SEACOR Marine Holdings Inc. (NYSE:SMHI) is Flat Footed LLC's 8th Largest Position

Flat Footed LLC decreased its stake in SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 77.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,678 shares of the company's stock after selling 422,454 shares during the period. SEACOR Marine accounts for about 0.2% of Flat Footed LLC's holdings, making the stock its 8th biggest holding. Flat Footed LLC owned 0.45% of SEACOR Marine worth $818,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Valeo Financial Advisors LLC bought a new stake in SEACOR Marine during the 4th quarter valued at $66,000. Cubist Systematic Strategies LLC bought a new stake in shares of SEACOR Marine during the fourth quarter worth about $68,000. Quarry LP acquired a new stake in shares of SEACOR Marine in the 4th quarter worth about $72,000. SG Americas Securities LLC bought a new position in SEACOR Marine in the 4th quarter valued at about $78,000. Finally, Boothbay Fund Management LLC acquired a new position in SEACOR Marine during the 4th quarter valued at about $89,000. 59.05% of the stock is owned by institutional investors.

SEACOR Marine Stock Up 1.3%

SEACOR Marine stock traded up $0.07 during midday trading on Thursday, hitting $5.08. 51,644 shares of the stock were exchanged, compared to its average volume of 171,404. The stock has a market capitalization of $136.27 million, a price-to-earnings ratio of -2.99 and a beta of 1.33. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.84. The business's 50-day moving average price is $4.84 and its 200-day moving average price is $6.00. SEACOR Marine Holdings Inc. has a 52-week low of $3.63 and a 52-week high of $15.36.

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