Parametric Portfolio Associates LLC reduced its position in shares of SEACOR Marine Holdings Inc (NYSE:SMHI) by 12.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,078 shares of the company’s stock after selling 7,151 shares during the period. Parametric Portfolio Associates LLC owned 0.24% of SEACOR Marine worth $779,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aperio Group LLC purchased a new position in SEACOR Marine during the second quarter valued at approximately $26,000. Bank of Montreal Can grew its stake in SEACOR Marine by 69.3% in the 2nd quarter. Bank of Montreal Can now owns 5,139 shares of the company’s stock worth $77,000 after buying an additional 2,104 shares in the last quarter. Bessemer Group Inc. purchased a new position in SEACOR Marine in the 2nd quarter worth approximately $47,000. Northern Trust Corp grew its stake in SEACOR Marine by 4.2% in the 2nd quarter. Northern Trust Corp now owns 212,724 shares of the company’s stock worth $3,182,000 after buying an additional 8,525 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in SEACOR Marine by 10.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 115,347 shares of the company’s stock worth $1,726,000 after buying an additional 10,496 shares in the last quarter. 80.06% of the stock is currently owned by institutional investors.

Shares of SMHI traded down $0.50 during mid-day trading on Monday, reaching $13.19. The company’s stock had a trading volume of 649 shares, compared to its average volume of 37,499. The company has a current ratio of 1.23, a quick ratio of 1.21 and a debt-to-equity ratio of 0.79. SEACOR Marine Holdings Inc has a 52 week low of $10.52 and a 52 week high of $21.28. The company’s fifty day moving average price is $13.00 and its two-hundred day moving average price is $13.43.

SEACOR Marine (NYSE:SMHI) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($1.21) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.99) by ($0.22). SEACOR Marine had a negative return on equity of 14.21% and a negative net margin of 29.68%. The business had revenue of $64.35 million during the quarter.

Separately, ValuEngine upgraded shares of SEACOR Marine from a “hold” rating to a “buy” rating in a report on Wednesday, October 9th.

About SEACOR Marine

Seacor Marine Holdings, Inc engages in the provision of offshore marine business. It offers global marine and support transportation services to offshore oil & gas exploration, development, and production facilities. The company involves in the operation of support and specialty vessels for and among independent oil, gas exploration, production, and emerging independent companies.

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Institutional Ownership by Quarter for SEACOR Marine (NYSE:SMHI)

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