Proficio Capital Partners LLC Purchases Shares of 27,749 Bristow Group Inc. (NYSE:VTOL)

Proficio Capital Partners LLC acquired a new stake in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 27,749 shares of the company's stock, valued at approximately $952,000. Proficio Capital Partners LLC owned 0.10% of Bristow Group as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Bristow Group by 2.1% during the third quarter. State Street Corp now owns 937,527 shares of the company's stock valued at $32,523,000 after acquiring an additional 19,317 shares in the last quarter. Geode Capital Management LLC raised 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 valued at $19,535,000 after purchasing an additional 13,320 shares in the last quarter. Western Standard LLC lifted its holdings in shares of Bristow Group by 8.0% in the 3rd quarter. Western Standard LLC now owns 398,000 shares of the company's stock worth $13,807,000 after buying an additional 29,600 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Bristow Group by 17.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 278,138 shares of the company's stock worth $9,540,000 after buying an additional 41,095 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Bristow Group by 9.5% during the fourth quarter. Bank of New York Mellon Corp now owns 177,281 shares of the company's stock valued at $6,081,000 after buying an additional 15,440 shares during the period. Institutional investors own 93.29% of the company's stock.

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Bristow Group Stock Up 0.4 %

Shares of VTOL stock traded up $0.13 on Tuesday, hitting $32.32. The stock had a trading volume of 167,990 shares, compared to its average volume of 120,859. 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 business has a 50 day moving average price of $34.49 and a 200 day moving average price of $34.99. The company has a market cap of $925.39 million, a PE ratio of 17.38 and a beta of 1.39.

Bristow Group (NYSE:VTOL - Get Free Report) last posted 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. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%. The business had revenue of $353.53 million during the quarter, compared to analyst estimates of $367.00 million.

Insiders Place Their Bets

In related news, Director Maryanne Miller sold 2,200 shares of the business's stock in a transaction that occurred on 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 $616,411.95. The trade was a 10.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Alternative Asset Manage Solus sold 9,875 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $32.08, for a total transaction of $316,790.00. Following the sale, the insider now directly owns 3,166,821 shares of the company's stock, valued at $101,591,617.68. The trade was a 0.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,027 shares of company stock worth $1,149,792 over the last 90 days. Company insiders own 14.90% of the company's stock.

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.