Victory Capital Management Inc. Purchases Shares of 20,332 Bristow Group Inc. (NYSE:VTOL)

Victory Capital Management Inc. purchased a new position in Bristow Group Inc. (NYSE:VTOL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,332 shares of the company's stock, valued at approximately $697,000. Victory Capital Management Inc. owned 0.07% of Bristow Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC increased its stake in shares of Bristow Group by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 37,362 shares of the company's stock valued at $1,296,000 after purchasing an additional 1,876 shares during the last quarter. Quest Partners LLC boosted its stake in Bristow Group by 32.7% in 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 in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Bristow Group in the third quarter valued at about $298,000. Intech Investment Management LLC acquired a new position in Bristow Group during the third quarter worth about $212,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Bristow Group by 0.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 237,043 shares of the company's stock worth $8,223,000 after acquiring an additional 674 shares during the last quarter. Institutional investors own 93.29% of the company's stock.

Bristow Group Price Performance

Shares of VTOL traded up $0.13 during mid-day trading on Tuesday, reaching $32.32. The company had a trading volume of 167,990 shares, compared to its average volume of 120,859. The company has a market capitalization of $925.39 million, a price-to-earnings ratio of 17.38 and a beta of 1.39. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.83. The company's 50 day simple moving average is $34.49 and its 200 day simple moving average is $34.99. Bristow Group Inc. has a 1-year low of $24.33 and a 1-year high of $41.50.

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

Insider Buying and Selling

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 8,323 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $32.71, for a total transaction of $272,245.33. Following the sale, the insider now directly owns 3,188,625 shares of the company's stock, valued at $104,299,923.75. The trade was a 0.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Maryanne Miller sold 2,200 shares of Bristow Group stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $32.15, for a total transaction of $70,730.00. Following the transaction, 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 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. Insiders own 14.90% of the company's stock.

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.