Empowered Funds LLC Acquires 4,422 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

Empowered Funds LLC raised its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,909 shares of the company’s stock after buying an additional 4,422 shares during the period. Empowered Funds LLC owned 0.31% of SEACOR Marine worth $839,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMHI. Vanguard Group Inc. raised its position in shares of SEACOR Marine by 1.4% in the first quarter. Vanguard Group Inc. now owns 1,284,917 shares of the company’s stock valued at $17,912,000 after purchasing an additional 17,826 shares during the period. Quadrature Capital Ltd lifted its position in SEACOR Marine by 114.4% during the 1st quarter. Quadrature Capital Ltd now owns 34,102 shares of the company’s stock worth $476,000 after acquiring an additional 18,197 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in SEACOR Marine by 13.9% during the second quarter. Bank of New York Mellon Corp now owns 76,009 shares of the company’s stock valued at $1,025,000 after acquiring an additional 9,263 shares during the period. Rhumbline Advisers boosted its holdings in SEACOR Marine by 18.0% during the second quarter. Rhumbline Advisers now owns 38,630 shares of the company’s stock valued at $521,000 after acquiring an additional 5,880 shares during the period. Finally, American Century Companies Inc. grew its position in shares of SEACOR Marine by 16.7% in the second quarter. American Century Companies Inc. now owns 34,364 shares of the company’s stock valued at $464,000 after purchasing an additional 4,912 shares during the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Price Performance

NYSE SMHI opened at $7.15 on Friday. The stock has a 50-day simple moving average of $8.44 and a 200 day simple moving average of $11.09. SEACOR Marine Holdings Inc. has a twelve month low of $6.02 and a twelve month high of $15.36. The stock has a market capitalization of $197.70 million, a PE ratio of -4.26 and a beta of 1.31. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 1.63.

SEACOR Marine (NYSE:SMHI) last issued its quarterly earnings results on Wednesday, October 30th. The company reported ($0.59) EPS for the quarter. SEACOR Marine had a negative return on equity of 13.32% and a negative net margin of 16.81%. The business had revenue of $68.92 million during the quarter, compared to the consensus estimate of $77.63 million. Research analysts anticipate that SEACOR Marine Holdings Inc. will post -2.54 EPS for the current year.

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.