Cerity Partners LLC Increases Position in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Cerity Partners LLC boosted its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 355.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 174,703 shares of the company's stock after purchasing an additional 136,331 shares during the period. Cerity Partners LLC owned about 0.64% of SEACOR Marine worth $2,200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its stake in SEACOR Marine by 45.1% in the fourth quarter. SG Americas Securities LLC now owns 15,117 shares of the company's stock worth $190,000 after purchasing an additional 4,700 shares during the period. Vanguard Group Inc. boosted its position in SEACOR Marine by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,227,584 shares of the company's stock valued at $17,039,000 after buying an additional 26,219 shares during the period. Deutsche Bank AG grew its stake in SEACOR Marine by 21.9% in the 3rd quarter. Deutsche Bank AG now owns 13,707 shares of the company's stock worth $190,000 after acquiring an additional 2,467 shares in the last quarter. Northern Trust Corp increased its position in shares of SEACOR Marine by 1.2% during the third quarter. Northern Trust Corp now owns 228,633 shares of the company's stock worth $3,173,000 after acquiring an additional 2,787 shares during the period. Finally, EAM Investors LLC purchased a new stake in SEACOR Marine in the third quarter worth about $1,903,000. 59.05% of the stock is owned by hedge funds and other institutional investors.

SEACOR Marine Stock Up 3.7 %

NYSE SMHI traded up $0.45 during trading on Friday, reaching $12.45. 524,066 shares of the company's stock traded hands, compared to its average volume of 212,785. The company's 50 day simple moving average is $12.49 and its two-hundred day simple moving average is $12.32. SEACOR Marine Holdings Inc. has a 12-month low of $7.51 and a 12-month high of $15.24. The firm has a market cap of $338.37 million, a price-to-earnings ratio of -34.58 and a beta of 1.22. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.14 and a quick ratio of 2.12.

SEACOR Marine (NYSE:SMHI - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of ($0.49) by $0.69. SEACOR Marine had a negative return on equity of 2.52% and a negative net margin of 3.38%. The firm had revenue of $73.08 million during the quarter, compared to analyst estimates of $63.55 million. As a group, sell-side analysts forecast that SEACOR Marine Holdings Inc. will post -0.7 EPS for the current fiscal 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.