BNP Paribas Financial Markets Lowers Holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI)

BNP Paribas Financial Markets reduced its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 60.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 5,345 shares of the company’s stock after selling 8,302 shares during the period. BNP Paribas Financial Markets’ holdings in SEACOR Marine were worth $52,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Empowered Funds LLC grew its holdings in SEACOR Marine by 5.4% during the third quarter. Empowered Funds LLC now owns 86,909 shares of the company’s stock worth $839,000 after acquiring an additional 4,422 shares during the period. Glenorchy Capital Ltd purchased a new stake in SEACOR Marine in the 3rd quarter worth approximately $1,470,000. Dimensional Fund Advisors LP grew its stake in shares of 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 period. Cerity Partners LLC increased its holdings in shares of SEACOR Marine by 98.9% during the 3rd quarter. Cerity Partners LLC now owns 345,732 shares of the company’s stock valued at $3,336,000 after purchasing an additional 171,871 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of SEACOR Marine by 16.7% in the 2nd 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 period. Hedge funds and other institutional investors own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

Shares of NYSE SMHI opened at $5.98 on Friday. SEACOR Marine Holdings Inc. has a 1 year low of $5.91 and a 1 year high of $15.36. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 1.63. The company’s fifty day moving average price is $7.23 and its 200 day moving average price is $10.21. The company has a market capitalization of $165.32 million, a PE ratio of -3.56 and a beta of 1.31.

SEACOR Marine (NYSE:SMHI) last posted its earnings results on Wednesday, October 30th. The company reported ($0.59) earnings per share (EPS) for the quarter. SEACOR Marine had a negative return on equity of 13.32% and a negative net margin of 16.81%. The firm had revenue of $68.92 million for the quarter, compared to analysts’ expectations of $77.63 million. On average, 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.