Jane Street Group LLC Acquires 3,696 Shares of Bristow Group Inc. (NYSE:VTOL)

Jane Street Group LLC grew its stake in shares of Bristow Group Inc. (NYSE:VTOL) by 19.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,875 shares of the company’s stock after buying an additional 3,696 shares during the period. Jane Street Group LLC owned 0.08% of Bristow Group worth $794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. nVerses Capital LLC purchased a new position in Bristow Group during the 2nd quarter valued at approximately $64,000. Abner Herrman & Brock LLC purchased a new position in shares of Bristow Group in the third quarter valued at $201,000. Intech Investment Management LLC bought a new stake in Bristow Group in the third quarter worth $212,000. Quest Partners LLC raised its stake in Bristow Group by 32.7% during the third 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 in the last quarter. Finally, ClearAlpha Technologies LP bought a new position in Bristow Group during the third quarter valued at $250,000. Hedge funds and other institutional investors own 93.29% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Alternative Asset Manage Solus sold 2,739 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $38.01, for a total transaction of $104,109.39. Following the transaction, the insider now owns 3,303,356 shares of the company’s stock, valued at approximately $125,560,561.56. This represents a 0.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 94,858 shares of company stock worth $3,527,946 over the last three months. 14.90% of the stock is owned by insiders.

Bristow Group Stock Performance

Bristow Group stock opened at $34.30 on Thursday. The company’s 50-day moving average price is $35.54 and its 200-day moving average price is $35.53. 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 company has a market cap of $981.94 million, a PE ratio of 18.44 and a beta of 1.34. Bristow Group Inc. has a twelve month low of $24.33 and a twelve month high of $41.50.

Bristow Group (NYSE:VTOL) last issued 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. The business had revenue of $365.12 million for the quarter. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. During the same quarter last year, the company earned $0.41 earnings per share.

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.