First Eagle Investment Management LLC Buys 336,736 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

First Eagle Investment Management LLC increased its stake in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 58.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 916,609 shares of the company’s stock after purchasing an additional 336,736 shares during the quarter. First Eagle Investment Management LLC owned approximately 3.32% of SEACOR Marine worth $6,013,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Geode Capital Management LLC raised its holdings in SEACOR Marine by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 562,451 shares of the company’s stock worth $5,428,000 after purchasing an additional 2,781 shares during the period. Empowered Funds LLC raised its holdings in SEACOR Marine by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 86,909 shares of the company’s stock worth $839,000 after purchasing an additional 4,422 shares during the period. New York State Common Retirement Fund raised its holdings in SEACOR Marine by 26.0% during the fourth quarter. New York State Common Retirement Fund now owns 25,703 shares of the company’s stock valued at $169,000 after acquiring an additional 5,300 shares during the period. Quantbot Technologies LP bought a new stake in SEACOR Marine during the third quarter valued at about $72,000. Finally, De Lisle Partners LLP raised its holdings in SEACOR Marine by 10.8% during the third quarter. De Lisle Partners LLP now owns 102,490 shares of the company’s stock valued at $992,000 after acquiring an additional 10,000 shares during the period. 59.05% of the stock is owned by institutional investors.

SEACOR Marine Price Performance

NYSE:SMHI opened at $5.13 on Friday. 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’s 50-day simple moving average is $6.38 and its two-hundred day simple moving average is $7.49. The stock has a market cap of $142.02 million, a PE ratio of -3.06 and a beta of 1.22. SEACOR Marine Holdings Inc. has a 52 week low of $4.75 and a 52 week high of $15.36.

SEACOR Marine Company 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.