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

Wellington Management Group LLP trimmed its holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 19.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,075,693 shares of the company’s stock after selling 252,160 shares during the quarter. Wellington Management Group LLP owned approximately 3.89% of SEACOR Marine worth $10,380,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quantbot Technologies LP acquired a new position in SEACOR Marine in the third quarter valued at $72,000. Sanctuary Advisors LLC purchased a new position in shares of SEACOR Marine during the second quarter worth about $127,000. Capricorn Fund Managers Ltd purchased a new position in shares of SEACOR Marine during the third quarter worth about $253,000. American Century Companies Inc. increased its position in SEACOR Marine by 16.7% in the 2nd quarter. American Century Companies Inc. now owns 34,364 shares of the company’s stock valued at $464,000 after acquiring an additional 4,912 shares during the period. Finally, Rhumbline Advisers raised its stake in SEACOR Marine by 18.0% during the 2nd quarter. Rhumbline Advisers now owns 38,630 shares of the company’s stock valued at $521,000 after acquiring an additional 5,880 shares during the last quarter. Hedge funds and other institutional investors own 59.05% of the company’s stock.

SEACOR Marine Trading Down 3.2 %

Shares of SMHI stock opened at $6.36 on Monday. The company has a market capitalization of $175.85 million, a P/E ratio of -3.79 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. The business’s 50 day moving average is $7.49 and its two-hundred day moving average is $10.37. SEACOR Marine Holdings Inc. has a twelve month low of $6.02 and a twelve month high of $15.36.

SEACOR Marine (NYSE:SMHI) last posted its quarterly earnings data on Wednesday, October 30th. The company reported ($0.59) earnings per share for the quarter. The firm had revenue of $68.92 million during the quarter, compared to analysts’ expectations of $77.63 million. SEACOR Marine had a negative net margin of 16.81% and a negative return on equity of 13.32%. Equities 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.