SEACOR Marine Holdings Inc. (NYSE:SMHI) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 28.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,452 shares of the company’s stock after acquiring an additional 40,580 shares during the period. JPMorgan Chase & Co. owned 0.66% of SEACOR Marine worth $1,203,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. American Century Companies Inc. increased its holdings in shares of SEACOR Marine by 10.8% in the 4th quarter. American Century Companies Inc. now owns 47,181 shares of the company’s stock worth $310,000 after acquiring an additional 4,616 shares during the period. First Eagle Investment Management LLC increased its stake in shares of SEACOR Marine by 58.1% in the fourth quarter. First Eagle Investment Management LLC now owns 916,609 shares of the company’s stock valued at $6,013,000 after purchasing an additional 336,736 shares during the period. Raymond James Financial Inc. bought a new stake in shares of SEACOR Marine during the fourth quarter valued at approximately $164,000. Oppenheimer & Co. Inc. acquired a new position in shares of SEACOR Marine during the fourth quarter worth approximately $899,000. Finally, New York State Common Retirement Fund grew its holdings in SEACOR Marine by 26.0% in the 4th quarter. New York State Common Retirement Fund now owns 25,703 shares of the company’s stock worth $169,000 after buying an additional 5,300 shares in the last quarter. 59.05% of the stock is owned by institutional investors.

SEACOR Marine Stock Down 2.4 %

SMHI opened at $4.90 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.63 and a quick ratio of 1.59. SEACOR Marine Holdings Inc. has a 12 month low of $3.63 and a 12 month high of $15.36. The stock’s 50 day moving average price is $5.09 and its 200 day moving average price is $6.34. The stock has a market cap of $135.58 million, a P/E ratio of -2.92 and a beta of 0.95.

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.