Bristow Group Inc. (NYSE:VTOL) Shares Bought by Invesco Ltd.

Invesco Ltd. increased its stake in Bristow Group Inc. (NYSE:VTOL) by 8.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 427,731 shares of the company’s stock after acquiring an additional 33,514 shares during the quarter. Invesco Ltd. owned approximately 1.49% of Bristow Group worth $14,671,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wells Fargo & Company MN boosted its position in shares of Bristow Group by 29.6% in the fourth quarter. Wells Fargo & Company MN now owns 14,841 shares of the company’s stock worth $509,000 after buying an additional 3,392 shares during the period. Donald Smith & CO. Inc. increased its holdings in shares of Bristow Group by 23.3% in the 4th quarter. Donald Smith & CO. Inc. now owns 91,735 shares of the company’s stock valued at $3,147,000 after purchasing an additional 17,362 shares during the period. Brandywine Global Investment Management LLC lifted its position in shares of Bristow Group by 7.4% in the fourth quarter. Brandywine Global Investment Management LLC now owns 97,074 shares of the company’s stock worth $3,330,000 after purchasing an additional 6,653 shares in the last quarter. Hartree Partners LP acquired a new stake in shares of Bristow Group during the fourth quarter worth approximately $2,550,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Bristow Group during the fourth quarter valued at approximately $998,000. 93.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Bristow Group

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 9,875 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $32.08, for a total transaction of $316,790.00. Following the completion of the transaction, the insider now owns 3,166,821 shares in the company, valued at $101,591,617.68. This trade represents a 0.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Maryanne Miller sold 2,200 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were 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 in the company, valued at $616,411.95. This trade represents a 10.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,027 shares of company stock valued at $1,149,792 in the last 90 days. 14.90% of the stock is currently owned by insiders.

Bristow Group Trading Up 2.8 %

Shares of NYSE:VTOL opened at $29.06 on Monday. Bristow Group Inc. has a 12-month low of $24.85 and a 12-month high of $41.50. 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 firm has a market capitalization of $832.13 million, a P/E ratio of 15.63 and a beta of 1.14. The firm has a fifty day moving average of $31.97 and a two-hundred day moving average of $34.12.

Bristow Group (NYSE:VTOL) last announced its quarterly earnings results 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 analysts’ expectations of $367.00 million. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%.

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.