Arrowstreet Capital Limited Partnership Invests $998,000 in Bristow Group Inc. (NYSE:VTOL)

Arrowstreet Capital Limited Partnership acquired a new stake in Bristow Group Inc. (NYSE:VTOL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 29,090 shares of the company's stock, valued at approximately $998,000. Arrowstreet Capital Limited Partnership owned approximately 0.10% of Bristow Group as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in Bristow Group by 115.6% in the fourth quarter. JPMorgan Chase & Co. now owns 157,978 shares of the company's stock worth $5,419,000 after purchasing an additional 84,721 shares during the period. WINTON GROUP Ltd grew its stake in shares of Bristow Group by 3.1% in the 4th quarter. WINTON GROUP Ltd now owns 31,605 shares of the company's stock valued at $1,084,000 after buying an additional 960 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of Bristow Group in the 4th quarter valued at about $34,000. American Century Companies Inc. increased its position in Bristow Group by 22.4% in the 4th quarter. American Century Companies Inc. now owns 578,940 shares of the company's stock valued at $19,858,000 after buying an additional 105,834 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in Bristow Group by 1,139.5% during the 4th quarter. Intech Investment Management LLC now owns 75,908 shares of the company's stock worth $2,604,000 after buying an additional 69,784 shares during the period. Institutional investors and hedge funds own 93.29% of the company's stock.

Bristow Group Stock Up 3.3 %

NYSE:VTOL traded up $0.94 on Thursday, hitting $29.20. The stock had a trading volume of 24,982 shares, compared to its average volume of 130,980. The company has a quick ratio of 1.49, a current ratio of 1.83 and a debt-to-equity ratio of 0.68. Bristow Group Inc. has a 52 week low of $24.33 and a 52 week high of $41.50. The business's fifty day moving average is $32.25 and its 200 day moving average is $34.22. The company has a market cap of $836.05 million, a PE ratio of 15.64 and a beta of 1.14.

Bristow Group (NYSE:VTOL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.46. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%. The business had revenue of $353.53 million during the quarter, compared to the consensus estimate of $367.00 million.

Insider Transactions at Bristow Group

In other news, Director Lorin L. Brass sold 2,700 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $37.00, for a total value of $99,900.00. Following the completion of the sale, the director now owns 28,104 shares in the company, valued at $1,039,848. This represents a 8.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction, the insider now directly owns 3,166,821 shares in the company, valued at $101,591,617.68. The trade was a 0.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,027 shares of company stock valued at $1,149,792 over the last three months. Corporate insiders own 14.90% of the company's stock.

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.