11,233 Shares in Bristow Group Inc. (NYSE:VTOL) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas purchased a new position in Bristow Group Inc. (NYSE:VTOL - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,233 shares of the company's stock, valued at approximately $355,000.

A number of other hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP grew its position in shares of Bristow Group by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,621,027 shares of the company's stock valued at $55,600,000 after acquiring an additional 48,852 shares during the period. Taconic Capital Advisors LP lifted its position in Bristow Group by 4.9% in the fourth quarter. Taconic Capital Advisors LP now owns 1,097,927 shares of the company's stock valued at $37,659,000 after buying an additional 50,900 shares during the last quarter. Medina Value Partners LLC grew its position in Bristow Group by 5.2% in the 4th quarter. Medina Value Partners LLC now owns 618,036 shares of the company's stock valued at $21,199,000 after acquiring an additional 30,568 shares in the last quarter. American Century Companies Inc. raised 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 purchasing an additional 105,834 shares in the last quarter. Finally, Western Standard LLC increased its holdings in shares of Bristow Group by 41.5% in the 4th quarter. Western Standard LLC now owns 563,318 shares of the company's stock valued at $19,322,000 after acquiring an additional 165,318 shares during the last quarter. 93.29% of the stock is owned by institutional investors and hedge funds.

Bristow Group Stock Performance

Bristow Group stock traded up $0.42 during mid-day trading on Tuesday, reaching $35.82. 168,364 shares of the company were exchanged, compared to its average volume of 143,628. Bristow Group Inc. has a twelve month low of $25.11 and a twelve month high of $41.50. The firm's 50-day simple moving average is $32.22 and its two-hundred day simple moving average is $32.41. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.47 and a current ratio of 1.84. The firm has a market cap of $1.03 billion, a PE ratio of 9.18 and a beta of 1.34.

Bristow Group (NYSE:VTOL - Get Free Report) last posted its quarterly earnings results 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. The company had revenue of $350.53 million during the quarter, compared to the consensus estimate of $353.00 million. Bristow Group had a net margin of 8.09% and a return on equity of 12.95%.

Insider Buying and Selling at Bristow Group

In other Bristow Group news, Director Lorin L. Brass sold 1,131 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $33.50, for a total transaction of $37,888.50. Following the completion of the sale, the director owned 31,955 shares in the company, valued at $1,070,492.50. This trade represents a 3.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alternative Asset Manage Solus sold 45,857 shares of Bristow Group stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $33.49, for a total value of $1,535,750.93. Following the completion of the transaction, the insider owned 3,076,796 shares of the company's stock, valued at approximately $103,041,898.04. The trade was a 1.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 47,085 shares of company stock valued at $1,576,889 in the last three months. Company insiders own 13.40% of the company's stock.

Bristow Group 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.