Bristow Group Inc. (NYSE:VTOL) Director Sells $70,730.00 in Stock

Bristow Group Inc. (NYSE:VTOL - Get Free Report) Director Maryanne Miller sold 2,200 shares of the business'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 transaction of $70,730.00. Following the completion of the transaction, the director now owns 19,173 shares of the company's stock, valued at $616,411.95. This trade represents a 10.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Bristow Group Trading Up 2.1 %

NYSE:VTOL traded up $0.67 on Monday, hitting $32.09. 135,697 shares of the stock were exchanged, compared to its average volume of 120,862. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.83. Bristow Group Inc. has a 52 week low of $24.33 and a 52 week high of $41.50. The stock has a market capitalization of $918.80 million, a price-to-earnings ratio of 17.25 and a beta of 1.39. The company's 50-day moving average price is $34.54 and its 200 day moving average price is $35.02.

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

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Institutional Investors Weigh In On Bristow Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sterling Capital Management LLC boosted its holdings in Bristow Group by 795.5% during the fourth quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock worth $27,000 after purchasing an additional 700 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Bristow Group during the 4th quarter worth about $34,000. Wolverine Asset Management LLC boosted its stake in shares of Bristow Group by 105.3% during the 4th quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company's stock worth $59,000 after buying an additional 34,400 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of Bristow Group in the 4th quarter valued at about $118,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Bristow Group in the fourth quarter valued at about $142,000. Institutional investors and hedge funds own 93.29% of the company's stock.

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.