2 weeks Ago By ABMN Staff
Bank of Montreal Can grew its stake in Tidewater Inc. ( NYSE:TDW – Free Report ) by 12.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The institutional investor owned 5,313 shares of the oil and gas company’s stock after purchasing an additional 608 shares during the quarter. Bank of Montreal Can’s holdings in Tidewater were worth $291,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.
Pacer Advisors Inc. increased its position in shares of Tidewater by 42,719.6% during the fourth quarter.
Pacer Advisors Inc. now owns 1,394,207 shares of the oil and gas company’s stock valued at $76,277,000 after acquiring an additional 1,390,951 shares in the last quarter. Norges Bank bought a new position in shares of Tidewater in the fourth quarter worth approximately $32,388,000.
Villere ST Denis J & Co. LLC boosted its stake in shares of Tidewater by 35.1% in the fourth quarter.
Villere ST Denis J & Co. LLC now owns 486,808 shares of the oil and gas company’s stock worth $26,633,000 after acquiring an additional 126,441 shares during the period. Thompson Siegel & Walmsley LLC boosted its position in shares of Tidewater by 135.
6% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 219,183 shares of the oil and gas company’s stock worth $11,992,000 after acquiring an additional 126,162 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of Tidewater by 17.
5% in the fourth quarter. Van ECK Associates Corp now owns 836,253 shares of the oil and gas company’s stock worth $45,752,000 after buying an additional 124,610 shares in the last quarter. 95.
13% of the stock is owned by hedge funds and other institutional investors. Tidewater Stock Up 0.7 % TDW stock opened at $34.
07 on Thursday. Tidewater Inc. has a one year low of $31.
17 and a one year high of $111.42. The company has a debt-to-equity ratio of 0.
54, a quick ratio of 2.19 and a current ratio of 2.29.
The firm has a market cap of $1.75 billion, a PE ratio of 10.02 and a beta of 0.
70. The firm’s fifty day moving average is $41.13 and its 200 day moving average is $50.
55. Wall Street Analysts Forecast Growth Read Our Latest Research Report on Tidewater Insider Activity In other Tidewater news, Director Robert Robotti bought 1,770 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average price of $40.
95 per share, with a total value of $72,481.50. Following the completion of the acquisition, the director now directly owns 2,183,670 shares of the company’s stock, valued at $89,421,286.
50. This represents a 0.08 % increase in their ownership of the stock.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Company insiders own 8.33% of the company’s stock.
Tidewater Profile ( Free Report ) Tidewater Inc, together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. Featured Stories Want to see what other hedge funds are holding TDW? Visit HoldingsChannel.
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