Sanctuary Advisors LLC Invests $127,000 in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Sanctuary Advisors LLC acquired a new stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,013 shares of the company’s stock, valued at approximately $127,000.

Several other large investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in SEACOR Marine by 13.1% during the second 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. Vanguard Group Inc. raised its holdings in shares of SEACOR Marine by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 1,284,917 shares of the company’s stock worth $17,912,000 after buying an additional 17,826 shares in the last quarter. American Century Companies Inc. lifted its position in shares of SEACOR Marine by 16.7% during the 2nd quarter. American Century Companies Inc. now owns 34,364 shares of the company’s stock worth $464,000 after buying an additional 4,912 shares during the period. Herr Investment Group LLC bought a new position in shares of SEACOR Marine during the 2nd quarter worth approximately $3,337,000. Finally, Bank of New York Mellon Corp boosted its stake in SEACOR Marine by 13.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 76,009 shares of the company’s stock valued at $1,025,000 after buying an additional 9,263 shares in the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

SEACOR Marine stock opened at $8.92 on Tuesday. SEACOR Marine Holdings Inc. has a 52-week low of $8.38 and a 52-week high of $15.36. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.83 and a quick ratio of 1.79. The stock has a fifty day moving average price of $10.12 and a two-hundred day moving average price of $12.02. The firm has a market capitalization of $246.55 million, a P/E ratio of -7.96 and a beta of 1.27.

SEACOR Marine (NYSE:SMHI) last released its quarterly earnings results on Wednesday, July 31st. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.29). SEACOR Marine had a negative net margin of 10.92% and a negative return on equity of 8.61%. The firm had revenue of $69.87 million during the quarter, compared to analyst estimates of $68.21 million. As a group, analysts anticipate that SEACOR Marine Holdings Inc. will post -1.47 EPS for the current fiscal 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.