74,355 Shares in Bristow Group Inc. (NYSE:VTOL) Purchased by Hartree Partners LP

Hartree Partners LP acquired a new stake in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 74,355 shares of the company's stock, valued at approximately $2,550,000. Bristow Group makes up about 0.9% of Hartree Partners LP's holdings, making the stock its 27th largest holding. Hartree Partners LP owned about 0.26% of Bristow Group as of its most recent SEC filing.

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

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Insider Activity at Bristow Group

In other Bristow Group news, Director Lorin L. Brass sold 2,700 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $37.00, for a total transaction of $99,900.00. Following the completion of the transaction, the director now owns 28,104 shares of the company's stock, valued at approximately $1,039,848. This trade represents a 8.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Alternative Asset Manage Solus sold 11,829 shares of the business's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $32.71, for a total transaction of $386,926.59. Following the sale, the insider now owns 3,176,796 shares in the company, valued at approximately $103,912,997.16. This trade represents a 0.37 % decrease in their position. 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 90 days. 14.90% of the stock is owned by company insiders.

Bristow Group Trading Up 1.7 %

Shares of Bristow Group stock traded up $0.55 on Wednesday, hitting $33.01. The stock had a trading volume of 208,200 shares, compared to its average volume of 119,368. The stock's 50-day simple moving average is $33.98 and its two-hundred day simple moving average is $34.90. 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. The stock has a market cap of $945.14 million, a price-to-earnings ratio of 17.75 and a beta of 1.39.

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

Bristow Group 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.