Wellington Management Group LLP Has $256,000 Position in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Wellington Management Group LLP cut its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 96.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,041 shares of the company's stock after selling 1,036,652 shares during the quarter. Wellington Management Group LLP owned 0.14% of SEACOR Marine worth $256,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in SEACOR Marine by 3.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,404,911 shares of the company's stock valued at $9,216,000 after buying an additional 45,465 shares during the period. Carlyle Group Inc. boosted its position in shares of SEACOR Marine by 1.8% during the 4th quarter. Carlyle Group Inc. now owns 1,355,761 shares of the company's stock valued at $8,894,000 after acquiring an additional 24,099 shares in the last quarter. First Eagle Investment Management LLC increased its stake in SEACOR Marine by 58.1% in the fourth quarter. First Eagle Investment Management LLC now owns 916,609 shares of the company's stock valued at $6,013,000 after acquiring an additional 336,736 shares during the period. First Manhattan CO. LLC. raised its position in SEACOR Marine by 40.5% in the fourth quarter. First Manhattan CO. LLC. now owns 351,365 shares of the company's stock worth $2,305,000 after purchasing an additional 101,285 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in SEACOR Marine by 3.7% during the fourth quarter. Northern Trust Corp now owns 238,578 shares of the company's stock worth $1,565,000 after purchasing an additional 8,552 shares during the period. 59.05% of the stock is owned by institutional investors and hedge funds.

SEACOR Marine Stock Up 3.8%

NYSE SMHI opened at $5.47 on Friday. SEACOR Marine Holdings Inc. has a 1-year low of $3.63 and a 1-year high of $15.36. The company has a market capitalization of $146.88 million, a price-to-earnings ratio of -3.26 and a beta of 1.48. The stock's 50 day moving average is $4.85 and its two-hundred day moving average is $5.79. The company has a current ratio of 1.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84.

SEACOR Marine (NYSE:SMHI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported ($0.56) EPS for the quarter, topping the consensus estimate of ($0.57) by $0.01. SEACOR Marine had a negative return on equity of 13.32% and a negative net margin of 16.81%. The business had revenue of $55.50 million during the quarter, compared to the consensus estimate of $65.29 million. Equities analysts forecast that SEACOR Marine Holdings Inc. will post -2.54 earnings per share 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.

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