Wilmington Savings Fund Society FSB Makes New Investment in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Wilmington Savings Fund Society FSB bought a new position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) during the 3rd quarter, Holdings Channel reports. The fund bought 38,567 shares of the company’s stock, valued at approximately $372,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Carlyle Group Inc. boosted 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 buying an additional 17,498 shares in the last quarter. Dimensional Fund Advisors LP boosted its position 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 worth $16,934,000 after purchasing an additional 145,075 shares in the last quarter. Geode Capital Management LLC grew its holdings in SEACOR Marine by 0.5% in the third quarter. Geode Capital Management LLC now owns 562,451 shares of the company’s stock valued at $5,428,000 after purchasing an additional 2,781 shares during the last quarter. State Street Corp grew its holdings in SEACOR Marine by 3.5% in the third quarter. State Street Corp now owns 520,029 shares of the company’s stock valued at $5,018,000 after purchasing an additional 17,460 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its position in shares of SEACOR Marine by 1,809.8% in 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 in the last quarter. 59.05% of the stock is owned by institutional investors and hedge funds.

SEACOR Marine Price Performance

SEACOR Marine stock opened at $6.23 on Tuesday. The firm has a market capitalization of $172.26 million, a PE ratio of -3.71 and a beta of 1.31. SEACOR Marine Holdings Inc. has a 52 week low of $6.02 and a 52 week high of $15.36. The firm’s 50-day simple moving average is $7.42 and its 200 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) last announced its quarterly earnings results on Wednesday, October 30th. The company reported ($0.59) earnings per share (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 analysts’ expectations of $77.63 million. On average, equities research analysts predict that SEACOR Marine Holdings Inc. will post -2.54 EPS 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.