PharVision Advisers LLC Invests $269,000 in SEACOR Marine Holdings Inc. (NYSE:SMHI)

PharVision Advisers LLC acquired a new stake in SEACOR Marine Holdings Inc. (NYSE:SMHI) in the 4th quarter, Holdings Channel reports. The firm acquired 40,931 shares of the company’s stock, valued at approximately $269,000.

Several other hedge funds and other institutional investors have also modified their holdings of SMHI. Glenorchy Capital Ltd raised its stake in SEACOR Marine by 11.1% during the 4th quarter. Glenorchy Capital Ltd now owns 169,221 shares of the company’s stock valued at $1,110,000 after purchasing an additional 16,901 shares during the last quarter. First Manhattan CO. LLC. increased its holdings in shares of SEACOR Marine by 40.5% during the 4th quarter. First Manhattan CO. LLC. now owns 351,365 shares of the company’s stock worth $2,305,000 after purchasing an additional 101,285 shares during the period. D. E. Shaw & Co. Inc. raised its position in shares of SEACOR Marine by 69.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 101,871 shares of the company’s stock valued at $668,000 after buying an additional 41,817 shares during the last quarter. Epacria Capital Partners LLC lifted its stake in shares of SEACOR Marine by 19.8% in the fourth quarter. Epacria Capital Partners LLC now owns 129,166 shares of the company’s stock valued at $847,000 after buying an additional 21,304 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in SEACOR Marine during the fourth quarter worth about $68,000. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Trading Up 2.9%

Shares of SMHI opened at $5.23 on Thursday. The stock’s 50-day moving average price is $4.85 and its 200 day moving average price is $5.91. 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 firm has a market capitalization of $140.30 million, a price-to-earnings ratio of -3.11 and a beta of 1.33. SEACOR Marine Holdings Inc. has a 12-month low of $3.63 and a 12-month high of $15.36.

SEACOR Marine (NYSE:SMHI) last released its quarterly earnings data on Wednesday, April 30th. The company reported ($0.56) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.57) by $0.01. The business had revenue of $55.50 million for the quarter, compared to analysts’ expectations of $65.29 million. SEACOR Marine had a negative return on equity of 13.32% and a negative net margin of 16.81%. As a group, research analysts predict that SEACOR Marine Holdings Inc. will post -2.54 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.