New York State Teachers Retirement System Sells 800 Shares of Bristow Group Inc. (NYSE:VTOL)

New York State Teachers Retirement System cut its holdings in shares of Bristow Group Inc. (NYSE:VTOL) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,583 shares of the company’s stock after selling 800 shares during the quarter. New York State Teachers Retirement System’s holdings in Bristow Group were worth $469,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP increased its holdings in shares of Bristow Group by 78.1% during the 3rd quarter. Wellington Management Group LLP now owns 421,300 shares of the company’s stock worth $11,868,000 after acquiring an additional 184,700 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Bristow Group in the 3rd quarter valued at $799,000. Algert Global LLC grew its holdings in Bristow Group by 211.4% in the 3rd quarter. Algert Global LLC now owns 53,650 shares of the company’s stock valued at $1,511,000 after buying an additional 36,420 shares in the last quarter. Deutsche Bank AG grew its holdings in Bristow Group by 12.9% in the 3rd quarter. Deutsche Bank AG now owns 15,849 shares of the company’s stock valued at $446,000 after buying an additional 1,805 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in Bristow Group in the 3rd quarter valued at $384,000. 93.29% of the stock is owned by institutional investors and hedge funds.

Bristow Group Stock Performance

Shares of NYSE VTOL opened at $25.04 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.82 and a quick ratio of 1.50. The stock’s fifty day moving average price is $26.55 and its two-hundred day moving average price is $26.79. Bristow Group Inc. has a one year low of $20.08 and a one year high of $31.89. The firm has a market cap of $709.13 million, a price-to-earnings ratio of -104.33 and a beta of 1.33.

Bristow Group (NYSE:VTOL) last released its earnings results on Tuesday, March 5th. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $337.93 million for the quarter. Bristow Group had a negative net margin of 0.52% and a negative return on equity of 0.84%.

Insider Activity

In other news, EVP David F. Stepanek sold 9,033 shares of the company’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $26.13, for a total transaction of $236,032.29. Following the completion of the sale, the executive vice president now directly owns 46,878 shares in the company, valued at approximately $1,224,922.14. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 15.00% of the company’s stock.

Bristow Group 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.