Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Tidewater Inc. (NYSE:TDW – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 61,000 shares of the oil and gas company’s stock, valued at approximately $1,324,000. Healthcare of Ontario Pension Plan Trust Fund owned 0.13% of Tidewater as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in TDW. Great West Life Assurance Co. Can purchased a new stake in Tidewater during the 3rd quarter valued at $37,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Tidewater in the 2nd quarter worth about $90,000. Amalgamated Bank lifted its position in shares of Tidewater by 8.6% in the 3rd quarter. Amalgamated Bank now owns 5,368 shares of the oil and gas company’s stock worth $116,000 after purchasing an additional 424 shares during the period. Shell Asset Management Co. purchased a new stake in shares of Tidewater in the 2nd quarter worth about $128,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Tidewater by 759.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 11,021 shares of the oil and gas company’s stock worth $239,000 after purchasing an additional 9,739 shares during the period. Hedge funds and other institutional investors own 88.34% of the company’s stock.
Tidewater Stock Up 1.0 %
NYSE:TDW opened at $43.81 on Monday. The company has a quick ratio of 1.77, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average price of $40.19 and a 200-day moving average price of $31.52. Tidewater Inc. has a 12 month low of $13.80 and a 12 month high of $47.12.
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About Tidewater
Tidewater, Inc engages in the provision of offshore marine support and transportation services to the offshore energy industry. It offers the towing of, and anchor handling for, mobile offshore drilling units, transporting supplies and personnel necessary to sustain drilling, work over and production activities, offshore construction and seismic and subsea support, geotechnical survey for wind farm construction, and a variety of specialized services such as pipe and cable laying.
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