Tidewater Inc. (NYSE:TDW) Stock Holdings Lifted by Epacria Capital Partners LLC

Epacria Capital Partners LLC raised its stake in shares of Tidewater Inc. (NYSE:TDW - Free Report) by 234.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 25,595 shares of the oil and gas company's stock after buying an additional 17,942 shares during the period. Tidewater comprises about 1.2% of Epacria Capital Partners LLC's portfolio, making the stock its 19th largest holding. Epacria Capital Partners LLC's holdings in Tidewater were worth $1,400,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of TDW. Barclays PLC increased its stake in shares of Tidewater by 354.2% in the 3rd quarter. Barclays PLC now owns 78,848 shares of the oil and gas company's stock valued at $5,661,000 after purchasing an additional 61,487 shares in the last quarter. Tidal Investments LLC lifted its holdings in Tidewater by 8.1% in the third quarter. Tidal Investments LLC now owns 3,575 shares of the oil and gas company's stock valued at $257,000 after acquiring an additional 267 shares during the last quarter. Fortitude Family Office LLC acquired a new position in Tidewater in the fourth quarter valued at approximately $33,000. Harbor Capital Advisors Inc. lifted its holdings in Tidewater by 23.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 154,112 shares of the oil and gas company's stock valued at $8,431,000 after acquiring an additional 29,721 shares during the last quarter. Finally, Harbour Capital Advisors LLC acquired a new position in Tidewater in the fourth quarter valued at approximately $704,000. Hedge funds and other institutional investors own 95.13% of the company's stock.

Analyst Upgrades and Downgrades

TDW has been the subject of several research analyst reports. Raymond James lowered their price target on Tidewater from $76.00 to $70.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. Pickering Energy Partners lowered Tidewater from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Finally, Evercore ISI cut shares of Tidewater from an "outperform" rating to an "in-line" rating and decreased their price target for the company from $112.00 to $68.00 in a research report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Tidewater currently has a consensus rating of "Hold" and a consensus target price of $69.33.

Tidewater Stock Up 3.6%

Shares of NYSE TDW traded up $1.50 during mid-day trading on Monday, hitting $42.95. The company had a trading volume of 364,123 shares, compared to its average volume of 1,088,424. The company has a market capitalization of $2.18 billion, a PE ratio of 12.59 and a beta of 1.00. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.29 and a quick ratio of 2.19. Tidewater Inc. has a 1-year low of $31.17 and a 1-year high of $110.06. The business's 50-day simple moving average is $38.55 and its 200 day simple moving average is $48.09.

Tidewater (NYSE:TDW - Get Free Report) last posted its earnings results on Friday, May 9th. The oil and gas company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.59 by $0.24. Tidewater had a return on equity of 18.16% and a net margin of 13.92%. The firm's quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $0.89 EPS. On average, analysts predict that Tidewater Inc. will post 3.25 earnings per share for the current year.

Insider Buying and Selling at Tidewater

In other news, Director Robert Robotti purchased 1,770 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of $40.95 per share, with a total value of $72,481.50. Following the purchase, the director now directly owns 2,183,670 shares of the company's stock, valued at $89,421,286.50. The trade was a 0.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 8.33% of the stock is owned by corporate insiders.

Tidewater Profile

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.