Bristow Group Inc. (NYSE:VTOL) Shares Bought by Barclays PLC

Barclays PLC increased its holdings in shares of Bristow Group Inc. (NYSE:VTOL) by 287.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,691 shares of the company’s stock after buying an additional 27,953 shares during the quarter. Barclays PLC owned about 0.13% of Bristow Group worth $1,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VTOL. Dimensional Fund Advisors LP raised its holdings in Bristow Group by 6.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,492,128 shares of the company’s stock valued at $50,031,000 after buying an additional 87,969 shares during the period. Empyrean Capital Partners LP grew its holdings in Bristow Group by 9.0% during the 2nd quarter. Empyrean Capital Partners LP now owns 1,120,000 shares of the company’s stock valued at $37,554,000 after purchasing an additional 92,086 shares in the last quarter. State Street Corp increased its stake in Bristow Group by 2.1% during the 3rd quarter. State Street Corp now owns 937,527 shares of the company’s stock worth $32,523,000 after buying an additional 19,317 shares during the period. Clayton Partners LLC lifted its holdings in Bristow Group by 25.6% in the 2nd quarter. Clayton Partners LLC now owns 434,923 shares of the company’s stock worth $14,583,000 after buying an additional 88,742 shares in the last quarter. Finally, Western Standard LLC boosted its position in Bristow Group by 8.0% in the 3rd quarter. Western Standard LLC now owns 398,000 shares of the company’s stock valued at $13,807,000 after buying an additional 29,600 shares during the last quarter. 93.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Bristow Group

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 4,255 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $38.02, for a total transaction of $161,775.10. Following the sale, the insider now directly owns 3,226,948 shares in the company, valued at approximately $122,688,562.96. The trade was a 0.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 94,858 shares of company stock worth $3,527,946 in the last three months. 14.90% of the stock is owned by company insiders.

Bristow Group Stock Performance

Shares of Bristow Group stock opened at $33.23 on Friday. The firm’s 50-day simple moving average is $35.53 and its 200-day simple moving average is $35.50. Bristow Group Inc. has a 1 year low of $24.33 and a 1 year high of $41.50. The firm has a market cap of $951.31 million, a PE ratio of 17.87 and a beta of 1.34. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.83.

Bristow Group (NYSE:VTOL) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.34. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. The business had revenue of $365.12 million during the quarter. During the same quarter in the prior year, the firm earned $0.41 EPS.

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.