First Manhattan CO. LLC. Grows Stock Holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI)

First Manhattan CO. LLC. increased its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 40.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 351,365 shares of the company's stock after acquiring an additional 101,285 shares during the period. First Manhattan CO. LLC. owned about 1.27% of SEACOR Marine worth $2,305,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Valeo Financial Advisors LLC bought a new stake in shares of SEACOR Marine during the 4th quarter valued at about $66,000. Cubist Systematic Strategies LLC acquired a new position in SEACOR Marine during the 4th quarter worth approximately $68,000. Quarry LP acquired a new position in SEACOR Marine during the 4th quarter worth approximately $72,000. SG Americas Securities LLC acquired a new position in SEACOR Marine during the 4th quarter worth approximately $78,000. Finally, Boothbay Fund Management LLC acquired a new position in SEACOR Marine during the 4th quarter worth approximately $89,000. Institutional investors own 59.05% of the company's stock.

SEACOR Marine Stock Down 0.4%

Shares of SEACOR Marine stock traded down $0.02 on Wednesday, hitting $5.07. The company had a trading volume of 117,908 shares, compared to its average volume of 171,873. The stock has a market capitalization of $136.14 million, a price-to-earnings ratio of -3.02 and a beta of 1.33. SEACOR Marine Holdings Inc. has a 1 year low of $3.63 and a 1 year high of $15.36. The stock has a 50 day moving average of $4.85 and a 200-day moving average of $6.01. 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported ($0.56) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $55.50 million during the quarter, compared to the consensus estimate of $65.29 million. As a group, sell-side analysts forecast that SEACOR Marine Holdings Inc. will post -2.54 earnings per share 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.