UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 6,723 Shares of Bristow Group Inc. (NYSE:VTOL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Bristow Group Inc. (NYSE:VTOL) by 35.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 25,679 shares of the company’s stock after buying an additional 6,723 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.09% of Bristow Group worth $891,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Bristow Group by 0.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 237,043 shares of the company’s stock worth $8,223,000 after buying an additional 674 shares during the last quarter. Intech Investment Management LLC acquired a new stake in Bristow Group during the 3rd quarter worth $212,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Bristow Group during the 3rd quarter valued at $298,000. Quest Partners LLC lifted its stake in shares of Bristow Group by 32.7% in the 3rd quarter. Quest Partners LLC now owns 6,138 shares of the company’s stock valued at $213,000 after purchasing an additional 1,511 shares during the period. Finally, Empowered Funds LLC boosted its position 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 worth $1,296,000 after purchasing an additional 1,876 shares during the last quarter. Institutional investors own 93.29% of the company’s stock.

Bristow Group Stock Up 0.4 %

Shares of Bristow Group stock opened at $32.66 on Friday. Bristow Group Inc. has a 12 month low of $24.33 and a 12 month high of $41.50. The business has a fifty day simple moving average of $35.64 and a 200 day simple moving average of $35.48. 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 $934.99 million, a PE ratio of 17.56 and a beta of 1.34.

Bristow Group (NYSE:VTOL) last posted its earnings results on Tuesday, November 5th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.34. The company had revenue of $365.12 million during the quarter. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. During the same quarter in the previous year, the firm posted $0.41 earnings per share.

Insider Buying and Selling at Bristow Group

In other news, major shareholder Alternative Asset Manage Solus sold 42,150 shares of Bristow Group stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $38.10, for a total transaction of $1,605,915.00. Following the transaction, the insider now owns 3,306,855 shares in the company, valued at $125,991,175.50. The trade was a 1.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 94,858 shares of company stock valued at $3,527,946. Corporate insiders own 14.90% of the company’s stock.

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.