP grew its holdings 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 worth $16,934,000 after purchasing an additional 145,075 shares in the last quarter. Finally, Capricorn Fund Managers Ltd acquired a new stake in shares of SEACOR Marine during the 3rd quarter worth $253,000. Institutional investors own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

Shares of SMHI stock opened at $6.86 on Friday. The business’s 50-day moving average price is $8.50 and its 200-day moving average price is $11.13. SEACOR Marine Holdings Inc. has a 12 month low of $6.02 and a 12 month high of $15.36. The firm has a market capitalization of $189.68 million, a price-to-earnings ratio of -4.08 and a beta of 1.31. The company has a current ratio of 1.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84.

SEACOR Marine (NYSE:SMHI) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $77.63 million. Equities research analysts forecast that SEACOR Marine Holdings Inc. will post -2.54 EPS for the current 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.