Tidewater INC Citizn (TDW) Market Valuation Declined While Eidelman Virant Capital Trimmed Its Stake by $5.53 Million

January 13, 2018 - By Clifton Ray

Eidelman Virant Capital decreased its stake in Tidewater Inc Citizn (TDW) by 96.41% based on its latest 2017Q3 regulatory filing with the SEC. Eidelman Virant Capital sold 190,606 shares as the company’s stock declined 45.66% while stock markets rallied. The institutional investor held 7,094 shares of the marine transportation company at the end of 2017Q3, valued at $206,000, down from 197,700 at the end of the previous reported quarter. Eidelman Virant Capital who had been investing in Tidewater Inc Citizn for a number of months, seems to be less bullish one the $864.00 million market cap company. The stock increased 1.55% or $0.44 during the last trading session, reaching $28.8. About 248,417 shares traded or 83.28% up from the average. Tidewater Inc. (NYSE:TDW) has declined 87.52% since January 13, 2017 and is downtrending. It has underperformed by 104.22% the S&P500.

Eidelman Virant Capital, which manages about $285.00M and $168.24 million US Long portfolio, upped its stake in Pfizer Inc (NYSE:PFE) by 123,500 shares to 145,930 shares, valued at $5.21M in 2017Q3, according to the filing.

More news for Tidewater Inc. (NYSE:TDW) were recently published by: Seekingalpha.com, which released: “Tidewater” on January 09, 2018. Gurufocus.com‘s article titled: “Martin Whitman Buys Tidewater Inc, Interfor Corp, Warrior Met Coal Inc, Sells …” and published on January 04, 2018 is yet another important article.

Tidewater Inc. (NYSE:TDW) Ratings Coverage

Among 10 analysts covering Tidewater (NYSE:TDW), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. Tidewater had 16 analyst reports since August 14, 2015 according to SRatingsIntel. Argus Research maintained the shares of TDW in report on Monday, October 12 with “Buy” rating. The rating was downgraded by Iberia Capital Partners to “Sector Perform” on Friday, May 27. On Tuesday, March 8 the stock rating was downgraded by Clarkson Platou to “Sell”. The stock of Tidewater Inc. (NYSE:TDW) earned “Market Perform” rating by Cowen & Co on Monday, January 11. The rating was downgraded by Argus Research on Tuesday, October 25 to “Sell”. As per Tuesday, December 22, the company rating was downgraded by Argus Research. The stock has “Sector Perform” rating by iBERIA Capital Partners on Friday, May 27. The rating was maintained by Howard Weil with “Sector Perform” on Thursday, November 5. The stock of Tidewater Inc. (NYSE:TDW) earned “Accumulate” rating by Global Hunter Securities on Friday, August 14. The stock of Tidewater Inc. (NYSE:TDW) earned “Hold” rating by Johnson Rice on Wednesday, August 10.

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