Graham Capital Wealth Management LLC Takes Position in Bristow Group Inc. (NYSE:VTOL)

Graham Capital Wealth Management LLC purchased a new stake in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 86,568 shares of the company's stock, valued at approximately $2,969,000. Bristow Group makes up approximately 2.7% of Graham Capital Wealth Management LLC's portfolio, making the stock its 13th biggest position. Graham Capital Wealth Management LLC owned about 0.30% of Bristow Group as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Abner Herrman & Brock LLC purchased a new stake in shares of Bristow Group during the third quarter valued at $201,000. Intech Investment Management LLC purchased a new stake in shares of Bristow Group during the third quarter valued at $212,000. Quest Partners LLC boosted its position in shares of Bristow Group by 32.7% during the third quarter. Quest Partners LLC now owns 6,138 shares of the company's stock valued at $213,000 after buying an additional 1,511 shares during the last quarter. ClearAlpha Technologies LP bought a new position in Bristow Group in the third quarter valued at about $250,000. Finally, SG Americas Securities LLC purchased a new position in Bristow Group in the third quarter worth about $284,000. 93.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Bristow Group

In other news, major shareholder Alternative Asset Manage Solus sold 714 shares of Bristow Group stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $38.02, for a total transaction of $27,146.28. Following the transaction, the insider now directly owns 3,276,203 shares of the company's stock, valued at $124,561,238.06. The trade was a 0.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 52,708 shares of company stock worth $1,922,031 in the last three months. 14.90% of the stock is currently owned by company insiders.

Bristow Group Stock Performance

Shares of Bristow Group stock traded down $0.18 during trading hours on Thursday, reaching $34.98. 122,789 shares of the stock traded hands, compared to its average volume of 97,245. The company has a 50 day moving average price of $35.04 and a 200 day moving average price of $35.75. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 18.80 and a beta of 1.35. Bristow Group Inc. has a one year low of $24.33 and a one year high of $41.50. 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 (NYSE:VTOL - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.34. The business had revenue of $365.12 million during the quarter. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. During the same quarter in the prior year, the firm earned $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.