Wellington Management Group LLP Sells 1,036,652 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

Wellington Management Group LLP trimmed its holdings in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 96.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,041 shares of the company’s stock after selling 1,036,652 shares during the quarter. Wellington Management Group LLP’s holdings in SEACOR Marine were worth $256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Geode Capital Management LLC raised its position in SEACOR Marine by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 562,451 shares of the company’s stock worth $5,428,000 after purchasing an additional 2,781 shares during the period. Empowered Funds LLC raised its stake in SEACOR Marine by 5.3% in the fourth quarter. Empowered Funds LLC now owns 91,507 shares of the company’s stock worth $600,000 after buying an additional 4,598 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of SEACOR Marine by 10.8% during the 4th quarter. American Century Companies Inc. now owns 47,181 shares of the company’s stock worth $310,000 after purchasing an additional 4,616 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of SEACOR Marine by 26.0% during the fourth quarter. New York State Common Retirement Fund now owns 25,703 shares of the company’s stock valued at $169,000 after buying an additional 5,300 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in SEACOR Marine during the fourth quarter valued at approximately $66,000. 59.05% of the stock is currently owned by hedge funds and other institutional investors.

SEACOR Marine Stock Down 8.0 %

SEACOR Marine stock opened at $4.14 on Tuesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.63 and a quick ratio of 1.59. The stock has a market capitalization of $114.55 million, a price-to-earnings ratio of -2.46 and a beta of 0.95. The business has a fifty day moving average price of $5.48 and a 200-day moving average price of $6.65. SEACOR Marine Holdings Inc. has a 1-year low of $3.63 and a 1-year high of $15.36.

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.