Tudor Investment Corp ET AL Buys New Shares in Bristow Group Inc. (NYSE:VTOL)

Tudor Investment Corp ET AL acquired a new stake in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 63,736 shares of the company's stock, valued at approximately $2,186,000. Tudor Investment Corp ET AL owned 0.22% of Bristow Group as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sterling Capital Management LLC boosted its position in Bristow Group by 795.5% in the fourth quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock valued at $27,000 after buying an additional 700 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in Bristow Group during the 4th quarter worth approximately $34,000. Wolverine Asset Management LLC increased its holdings in Bristow Group by 105.3% during the 4th quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company's stock valued at $59,000 after purchasing an additional 34,400 shares in the last quarter. Aquatic Capital Management LLC bought a new position in Bristow Group in the 4th quarter valued at $142,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in Bristow Group by 18.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,561 shares of the company's stock worth $328,000 after purchasing an additional 1,502 shares in the last quarter. Institutional investors and hedge funds own 93.29% of the company's stock.

Bristow Group Price Performance

Shares of Bristow Group stock traded up $1.23 during trading on Friday, reaching $29.96. The company's stock had a trading volume of 114,694 shares, compared to its average volume of 131,827. Bristow Group Inc. has a one year low of $25.11 and a one year high of $41.50. The stock has a market capitalization of $862.10 million, a P/E ratio of 16.11 and a beta of 1.32. The company has a current ratio of 1.83, a quick ratio of 1.49 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average price of $30.03 and a two-hundred day moving average price of $33.62.

Bristow Group (NYSE:VTOL - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.34. The business had revenue of $350.53 million during the quarter, compared to analyst estimates of $353.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Insider Activity

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 9,875 shares of the stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $32.08, for a total value of $316,790.00. Following the sale, the insider now directly owns 3,166,821 shares in the company, valued at approximately $101,591,617.68. This trade represents a 0.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Lorin L. Brass sold 2,700 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $37.00, for a total transaction of $99,900.00. Following the completion of the transaction, the director now directly owns 28,104 shares of the company's stock, valued at $1,039,848. This trade represents a 8.77 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,027 shares of company stock valued at $1,149,792. 14.90% of the stock is currently owned by insiders.

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.