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

Bristow Group Inc. (NYSE:VTOL - Get Free Report) Director Lorin L. Brass sold 1,131 shares of the stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $33.50, for a total value of $37,888.50. Following the completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through this link.

Bristow Group Stock Up 0.1%

VTOL stock traded up $0.02 during mid-day trading on Tuesday, hitting $32.03. 118,943 shares of the company were exchanged, compared to its average volume of 137,986. The firm's 50 day simple moving average is $30.26 and its 200 day simple moving average is $32.39. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.47 and a current ratio of 1.84. Bristow Group Inc. has a 1-year low of $25.11 and a 1-year high of $41.50. The firm has a market cap of $921.56 million, a P/E ratio of 8.21 and a beta of 1.32.

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

Institutional Trading of Bristow Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Federated Hermes Inc. increased its position in shares of Bristow Group by 74.7% during the 1st quarter. Federated Hermes Inc. now owns 912 shares of the company's stock worth $29,000 after purchasing an additional 390 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Bristow Group by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,983 shares of the company's stock valued at $480,000 after buying an additional 517 shares in the last quarter. Sterling Capital Management LLC increased its holdings in Bristow Group by 795.5% during the fourth quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock worth $27,000 after buying an additional 700 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Bristow Group by 2.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,402 shares of the company's stock worth $906,000 after acquiring an additional 723 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its stake in Bristow Group by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 14,932 shares of the company's stock valued at $512,000 after acquiring an additional 819 shares during the last quarter. Institutional investors own 93.29% of the company's stock.

About Bristow Group

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.

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