Glenorchy Capital Ltd Acquires 16,901 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

Glenorchy Capital Ltd grew its holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,221 shares of the company’s stock after acquiring an additional 16,901 shares during the period. Glenorchy Capital Ltd owned about 0.61% of SEACOR Marine worth $1,110,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new position in SEACOR Marine during the fourth quarter valued at approximately $899,000. Barclays PLC boosted its position in shares of SEACOR Marine by 180.9% during the 3rd quarter. Barclays PLC now owns 48,724 shares of the company’s stock valued at $470,000 after acquiring an additional 31,378 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of SEACOR Marine in the fourth quarter valued at $78,000. JPMorgan Chase & Co. increased its position in SEACOR Marine by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 142,872 shares of the company’s stock worth $1,379,000 after purchasing an additional 17,227 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its stake in SEACOR Marine by 58.1% during the fourth quarter. First Eagle Investment Management LLC now owns 916,609 shares of the company’s stock valued at $6,013,000 after purchasing an additional 336,736 shares in the last quarter. Institutional investors own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

Shares of NYSE:SMHI opened at $4.95 on Friday. The firm has a fifty day simple moving average of $4.86 and a two-hundred day simple moving average of $6.07. 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 stock has a market capitalization of $132.92 million, a P/E ratio of -2.95 and a beta of 1.33. SEACOR Marine Holdings Inc. has a 52 week low of $3.63 and a 52 week high of $15.36.

SEACOR Marine (NYSE:SMHI) last released its quarterly earnings results on Wednesday, April 30th. The company reported ($0.56) EPS for the quarter, topping the consensus estimate 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%. The company had revenue of $55.50 million during the quarter, compared to analyst estimates of $65.29 million. On average, analysts expect 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.