State Street Corp Acquires 19,317 Shares of Bristow Group Inc. (NYSE:VTOL)

State Street Corp increased its holdings in Bristow Group Inc. (NYSE:VTOL - Free Report) by 2.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 937,527 shares of the company's stock after buying an additional 19,317 shares during the period. State Street Corp owned 3.27% of Bristow Group worth $32,523,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of VTOL. ClearAlpha Technologies LP acquired a new position in shares of Bristow Group during the 3rd quarter valued at $250,000. Atom Investors LP boosted its position in shares of Bristow Group by 1.5% during the 3rd quarter. Atom Investors LP now owns 92,536 shares of the company's stock worth $3,210,000 after purchasing an additional 1,363 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Bristow Group by 35.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,679 shares of the company's stock valued at $891,000 after buying an additional 6,723 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Bristow Group by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 237,043 shares of the company's stock worth $8,223,000 after buying an additional 674 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in Bristow Group in the third quarter valued at approximately $212,000. Institutional investors and hedge funds own 93.29% of the company's stock.

Insider Activity at Bristow Group

In related news, major shareholder Alternative Asset Manage Solus sold 4,255 shares of Bristow Group stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $38.02, for a total value of $161,775.10. Following the completion of the transaction, the insider now directly owns 3,226,948 shares in the company, valued at approximately $122,688,562.96. The trade was a 0.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders sold 94,858 shares of company stock worth $3,527,946. 14.90% of the stock is owned by company insiders.

Bristow Group Stock Down 0.2 %

Shares of NYSE:VTOL traded down $0.05 during trading on Friday, reaching $32.61. 400,207 shares of the stock were exchanged, compared to its average volume of 124,094. The stock has a fifty day moving average of $35.59 and a two-hundred day moving average of $35.49. Bristow Group Inc. has a 1-year low of $24.33 and a 1-year high of $41.50. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.83 and a quick ratio of 1.49. The firm has a market cap of $933.56 million, a price-to-earnings ratio of 17.53 and a beta of 1.34.

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

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.