Charles Schwab Investment Management Inc. Has $9.54 Million Position in Bristow Group Inc. (NYSE:VTOL)

Charles Schwab Investment Management Inc. boosted its position in Bristow Group Inc. (NYSE:VTOL - Free Report) by 17.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 278,138 shares of the company's stock after purchasing an additional 41,095 shares during the period. Charles Schwab Investment Management Inc. owned about 0.97% of Bristow Group worth $9,540,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Franklin Resources Inc. bought a new position in Bristow Group in the 3rd quarter valued at about $572,000. Geode Capital Management LLC lifted its holdings in Bristow Group by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 563,014 shares of the company's stock worth $19,535,000 after purchasing an additional 13,320 shares during the last quarter. Barclays PLC boosted its stake in Bristow Group by 287.1% in the 3rd quarter. Barclays PLC now owns 37,691 shares of the company's stock valued at $1,308,000 after purchasing an additional 27,953 shares during the period. Principal Financial Group Inc. grew its holdings in Bristow Group by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 119,379 shares of the company's stock valued at $4,095,000 after buying an additional 3,356 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Bristow Group by 26.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,257 shares of the company's stock worth $2,541,000 after buying an additional 15,139 shares during the period. Institutional investors own 93.29% of the company's stock.

Bristow Group Stock Performance

Shares of VTOL traded down $0.39 during midday trading on Wednesday, reaching $31.99. 59,798 shares of the stock were exchanged, compared to its average volume of 120,890. Bristow Group Inc. has a twelve month low of $24.33 and a twelve month high of $41.50. The company has a market cap of $915.85 million, a P/E ratio of 17.20 and a beta of 1.39. The stock's 50 day simple moving average is $34.42 and its 200 day simple moving average is $34.97. 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 announced its earnings results on Wednesday, February 26th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.61 by $0.46. The company had revenue of $353.53 million for the quarter, compared to analysts' expectations of $367.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Insider Buying and Selling at Bristow Group

In related news, Director Maryanne Miller sold 2,200 shares of the business's stock in a transaction 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 sale, the director now owns 19,173 shares in the company, valued at $616,411.95. The trade was a 10.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lorin L. Brass sold 2,700 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $37.00, for a total value of $99,900.00. Following the sale, the director now owns 28,104 shares in the company, valued at approximately $1,039,848. This trade represents a 8.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,027 shares of company stock valued at $1,149,792 in the last three months. Corporate 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.