Jane Street Group LLC Increases Holdings in SEACOR Marine Holdings Inc. (NYSE:SMHI)

Jane Street Group LLC lifted its position in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 41.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 70,356 shares of the company’s stock after purchasing an additional 20,567 shares during the period. Jane Street Group LLC’s holdings in SEACOR Marine were worth $679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Carlyle Group Inc. grew its position in SEACOR Marine by 1.3% during the third quarter. Carlyle Group Inc. now owns 1,331,662 shares of the company’s stock valued at $12,851,000 after buying an additional 17,498 shares during the period. Dimensional Fund Advisors LP grew its position in shares of SEACOR Marine by 13.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,255,337 shares of the company’s stock valued at $16,934,000 after acquiring an additional 145,075 shares during the period. State Street Corp increased its stake in shares of SEACOR Marine by 3.5% in the 3rd quarter. State Street Corp now owns 520,029 shares of the company’s stock worth $5,018,000 after purchasing an additional 17,460 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in SEACOR Marine by 1,809.8% in the 2nd quarter. First Eagle Investment Management LLC now owns 477,440 shares of the company’s stock worth $6,441,000 after purchasing an additional 452,440 shares during the period. Finally, Cerity Partners LLC lifted its position in SEACOR Marine by 98.9% during the third quarter. Cerity Partners LLC now owns 345,732 shares of the company’s stock valued at $3,336,000 after purchasing an additional 171,871 shares in the last quarter. Institutional investors own 59.05% of the company’s stock.

SEACOR Marine Stock Performance

Shares of SMHI opened at $6.96 on Friday. The business has a 50-day simple moving average of $6.68 and a two-hundred day simple moving average of $9.75. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.84. SEACOR Marine Holdings Inc. has a 52 week low of $5.80 and a 52 week high of $15.36. The stock has a market cap of $192.41 million, a price-to-earnings ratio of -4.14 and a beta of 1.31.

SEACOR Marine (NYSE:SMHI) last released its earnings results on Wednesday, October 30th. The company reported ($0.59) earnings per share (EPS) for the quarter. SEACOR Marine had a negative return on equity of 13.32% and a negative net margin of 16.81%. The firm had revenue of $68.92 million during the quarter, compared to analysts’ expectations of $77.63 million. On average, analysts expect that SEACOR Marine Holdings Inc. will post -2.54 EPS for the current 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.