Tocqueville Asset Management L.P. acquired a new stake in Tidewater Inc. (NYSE:TDW) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 25,810 shares of the oil and gas company’s stock, valued at approximately $630,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. California Public Employees Retirement System boosted its holdings in shares of Tidewater by 14.6% in the 4th quarter. California Public Employees Retirement System now owns 40,406 shares of the oil and gas company’s stock valued at $986,000 after buying an additional 5,136 shares during the last quarter. Mraz Amerine & Associates Inc. acquired a new stake in shares of Tidewater in the 4th quarter valued at approximately $1,115,000. Roumell Asset Management LLC acquired a new stake in shares of Tidewater in the 4th quarter valued at approximately $1,390,000. JPMorgan Chase & Co. boosted its holdings in shares of Tidewater by 1,875.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 75,495 shares of the oil and gas company’s stock valued at $2,189,000 after buying an additional 71,673 shares during the last quarter. Finally, Geode Capital Management LLC acquired a new stake in shares of Tidewater in the 4th quarter valued at approximately $3,822,000.
Shares of Tidewater Inc. (TDW) opened at $26.00 on Tuesday. The company has a current ratio of 3.36, a quick ratio of 3.24 and a debt-to-equity ratio of 0.43. Tidewater Inc. has a twelve month low of $20.37 and a twelve month high of $30.35.
Tidewater Inc provides offshore service vessels and marine support services. The Company operates through four segments: Americas, Asia/Pacific, Middle East/North Africa and Sub-Saharan Africa/Europe. Its Americas segment includes the activities of the Company’s North American operations, which include operations in the United States Gulf of Mexico (GOM), and the United States and Canadian coastal waters of the Pacific and Atlantic oceans, as well as operations of offshore Mexico, Trinidad and Brazil.
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