SEACOR Marine Holdings Inc. (NYSE:SMHI) is Carlyle Group Inc.’s 10th Largest Position

Carlyle Group Inc. lifted its stake in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI) by 1.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,331,662 shares of the company’s stock after purchasing an additional 17,498 shares during the quarter. SEACOR Marine accounts for approximately 1.3% of Carlyle Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Carlyle Group Inc.’s holdings in SEACOR Marine were worth $12,851,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SMHI. Empowered Funds LLC lifted its holdings in SEACOR Marine by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 86,909 shares of the company’s stock valued at $839,000 after purchasing an additional 4,422 shares in the last quarter. American Century Companies Inc. grew its stake in shares of SEACOR Marine by 16.7% during the second quarter. American Century Companies Inc. now owns 34,364 shares of the company’s stock worth $464,000 after purchasing an additional 4,912 shares in the last quarter. Rhumbline Advisers lifted its position in shares of SEACOR Marine by 18.0% during the 2nd quarter. Rhumbline Advisers now owns 38,630 shares of the company’s stock worth $521,000 after buying an additional 5,880 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of SEACOR Marine by 47.8% in the 1st quarter. BNP Paribas Financial Markets now owns 21,367 shares of the company’s stock valued at $298,000 after purchasing an additional 6,909 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of SEACOR Marine by 13.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 76,009 shares of the company’s stock valued at $1,025,000 after acquiring an additional 9,263 shares during the period. 59.05% of the stock is owned by institutional investors and hedge funds.

SEACOR Marine Price Performance

SEACOR Marine stock opened at $6.37 on Wednesday. The stock has a market capitalization of $176.13 million, a PE ratio of -3.79 and a beta of 1.31. SEACOR Marine Holdings Inc. has a 12 month low of $6.02 and a 12 month high of $15.36. The business has a 50 day simple moving average of $8.60 and a 200-day simple moving average of $11.20. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.63 and a quick ratio of 1.59.

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