Amundi Purchases 10,995 Shares of Bristow Group Inc. (NYSE:VTOL)

Amundi lifted its position in Bristow Group Inc. (NYSE:VTOL) by 184.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 16,956 shares of the company’s stock after purchasing an additional 10,995 shares during the period. Amundi owned about 0.06% of Bristow Group worth $599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp grew its holdings in shares of Bristow Group by 2.1% in the third quarter. State Street Corp now owns 937,527 shares of the company’s stock worth $32,523,000 after purchasing an additional 19,317 shares during the last quarter. Geode Capital Management LLC lifted its stake in Bristow Group by 2.4% in the third quarter. Geode Capital Management LLC now owns 563,014 shares of the company’s stock worth $19,535,000 after acquiring an additional 13,320 shares during the period. Western Standard LLC lifted its stake in Bristow Group by 8.0% in the third quarter. Western Standard LLC now owns 398,000 shares of the company’s stock worth $13,807,000 after acquiring an additional 29,600 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Bristow Group by 17.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 278,138 shares of the company’s stock worth $9,540,000 after acquiring an additional 41,095 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Bristow Group by 9.5% in the fourth quarter. Bank of New York Mellon Corp now owns 177,281 shares of the company’s stock worth $6,081,000 after acquiring an additional 15,440 shares during the period. Institutional investors own 93.29% of the company’s stock.

Insider Activity

In related news, Director Lorin L. Brass sold 2,700 shares of Bristow Group stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $37.00, for a total value of $99,900.00. Following the completion of the sale, the director now directly owns 28,104 shares in the company, valued at approximately $1,039,848. This trade represents a 8.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maryanne Miller sold 2,200 shares of Bristow Group stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $32.15, for a total value of $70,730.00. Following the completion of the sale, the director now owns 19,173 shares of the company’s stock, valued at $616,411.95. The trade was a 10.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,152 shares of company stock worth $833,002 over the last three months. 14.90% of the stock is currently owned by corporate insiders.

Bristow Group Stock Performance

Shares of VTOL stock opened at $32.05 on Friday. The stock has a fifty day moving average of $34.61 and a 200 day moving average of $35.14. Bristow Group Inc. has a 52 week low of $24.33 and a 52 week high of $41.50. The firm has a market capitalization of $917.71 million, a price-to-earnings ratio of 17.23 and a beta of 1.39. 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 (NYSE:VTOL) last announced its quarterly earnings data 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 analyst estimates of $367.00 million. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%.

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.