Vanguard Group Inc. Sells 10,143 Shares of Bristow Group Inc. (NYSE:VTOL)

Vanguard Group Inc. reduced its holdings in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,860,229 shares of the company's stock after selling 10,143 shares during the quarter. Vanguard Group Inc. owned 6.50% of Bristow Group worth $63,806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. KLP Kapitalforvaltning AS purchased a new stake in shares of Bristow Group during the 4th quarter valued at about $34,000. American Century Companies Inc. grew its position in Bristow Group by 22.4% in the 4th quarter. American Century Companies Inc. now owns 578,940 shares of the company's stock worth $19,858,000 after purchasing an additional 105,834 shares during the period. Intech Investment Management LLC raised its stake in Bristow Group by 1,139.5% during the 4th quarter. Intech Investment Management LLC now owns 75,908 shares of the company's stock valued at $2,604,000 after buying an additional 69,784 shares during the last quarter. Birnam Oak Advisors LP purchased a new position in shares of Bristow Group in the 4th quarter worth $468,000. Finally, Counterpoint Mutual Funds LLC boosted its stake in shares of Bristow Group by 82.8% in the 4th 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 last quarter. 93.29% of the stock is owned by hedge funds and other institutional investors.

Bristow Group Stock Performance

Bristow Group stock traded up $0.18 during mid-day trading on Tuesday, reaching $28.10. 170,815 shares of the stock traded hands, compared to its average volume of 130,638. The stock has a market capitalization of $804.44 million, a PE ratio of 15.11 and a beta of 1.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.83 and a quick ratio of 1.49. The business's 50-day moving average is $32.52 and its 200-day moving average is $34.30. Bristow Group Inc. has a 12-month low of $24.33 and a 12-month high of $41.50.

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Bristow Group (NYSE:VTOL - Get Free Report) last issued 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 firm had revenue of $353.53 million for the quarter, compared to analysts' expectations of $367.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Insider Transactions at Bristow Group

In other Bristow Group news, Director Maryanne Miller sold 2,200 shares of the firm'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 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lorin L. Brass sold 2,700 shares of Bristow Group stock in a transaction that occurred on 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 in the company, 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 35,027 shares of company stock worth $1,149,792 in the last 90 days. 14.90% of the stock is currently owned by insiders.

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.