Bristow Group Inc. (NYSE:VTOL) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its holdings in Bristow Group Inc. (NYSE:VTOL - Free Report) by 22.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 578,940 shares of the company's stock after purchasing an additional 105,834 shares during the quarter. American Century Companies Inc. owned approximately 2.02% of Bristow Group worth $19,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Graham Capital Wealth Management LLC purchased a new position in Bristow Group during the fourth quarter worth approximately $2,969,000. Intech Investment Management LLC increased its holdings in shares of Bristow Group by 1,139.5% during the 4th quarter. Intech Investment Management LLC now owns 75,908 shares of the company's stock worth $2,604,000 after buying an additional 69,784 shares during the last quarter. Empowered Funds LLC raised its position in shares of Bristow Group by 127.5% in the 4th quarter. Empowered Funds LLC now owns 84,982 shares of the company's stock worth $2,915,000 after buying an additional 47,620 shares during the period. Oppenheimer & Co. Inc. acquired a new position in Bristow Group in the fourth quarter valued at $1,556,000. Finally, Charles Schwab Investment Management Inc. increased its stake in Bristow Group by 17.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 278,138 shares of the company's stock worth $9,540,000 after acquiring an additional 41,095 shares during the last quarter. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Alternative Asset Manage Solus sold 8,323 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $32.71, for a total transaction of $272,245.33. Following the transaction, the insider now directly owns 3,188,625 shares of the company's stock, valued at approximately $104,299,923.75. The trade was a 0.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Maryanne Miller sold 2,200 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $32.15, for a total value of $70,730.00. Following the completion of the transaction, the director now owns 19,173 shares of the company's stock, valued at approximately $616,411.95. This represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 35,027 shares of company stock valued at $1,149,792. Company insiders own 14.90% of the company's stock.

Bristow Group Trading Down 9.4 %

Shares of Bristow Group stock traded down $3.11 during trading hours on Thursday, reaching $29.90. The stock had a trading volume of 183,233 shares, compared to its average volume of 126,469. The company has a current ratio of 1.83, a quick ratio of 1.49 and a debt-to-equity ratio of 0.68. Bristow Group Inc. has a 1 year low of $24.33 and a 1 year high of $41.50. The firm has a market capitalization of $855.95 million, a price-to-earnings ratio of 16.07 and a beta of 1.39. The firm has a 50 day simple moving average of $33.83 and a two-hundred day simple moving average of $34.85.

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

Bristow Group Company Profile

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.