SEACOR Marine Holdings Inc. (NYSE:SMHI) Holdings Trimmed by Flat Footed LLC

Flat Footed LLC reduced its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 77.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,678 shares of the company’s stock after selling 422,454 shares during the quarter. SEACOR Marine accounts for 0.2% of Flat Footed LLC’s investment portfolio, making the stock its 8th biggest holding. Flat Footed LLC owned about 0.45% of SEACOR Marine worth $818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN boosted its stake in shares of SEACOR Marine by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 14,314 shares of the company’s stock valued at $94,000 after buying an additional 3,118 shares during the period. Empowered Funds LLC grew its stake in SEACOR Marine by 5.3% in the fourth quarter. Empowered Funds LLC now owns 91,507 shares of the company’s stock valued at $600,000 after purchasing an additional 4,598 shares in the last quarter. American Century Companies Inc. raised its stake in shares of SEACOR Marine by 10.8% during the 4th quarter. American Century Companies Inc. now owns 47,181 shares of the company’s stock worth $310,000 after purchasing an additional 4,616 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in shares of SEACOR Marine by 26.0% during the 4th quarter. New York State Common Retirement Fund now owns 25,703 shares of the company’s stock valued at $169,000 after buying an additional 5,300 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of SEACOR Marine by 10.6% in the 4th quarter. Bank of America Corp DE now owns 74,124 shares of the company’s stock valued at $486,000 after buying an additional 7,134 shares in the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Price Performance

NYSE SMHI opened at $4.95 on Friday. The company has a 50 day moving average price of $4.86 and a two-hundred day moving average price of $6.07. SEACOR Marine Holdings Inc. has a 12-month low of $3.63 and a 12-month high of $15.36. The stock has a market capitalization of $132.92 million, a PE ratio of -2.95 and a beta of 1.33. 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 issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.56) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.57) by $0.01. SEACOR Marine had a negative net margin of 16.81% and a negative return on equity of 13.32%. The firm had revenue of $55.50 million during the quarter, compared to analysts’ expectations of $65.29 million. As a group, equities analysts predict that SEACOR Marine Holdings Inc. will post -2.54 earnings per share for the current fiscal 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.