American Century Companies Inc. Grows Position in Bristow Group Inc. (NYSE:VTOL)

American Century Companies Inc. lifted its stake in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 22.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 578,940 shares of the company's stock after buying an additional 105,834 shares during the quarter. American Century Companies Inc. owned about 2.02% of Bristow Group worth $19,858,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wolverine Asset Management LLC lifted its position in Bristow Group by 105.3% in the fourth quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company's stock valued at $59,000 after acquiring an additional 34,400 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Bristow Group during the third quarter worth about $212,000. ClearAlpha Technologies LP purchased a new stake in shares of Bristow Group in the 3rd quarter valued at about $250,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Bristow Group in the 3rd quarter valued at about $298,000. Finally, Counterpoint Mutual Funds LLC grew its stake in Bristow Group by 82.8% during the 4th quarter. Counterpoint Mutual Funds LLC now owns 11,637 shares of the company's stock worth $399,000 after buying an additional 5,270 shares during the last quarter. Institutional investors and hedge funds own 93.29% of the company's stock.

Bristow Group Stock Performance

VTOL traded up $0.49 during trading on Wednesday, hitting $32.95. 97,117 shares of the stock were exchanged, compared to its average volume of 118,395. The firm has a market capitalization of $943.42 million, a P/E ratio of 17.72 and a beta of 1.39. Bristow Group Inc. has a 1-year low of $24.33 and a 1-year high of $41.50. The stock has a fifty day moving average price of $33.98 and a two-hundred day moving average price of $34.90. The company has a quick ratio of 1.49, a current ratio of 1.83 and a debt-to-equity ratio of 0.68.

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Bristow Group (NYSE:VTOL - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.61 by $0.46. The firm had revenue of $353.53 million during the quarter, compared to the consensus estimate of $367.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Insider Transactions at Bristow Group

In other Bristow Group news, Director Maryanne Miller sold 2,200 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $32.15, for a total transaction of $70,730.00. Following the completion of the transaction, the director now owns 19,173 shares in the company, valued at approximately $616,411.95. This represents a 10.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lorin L. Brass sold 2,700 shares of Bristow Group stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $37.00, for a total transaction of $99,900.00. Following the completion of the sale, the director now directly owns 28,104 shares in the company, valued at approximately $1,039,848. The trade was a 8.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 35,027 shares of company stock worth $1,149,792. Company insiders own 14.90% of the company's stock.

About Bristow Group

Bristow Group Inc provides vertical flight solutions. The company primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue, medevac, ad hoc helicopter, fixed wing transportation, unmanned systems, and ad-hoc helicopter services, as well as logistical and maintenance support, training services, and flight and maintenance crews.