Lorin L. Brass Sells 1,131 Shares of Bristow Group Inc. (NYSE:VTOL) Stock

Bristow Group Inc. (NYSE:VTOL - Get Free Report) Director Lorin L. Brass sold 1,131 shares of Bristow Group stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $33.50, for a total value of $37,888.50. Following the transaction, the director now directly owns 31,955 shares in the company, valued at approximately $1,070,492.50. This trade represents a 3.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Bristow Group Trading Up 0.3%

Shares of NYSE:VTOL opened at $33.40 on Friday. The firm has a fifty day moving average of $30.60 and a two-hundred day moving average of $32.36. The company has a quick ratio of 1.47, a current ratio of 1.84 and a debt-to-equity ratio of 0.73. Bristow Group Inc. has a 12-month low of $25.11 and a 12-month high of $41.50. The firm has a market capitalization of $960.77 million, a P/E ratio of 8.56 and a beta of 1.32.

Bristow Group (NYSE:VTOL - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.34. Bristow Group had a return on equity of 12.95% and a net margin of 8.09%. The firm had revenue of $350.53 million during the quarter, compared to analysts' expectations of $353.00 million.

Institutional Trading of Bristow Group

Institutional investors have recently added to or reduced their stakes in the business. Western Standard LLC increased its stake in shares of Bristow Group by 41.5% during the 4th quarter. Western Standard LLC now owns 563,318 shares of the company's stock worth $19,322,000 after purchasing an additional 165,318 shares during the last quarter. Brown Advisory Inc. increased its position in Bristow Group by 17.7% during the first quarter. Brown Advisory Inc. now owns 1,009,740 shares of the company's stock worth $31,888,000 after buying an additional 151,784 shares during the last quarter. American Century Companies Inc. raised its holdings in Bristow Group by 22.4% during the fourth 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. JPMorgan Chase & Co. raised its holdings in Bristow Group by 115.6% during the fourth quarter. JPMorgan Chase & Co. now owns 157,978 shares of the company's stock valued at $5,419,000 after buying an additional 84,721 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Bristow Group in the first quarter worth about $2,588,000. 93.29% of the stock is currently owned by institutional investors and hedge funds.

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.