JPMorgan Chase & Co. Has $1.38 Million Stake in SEACOR Marine Holdings Inc. (NYSE:SMHI)

JPMorgan Chase & Co. grew its position in SEACOR Marine Holdings Inc. (NYSE:SMHI) by 13.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 142,872 shares of the company’s stock after purchasing an additional 17,227 shares during the quarter. JPMorgan Chase & Co.’s holdings in SEACOR Marine were worth $1,379,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new stake in SEACOR Marine during the third quarter worth approximately $372,000. Barclays PLC boosted its holdings in shares of SEACOR Marine by 180.9% in the 3rd quarter. Barclays PLC now owns 48,724 shares of the company’s stock valued at $470,000 after purchasing an additional 31,378 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of SEACOR Marine by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 562,451 shares of the company’s stock valued at $5,428,000 after purchasing an additional 2,781 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of SEACOR Marine by 41.3% in the 3rd quarter. Jane Street Group LLC now owns 70,356 shares of the company’s stock valued at $679,000 after purchasing an additional 20,567 shares in the last quarter. Finally, State Street Corp boosted its holdings 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 valued at $5,018,000 after purchasing an additional 17,460 shares in the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Trading Up 1.6 %

Shares of SMHI stock opened at $6.78 on Friday. The stock’s fifty day moving average price is $6.60 and its two-hundred day moving average price is $9.12. The company has a market cap of $187.38 million, a PE ratio of -4.03 and a beta of 1.30. SEACOR Marine Holdings Inc. has a fifty-two week low of $5.80 and a fifty-two week high of $15.36. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 1.63.

SEACOR Marine (NYSE:SMHI) last issued its earnings results on Wednesday, October 30th. The company reported ($0.59) earnings per share for the quarter. SEACOR Marine had a negative net margin of 16.81% and a negative return on equity of 13.32%. The business had revenue of $68.92 million during the quarter, compared to analyst estimates of $77.63 million. Equities analysts predict that SEACOR Marine Holdings Inc. will post -2.54 EPS for the current fiscal year.

SEACOR Marine Company Profile

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.