New York State Teachers Retirement System Trims Position in Bristow Group Inc. (NYSE:VTOL)

New York State Teachers Retirement System cut its position in Bristow Group Inc. (NYSE:VTOL – Get Rating) by 7.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,883 shares of the company’s stock after selling 1,530 shares during the period. New York State Teachers Retirement System owned about 0.06% of Bristow Group worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of VTOL. Gladius Capital Management LP purchased a new position in Bristow Group during the second quarter valued at $40,000. KBC Group NV purchased a new position in Bristow Group during the second quarter valued at $47,000. Captrust Financial Advisors grew its stake in Bristow Group by 76.1% during the first quarter. Captrust Financial Advisors now owns 1,444 shares of the company’s stock valued at $54,000 after acquiring an additional 624 shares in the last quarter. Mutual of America Capital Management LLC grew its stake in Bristow Group by 16.7% during the second quarter. Mutual of America Capital Management LLC now owns 3,898 shares of the company’s stock valued at $91,000 after acquiring an additional 559 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in Bristow Group by 708.1% during the second quarter. Quantbot Technologies LP now owns 5,091 shares of the company’s stock valued at $119,000 after acquiring an additional 4,461 shares in the last quarter. 95.30% of the stock is owned by hedge funds and other institutional investors.

Bristow Group Price Performance

VTOL stock opened at $29.45 on Friday. Bristow Group Inc. has a 52 week low of $21.61 and a 52 week high of $40.10. The firm has a market capitalization of $825.07 million, a P/E ratio of 50.63 and a beta of 1.34. The company has a fifty day simple moving average of $26.04 and a two-hundred day simple moving average of $26.24. The company has a quick ratio of 1.51, a current ratio of 1.78 and a debt-to-equity ratio of 0.64.

Bristow Group (NYSE:VTOL – Get Rating) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.58 EPS for the quarter. Bristow Group had a net margin of 1.35% and a return on equity of 2.50%. The business had revenue of $307.27 million during the quarter.

Bristow Group Profile

(Get Rating)

Bristow Group, Inc provides offshore oil and gas transportation, and search and rescue and aircraft support services to government and civil organizations. The company’s services include global SAR, helicopter sales, maintenance and modifications, training, oil & gas, and unmanned aircraft system solutions.