GSA Capital Partners LLP Has $408,000 Stock Position in SEACOR Marine Holdings Inc. (NYSE:SMHI)

GSA Capital Partners LLP decreased its stake in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 8.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,283 shares of the company’s stock after selling 3,953 shares during the period. GSA Capital Partners LLP owned approximately 0.15% of SEACOR Marine worth $408,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SMHI. First Eagle Investment Management LLC raised its holdings in SEACOR Marine by 1,809.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 477,440 shares of the company’s stock worth $6,441,000 after purchasing an additional 452,440 shares during the last quarter. Herr Investment Group LLC bought a new stake in SEACOR Marine during the 2nd quarter worth about $3,337,000. Glenorchy Capital Ltd bought a new stake in SEACOR Marine during the 3rd quarter worth about $1,470,000. Dimensional Fund Advisors LP raised its holdings in SEACOR Marine by 13.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,255,337 shares of the company’s stock worth $16,934,000 after purchasing an additional 145,075 shares during the last quarter. Finally, Capricorn Fund Managers Ltd bought a new stake in SEACOR Marine during the 3rd quarter worth about $253,000. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

Shares of SMHI stock opened at $6.86 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. The stock has a market cap of $189.68 million, a PE ratio of -4.08 and a beta of 1.31. The stock has a 50-day moving average of $8.50 and a 200-day moving average of $11.13. SEACOR Marine Holdings Inc. has a one year low of $6.02 and a one year high of $15.36.

SEACOR Marine (NYSE:SMHI) last announced its quarterly earnings results on Wednesday, October 30th. The company reported ($0.59) EPS for the quarter. The company had revenue of $68.92 million during the quarter, compared to the consensus estimate of $77.63 million. SEACOR Marine had a negative net margin of 16.81% and a negative return on equity of 13.32%. As a group, sell-side analysts expect 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.