4 hours Ago By Defense World Staff
Renaissance Technologies LLC reduced its holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI – Free Report) by 24.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 140,400 shares of the company’s stock after selling 45,800 shares during the quarter. Renaissance Technologies LLC owned 0.51% of SEACOR Marine worth $921,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aristides Capital LLC bought a new position in shares of SEACOR Marine in the fourth quarter valued at $133,000. Wells Fargo & Company MN raised its position in shares of SEACOR Marine by 27.
8% during the fourth quarter. Wells Fargo & Company MN now owns 14,314 shares of the company’s stock worth $94,000 after purchasing an additional 3,118 shares during the period. Trexquant Investment LP lifted its holdings in shares of SEACOR Marine by 464.
3% during the fourth quarter. Trexquant Investment LP now owns 79,146 shares of the company’s stock valued at $519,000 after purchasing an additional 65,121 shares during the last quarter. JPMorgan Chase & Co.
increased its stake in SEACOR Marine by 28.4% in the 4th quarter. JPMorgan Chase & Co.
now owns 183,452 shares of the company’s stock worth $1,203,000 after purchasing an additional 40,580 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in SEACOR Marine by 10.
8% in the 4th quarter. American Century Companies Inc. now owns 47,181 shares of the company’s stock worth $310,000 after purchasing an additional 4,616 shares in the last quarter.
59.05% of the stock is owned by institutional investors and hedge funds. SEACOR Marine Trading Down 3.
9 %Shares of SMHI opened at $4.88 on Thursday. The business’s 50-day moving average price is $4.
99 and its 200 day moving average price is $6.27. The stock has a market capitalization of $131.
04 million, a P/E ratio of -2.90 and a beta of 0.95.
SEACOR Marine Holdings Inc. has a 1-year low of $3.63 and a 1-year high of $15.
36. The company has a current ratio of 1.63, a quick ratio of 1.
59 and a debt-to-equity ratio of 0.84. SEACOR Marine (NYSE:SMHI – Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th.
The company reported ($0.56) earnings per share for the quarter, topping 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%. Analysts expect that SEACOR Marine Holdings Inc. will post -2.
54 earnings per share for the current year. About SEACOR Marine (Free Report)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.
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