JPMorgan Chase & Co. Has $1.38 Million Position in SEACOR Marine Holdings Inc. (NYSE:SMHI)

JPMorgan Chase & Co. increased its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 13.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 142,872 shares of the company’s stock after acquiring an additional 17,227 shares during the period. JPMorgan Chase & Co. owned about 0.52% of SEACOR Marine worth $1,379,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quantbot Technologies LP bought a new stake in SEACOR Marine during the third quarter worth about $72,000. Sanctuary Advisors LLC bought a new stake in SEACOR Marine during the second quarter worth about $127,000. Capricorn Fund Managers Ltd bought a new stake in SEACOR Marine during the third quarter worth about $253,000. Wilmington Savings Fund Society FSB bought a new stake in SEACOR Marine in the third quarter valued at approximately $372,000. Finally, American Century Companies Inc. raised its stake in 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 buying an additional 4,912 shares during the period. Institutional investors own 59.05% of the company’s stock.

SEACOR Marine Price Performance

NYSE:SMHI opened at $6.78 on Friday. 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 stock’s 50 day moving average price is $6.60 and its two-hundred day moving average price is $9.12. The firm has a market capitalization of $187.38 million, a price-to-earnings ratio of -4.03 and a beta of 1.30. SEACOR Marine Holdings Inc. has a 12-month low of $5.80 and a 12-month high of $15.36.

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

SEACOR Marine 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.