Barclays PLC Increases Stock Position in Bristow Group Inc. (NYSE:VTOL)

Barclays PLC lifted its position in Bristow Group Inc. (NYSE:VTOL - Free Report) by 287.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,691 shares of the company's stock after purchasing an additional 27,953 shares during the period. Barclays PLC owned about 0.13% of Bristow Group worth $1,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Driehaus Capital Management LLC purchased a new stake in shares of Bristow Group during the second quarter worth approximately $4,615,000. Empyrean Capital Partners LP grew its holdings in shares of Bristow Group by 9.0% during the second quarter. Empyrean Capital Partners LP now owns 1,120,000 shares of the company's stock worth $37,554,000 after buying an additional 92,086 shares in the last quarter. Clayton Partners LLC raised its position in shares of Bristow Group by 25.6% in the second quarter. Clayton Partners LLC now owns 434,923 shares of the company's stock valued at $14,583,000 after buying an additional 88,742 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Bristow Group by 6.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,492,128 shares of the company's stock worth $50,031,000 after acquiring an additional 87,969 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in Bristow Group by 16.6% during the 2nd quarter. American Century Companies Inc. now owns 321,157 shares of the company's stock valued at $10,768,000 after acquiring an additional 45,738 shares in the last quarter. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Bristow Group Stock Up 0.0 %

NYSE VTOL opened at $34.75 on Monday. The company has a quick ratio of 1.49, a current ratio of 1.83 and a debt-to-equity ratio of 0.68. Bristow Group Inc. has a 52 week low of $24.33 and a 52 week high of $41.50. The business's fifty day simple moving average is $35.77 and its 200-day simple moving average is $35.65. The firm has a market cap of $994.82 million, a PE ratio of 18.68 and a beta of 1.35.

Bristow Group (NYSE:VTOL - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.34. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. The company had revenue of $365.12 million during the quarter. During the same quarter in the previous year, the company posted $0.41 earnings per share.

Insider Buying and Selling

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 42,150 shares of the company's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $38.10, for a total transaction of $1,605,915.00. Following the completion of the sale, the insider now directly owns 3,306,855 shares of the company's stock, valued at $125,991,175.50. This represents a 1.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 94,858 shares of company stock valued at $3,527,946 in the last ninety days. 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.