Bristow Group Inc. (NYSE:VTOL) Shares Purchased by Medina Value Partners LLC

Medina Value Partners LLC grew its holdings in Bristow Group Inc. (NYSE:VTOL - Free Report) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 618,036 shares of the company's stock after purchasing an additional 30,568 shares during the period. Bristow Group makes up 8.7% of Medina Value Partners LLC's portfolio, making the stock its 4th biggest position. Medina Value Partners LLC owned about 2.16% of Bristow Group worth $21,199,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Barclays PLC boosted its position in Bristow Group by 39.7% during the 4th quarter. Barclays PLC now owns 52,647 shares of the company's stock worth $1,806,000 after acquiring an additional 14,956 shares during the period. Sterling Capital Management LLC grew its position in Bristow Group by 795.5% during the fourth quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock valued at $27,000 after purchasing an additional 700 shares in the last quarter. Invesco Ltd. increased its stake in Bristow Group by 8.5% in the 4th quarter. Invesco Ltd. now owns 427,731 shares of the company's stock valued at $14,671,000 after buying an additional 33,514 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Bristow Group by 29.6% during the 4th quarter. Wells Fargo & Company MN now owns 14,841 shares of the company's stock valued at $509,000 after buying an additional 3,392 shares during the period. Finally, Donald Smith & CO. Inc. grew its holdings in shares of Bristow Group by 23.3% during the 4th quarter. Donald Smith & CO. Inc. now owns 91,735 shares of the company's stock valued at $3,147,000 after acquiring an additional 17,362 shares in the last quarter. Institutional investors and hedge funds own 93.29% of the company's stock.

Insider Buying and Selling at Bristow Group

In other news, Director Maryanne Miller sold 2,200 shares of the firm's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $32.15, for a total value of $70,730.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Lorin L. Brass sold 2,700 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $37.00, for a total transaction of $99,900.00. Following the transaction, the director now directly owns 28,104 shares of the company's stock, valued at $1,039,848. This represents a 8.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,027 shares of company stock worth $1,149,792 over the last three months. Corporate insiders own 14.90% of the company's stock.

Bristow Group Stock Up 1.7 %

Shares of NYSE:VTOL traded up $0.48 during midday trading on Tuesday, hitting $28.86. 59,601 shares of the stock were exchanged, compared to its average volume of 131,448. The business's fifty day simple moving average is $31.82 and its two-hundred day simple moving average is $34.07. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.83. Bristow Group Inc. has a 52-week low of $24.85 and a 52-week high of $41.50. The company has a market capitalization of $826.18 million, a PE ratio of 15.51 and a beta of 1.14.

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, beating the consensus estimate of $0.61 by $0.46. The business had revenue of $353.53 million during the quarter, compared to analysts' expectations of $367.00 million. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%.

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.