BlackRock Discloses 5.0% Passive Stake in SEACOR Marine Holdings
Ticker: SMHI · Form: SC 13G · Filed: Jan 29, 2024 · CIK: 1690334
| Field | Detail |
|---|---|
| Company | Seacor Marine Holdings Inc. (SMHI) |
| Form Type | SC 13G |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, passive-investment, stake-disclosure
TL;DR
**BlackRock just revealed a 5.0% passive stake in SEACOR Marine, signaling institutional confidence.**
AI Summary
BlackRock Inc., a major investment firm, reported its ownership stake in SEACOR Marine Holdings Inc. (SMHI) as of December 31, 2023. This SC 13G filing indicates BlackRock holds 1,023,071 shares of SMHI's Common Stock, representing 5.0% of the company. This matters to investors because BlackRock is a passive institutional investor, meaning they typically don't seek to influence management, but their significant stake signals confidence in SMHI's long-term prospects.
Why It Matters
A large institutional investor like BlackRock holding a 5.0% stake can provide a vote of confidence for SEACOR Marine Holdings, potentially attracting other investors.
Risk Assessment
Risk Level: low — This filing indicates a passive investment by a large institution, which generally doesn't pose a direct risk to the company or its shareholders.
Analyst Insight
A smart investor would view BlackRock's passive 5.0% stake as a positive signal, suggesting institutional confidence in SEACOR Marine Holdings Inc., and might consider further research into the company's fundamentals.
Key Numbers
- 1,023,071 — Shares Owned (The total number of SEACOR Marine Holdings Inc. Common Stock shares BlackRock Inc. beneficially owns.)
- 5.0% — Ownership Percentage (The percentage of SEACOR Marine Holdings Inc. Common Stock that BlackRock Inc. owns, indicating a significant but passive stake.)
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- SEACOR Marine Holdings Inc. (company) — the subject company in which BlackRock holds shares
- 1,023,071 (dollar_amount) — number of shares of Common Stock beneficially owned by BlackRock
- 5.0% (dollar_amount) — percentage of SEACOR Marine Holdings Inc. Common Stock owned by BlackRock
- December 31, 2023 (person) — the date of the event requiring the filing
Forward-Looking Statements
- SEACOR Marine Holdings Inc. will likely see continued institutional interest due to BlackRock's significant stake. (SEACOR Marine Holdings Inc.) — medium confidence, target: Within the next 6-12 months
FAQ
What is the purpose of an SC 13G filing?
An SC 13G filing is used by institutional investors, like BlackRock Inc., to report beneficial ownership of more than 5% of a company's stock when they hold the shares passively, meaning they do not intend to influence or control the company's management or policies, as indicated by the filing under Rule 13d-1(b).
Which company is the subject of this SC 13G filing?
The subject company of this SC 13G filing is SEACOR Marine Holdings Inc., identified by CIK 0001690334 and CUSIP 78413P101.
Who is the reporting person in this SC 13G filing?
The reporting person in this SC 13G filing is BlackRock Inc., identified by CIK 0001364742, which is a major institutional investment manager.
As of what date did BlackRock Inc. report its ownership in SEACOR Marine Holdings Inc.?
BlackRock Inc. reported its ownership in SEACOR Marine Holdings Inc. as of December 31, 2023, which is the 'Date of Event Which Requires Filing of this Statement'.
What type of securities does BlackRock Inc. own in SEACOR Marine Holdings Inc.?
BlackRock Inc. owns 'Common Stock' of SEACOR Marine Holdings Inc., as specified under the 'Title of Class of Securities' in the filing.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 29, 2024 by December 31, 2023 regarding SEACOR Marine Holdings Inc. (SMHI).