SEACOR Marine Holdings Inc. (NYSE:SMHI) Shares Bought by Cerity Partners LLC

Cerity Partners LLC raised its holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 355.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 174,703 shares of the company’s stock after acquiring an additional 136,331 shares during the quarter. Cerity Partners LLC’s holdings in SEACOR Marine were worth $2,200,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMHI. BlackRock Inc. lifted its holdings in SEACOR Marine by 257.0% in the second quarter. BlackRock Inc. now owns 1,526,425 shares of the company’s stock valued at $17,447,000 after acquiring an additional 1,098,854 shares during the period. State Street Corp raised its stake in shares of SEACOR Marine by 426.7% during the 2nd quarter. State Street Corp now owns 452,200 shares of the company’s stock worth $5,169,000 after buying an additional 366,338 shares during the last quarter. Invesco Ltd. acquired a new position in shares of SEACOR Marine during the 3rd quarter worth $4,769,000. Geode Capital Management LLC raised its stake in shares of SEACOR Marine by 124.7% during the 2nd quarter. Geode Capital Management LLC now owns 456,153 shares of the company’s stock worth $5,214,000 after buying an additional 253,181 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of SEACOR Marine by 21.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,040,787 shares of the company’s stock worth $5,849,000 after buying an additional 185,107 shares during the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

NYSE:SMHI opened at $12.45 on Friday. The company has a quick ratio of 2.12, a current ratio of 2.14 and a debt-to-equity ratio of 0.77. SEACOR Marine Holdings Inc. has a 52-week low of $7.51 and a 52-week high of $15.24. The stock has a fifty day simple moving average of $12.49 and a 200-day simple moving average of $12.32.

SEACOR Marine (NYSE:SMHI) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.49) by $0.69. The business had revenue of $73.08 million during the quarter, compared to the consensus estimate of $63.55 million. SEACOR Marine had a negative return on equity of 2.52% and a negative net margin of 3.38%. Equities research analysts predict that SEACOR Marine Holdings Inc. will post -0.7 earnings per share for the current year.

About SEACOR Marine

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.