Bristow Group Inc. (NYSE:VTOL) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. reduced its holdings in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 857,956 shares of the company's stock after selling 32,461 shares during the period. Brown Advisory Inc. owned approximately 3.00% of Bristow Group worth $29,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Sterling Capital Management LLC lifted its stake in Bristow Group by 795.5% during the 4th quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock valued at $27,000 after acquiring an additional 700 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of Bristow Group during the 4th quarter valued at approximately $34,000. Wolverine Asset Management LLC boosted its stake in shares of Bristow Group by 105.3% during the 4th quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company's stock worth $59,000 after acquiring an additional 34,400 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Bristow Group during the 4th quarter valued at about $118,000. Finally, Aquatic Capital Management LLC purchased a new position in Bristow Group during the fourth quarter worth approximately $142,000. Hedge funds and other institutional investors own 93.29% of the company's stock.

Insider Buying and Selling

In other news, major shareholder Alternative Asset Manage Solus sold 11,829 shares of the business's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.71, for a total value of $386,926.59. Following the sale, the insider now directly owns 3,176,796 shares of the company's stock, valued at approximately $103,912,997.16. The trade was a 0.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lorin L. Brass sold 2,700 shares of the business's stock in a transaction that occurred on 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 directly owns 28,104 shares in the company, valued at approximately $1,039,848. The trade was a 8.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,027 shares of company stock worth $1,149,792. Insiders own 14.90% of the company's stock.

Bristow Group Price Performance

Shares of NYSE:VTOL traded up $1.01 during midday trading on Friday, reaching $29.74. 273,798 shares of the company's stock traded hands, compared to its average volume of 131,012. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.83. The company has a market cap of $855.77 million, a P/E ratio of 15.99 and a beta of 1.32. Bristow Group Inc. has a 1 year low of $25.11 and a 1 year high of $41.50. The company has a fifty day simple moving average of $29.97 and a two-hundred day simple moving average of $33.59.

Bristow Group (NYSE:VTOL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.92 EPS for the quarter, beating the consensus estimate 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 6.50% and a net margin of 3.93%.

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.