Bank of New York Mellon Corp Has $1.03 Million Stock Position in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Bank of New York Mellon Corp lifted its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 13.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 76,009 shares of the company’s stock after buying an additional 9,263 shares during the period. Bank of New York Mellon Corp owned about 0.28% of SEACOR Marine worth $1,025,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Jump Financial LLC bought a new stake in SEACOR Marine during the 4th quarter worth $353,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of SEACOR Marine during the fourth quarter worth about $142,000. Quadrature Capital Ltd acquired a new position in shares of SEACOR Marine in the fourth quarter valued at approximately $200,000. BNP Paribas Financial Markets raised its holdings in SEACOR Marine by 47.8% in the 1st quarter. BNP Paribas Financial Markets now owns 21,367 shares of the company’s stock valued at $298,000 after buying an additional 6,909 shares during the last quarter. Finally, First Eagle Investment Management LLC acquired a new stake in SEACOR Marine during the 1st quarter worth approximately $348,000. 59.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling at SEACOR Marine

In other SEACOR Marine news, CFO Jesus Llorca sold 14,168 shares of the stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $15.00, for a total transaction of $212,520.00. Following the completion of the sale, the chief financial officer now owns 430,638 shares of the company’s stock, valued at approximately $6,459,570. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Jesus Llorca sold 14,168 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $15.00, for a total value of $212,520.00. Following the transaction, the chief financial officer now owns 430,638 shares in the company, valued at $6,459,570. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Gregory Scott Rossmiller sold 8,617 shares of the company’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $15.02, for a total transaction of $129,427.34. Following the sale, the chief accounting officer now directly owns 224,897 shares in the company, valued at approximately $3,377,952.94. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,431 shares of company stock worth $411,684. Insiders own 14.60% of the company’s stock.

SEACOR Marine Trading Down 2.3 %

SMHI opened at $10.04 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.83 and a quick ratio of 1.79. SEACOR Marine Holdings Inc. has a fifty-two week low of $8.88 and a fifty-two week high of $15.36. The company’s 50 day moving average price is $11.57 and its two-hundred day moving average price is $12.62. The firm has a market capitalization of $277.51 million, a price-to-earnings ratio of -11.95 and a beta of 1.27.

SEACOR Marine (NYSE:SMHI) last issued its quarterly earnings data on Wednesday, July 31st. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.29). The business had revenue of $69.87 million during the quarter, compared to the consensus estimate of $68.21 million. SEACOR Marine had a negative return on equity of 8.61% and a negative net margin of 10.92%. As a group, research analysts predict that SEACOR Marine Holdings Inc. will post -1.47 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.