Bristow Group Inc. (NYSE:VTOL) Holdings Boosted by Donald Smith & CO. Inc.

Donald Smith & CO. Inc. boosted its holdings in Bristow Group Inc. (NYSE:VTOL - Free Report) by 23.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 91,735 shares of the company's stock after acquiring an additional 17,362 shares during the period. Donald Smith & CO. Inc. owned about 0.32% of Bristow Group worth $3,147,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VTOL. KLP Kapitalforvaltning AS acquired a new stake in shares of Bristow Group in the 4th quarter worth about $34,000. Wolverine Asset Management LLC increased its stake in shares of Bristow Group by 105.3% in the fourth quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company's stock valued at $59,000 after purchasing an additional 34,400 shares during the period. Intech Investment Management LLC bought a new stake in shares of Bristow Group during the third quarter valued at approximately $212,000. Counterpoint Mutual Funds LLC boosted its position in shares of Bristow Group by 82.8% during the fourth quarter. Counterpoint Mutual Funds LLC now owns 11,637 shares of the company's stock worth $399,000 after buying an additional 5,270 shares during the period. Finally, Birnam Oak Advisors LP bought a new position in Bristow Group in the 4th quarter worth approximately $468,000. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Bristow Group

In other news, Director Maryanne Miller sold 2,200 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were 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 in the company, valued at approximately $616,411.95. This trade represents a 10.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 completion of the sale, the insider now owns 3,188,625 shares in the company, valued at $104,299,923.75. The trade was a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,027 shares of company stock worth $1,149,792 over the last quarter. 14.90% of the stock is currently owned by company insiders.

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Bristow Group Stock Performance

Bristow Group stock traded down $0.30 during mid-day trading on Tuesday, hitting $26.47. 64,401 shares of the company's stock traded hands, compared to its average volume of 125,088. 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 one year low of $24.33 and a one year high of $41.50. The firm has a 50 day moving average price of $33.51 and a 200 day moving average price of $34.72. The company has a market cap of $757.80 million, a PE ratio of 14.22 and a beta of 1.14.

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

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.