SEACOR Marine Holdings Inc. (NYSE:SMHI) Shares Bought by First Manhattan CO. LLC.

First Manhattan CO. LLC. lifted its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 40.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 351,365 shares of the company's stock after acquiring an additional 101,285 shares during the period. First Manhattan CO. LLC. owned 1.27% of SEACOR Marine worth $2,305,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SMHI. Valeo Financial Advisors LLC purchased a new position in shares of SEACOR Marine during the 4th quarter worth about $66,000. Cubist Systematic Strategies LLC acquired a new stake in SEACOR Marine during the 4th quarter worth approximately $68,000. Quarry LP acquired a new stake in SEACOR Marine during the 4th quarter worth approximately $72,000. SG Americas Securities LLC acquired a new stake in SEACOR Marine during the 4th quarter worth approximately $78,000. Finally, Boothbay Fund Management LLC acquired a new stake in SEACOR Marine during the 4th quarter worth approximately $89,000. 59.05% of the stock is currently owned by hedge funds and other institutional investors.

SEACOR Marine Trading Down 2.5%

SMHI traded down $0.13 on Friday, reaching $5.08. 61,316 shares of the company's stock were exchanged, compared to its average volume of 171,281. The company's 50 day moving average is $4.84 and its 200-day moving average is $5.98. The company has a market cap of $136.41 million, a price-to-earnings ratio of -3.02 and a beta of 1.33. SEACOR Marine Holdings Inc. has a twelve month low of $3.63 and a twelve month 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.

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