Dimensional Fund Advisors LP lifted its position in shares of SEACOR Marine Holdings Inc (NYSE:SMHI) by 0.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,508,212 shares of the company’s stock after buying an additional 7,035 shares during the quarter. Dimensional Fund Advisors LP owned approximately 7.38% of SEACOR Marine worth $17,737,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SMHI. Renaissance Technologies LLC purchased a new stake in SEACOR Marine in the 3rd quarter worth $208,000. Rhumbline Advisers lifted its stake in SEACOR Marine by 42.5% in the 4th quarter. Rhumbline Advisers now owns 24,394 shares of the company’s stock worth $287,000 after purchasing an additional 7,271 shares in the last quarter. MetLife Investment Advisors LLC lifted its stake in SEACOR Marine by 55.2% in the 3rd quarter. MetLife Investment Advisors LLC now owns 13,916 shares of the company’s stock worth $315,000 after purchasing an additional 4,950 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in SEACOR Marine by 3.2% in the 4th quarter. Bank of New York Mellon Corp now owns 75,287 shares of the company’s stock worth $886,000 after purchasing an additional 2,353 shares in the last quarter. Finally, United Services Automobile Association lifted its stake in SEACOR Marine by 1.0% in the 4th quarter. United Services Automobile Association now owns 238,659 shares of the company’s stock worth $2,807,000 after purchasing an additional 2,460 shares in the last quarter. Institutional investors own 84.51% of the company’s stock.
Shares of SMHI stock opened at $12.95 on Tuesday. SEACOR Marine Holdings Inc has a 52 week low of $11.42 and a 52 week high of $26.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.10 and a current ratio of 2.14.
Separately, ValuEngine cut shares of SEACOR Marine from a “hold” rating to a “sell” rating in a research note on Thursday, February 28th.
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About SEACOR Marine
SEACOR Marine Holdings Inc provides marine and support transportation services to offshore oil and natural gas exploration, development, and production facilities worldwide. It operates a fleet of offshore support and specialty vessels that deliver cargo and personnel to offshore installations; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; construction, well work-over, and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as accommodations for technicians and specialists, safety support, and emergency response services.
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