Northern Trust Corp Has $3.18 Million Stock Holdings in SEACOR Marine Holdings Inc (NYSE:SMHI)

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Northern Trust Corp lifted its stake in shares of SEACOR Marine Holdings Inc (NYSE:SMHI) by 4.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 212,724 shares of the company’s stock after buying an additional 8,525 shares during the quarter. Northern Trust Corp’s holdings in SEACOR Marine were worth $3,182,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SMHI. Bessemer Group Inc. acquired a new stake in shares of SEACOR Marine during the 2nd quarter worth about $47,000. Aperio Group LLC acquired a new stake in shares of SEACOR Marine during the 2nd quarter worth about $26,000. Bank of Montreal Can lifted its stake in shares of SEACOR Marine by 69.3% during 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 during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of SEACOR Marine by 10.0% during 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 during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of SEACOR Marine during the 2nd quarter worth about $550,000. Institutional investors own 80.06% of the company’s stock.

NYSE SMHI opened at $13.69 on Friday. The firm has a 50-day moving average of $13.00 and a 200-day moving average of $13.43. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.21 and a current ratio of 1.23. SEACOR Marine Holdings Inc has a 52-week low of $10.52 and a 52-week high of $21.28.

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

Separately, ValuEngine upgraded shares of SEACOR Marine from a “hold” rating to a “buy” rating in a research note on Wednesday.

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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