Bridgeway Capital Management LLC Buys 64,698 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

Bridgeway Capital Management LLC grew its position in SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 60.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,897 shares of the company's stock after acquiring an additional 64,698 shares during the quarter. Bridgeway Capital Management LLC owned 0.62% of SEACOR Marine worth $1,121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Valeo Financial Advisors LLC purchased a new position in SEACOR Marine during the 4th quarter valued at $66,000. Quarry LP purchased a new position in SEACOR Marine during the 4th quarter valued at $72,000. SG Americas Securities LLC purchased a new position in SEACOR Marine during the 4th quarter valued at $78,000. Boothbay Fund Management LLC purchased a new position in SEACOR Marine during the 4th quarter valued at $89,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of SEACOR Marine by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 14,314 shares of the company's stock worth $94,000 after buying an additional 3,118 shares during the period. Institutional investors own 59.05% of the company's stock.

SEACOR Marine Stock Down 3.2%

Shares of SMHI stock traded down $0.17 during mid-day trading on Friday, hitting $5.04. The stock had a trading volume of 54,020 shares, compared to its average volume of 171,262. SEACOR Marine Holdings Inc. has a 12-month low of $3.63 and a 12-month high of $15.36. The firm has a market capitalization of $135.36 million, a P/E ratio of -3.00 and a beta of 1.33. The firm's 50-day moving average is $4.84 and its two-hundred day moving average is $5.98. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.63 and a quick ratio of 1.59.

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

About SEACOR Marine

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.