12,371 Shares in Bristow Group Inc. $VTOL Acquired by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds LLC has acquired a stake of 12,371 shares in Bristow Group Inc., valued at approximately $408,000, during the second quarter.
• Several institutional investors, including Brown Advisory Inc. and American Century Companies Inc., have recently increased their stakes in Bristow Group, which now has 93.29% of its stock owned by institutional investors and hedge funds.
• Analysts have upgraded Bristow Group's stock rating from "hold" to "buy", indicating positive sentiment in the market about the company’s potential growth.

Counterpoint Mutual Funds LLC acquired a new stake in Bristow Group Inc. (NYSE:VTOL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,371 shares of the company's stock, valued at approximately $408,000.

A number of other institutional investors have also recently bought and sold shares of VTOL. Brown Advisory Inc. lifted its stake in shares of Bristow Group by 17.7% in the 1st quarter. Brown Advisory Inc. now owns 1,009,740 shares of the company's stock valued at $31,888,000 after purchasing an additional 151,784 shares during the period. American Century Companies Inc. increased its holdings in Bristow Group by 14.5% in the first quarter. American Century Companies Inc. now owns 663,001 shares of the company's stock valued at $20,938,000 after purchasing an additional 84,061 shares during the last quarter. Nuveen LLC acquired a new position in Bristow Group in the first quarter valued at about $2,588,000. Empyrean Capital Partners LP boosted its holdings in Bristow Group by 4.6% during the first quarter. Empyrean Capital Partners LP now owns 1,130,000 shares of the company's stock worth $35,685,000 after buying an additional 50,000 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its position in shares of Bristow Group by 30.8% during the 1st quarter. Bridgeway Capital Management LLC now owns 168,802 shares of the company's stock worth $5,331,000 after buying an additional 39,787 shares during the period. Institutional investors and hedge funds own 93.29% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Bristow Group from a "hold" rating to a "buy" rating in a research note on Friday, September 5th.

Bristow Group Trading Up 1.4%

NYSE VTOL opened at $37.23 on Wednesday. Bristow Group Inc. has a one year low of $25.11 and a one year high of $39.31. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.81 and a quick ratio of 1.44. The firm has a market cap of $1.07 billion, a P/E ratio of 9.28 and a beta of 1.28. The stock's 50-day moving average is $37.09 and its 200-day moving average is $33.06.

Bristow Group (NYSE:VTOL - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.31. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%.The business had revenue of $376.43 million during the quarter, compared to analysts' expectations of $380.00 million. Bristow Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

Insiders Place Their Bets

In related news, CFO Jennifer Dawn Whalen sold 5,000 shares of the company's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $37.55, for a total value of $187,750.00. Following the completion of the transaction, the chief financial officer directly owned 94,203 shares of the company's stock, valued at approximately $3,537,322.65. This represents a 5.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maryanne Miller sold 1,800 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $38.37, for a total value of $69,066.00. Following the transaction, the director owned 22,452 shares of the company's stock, valued at approximately $861,483.24. This trade represents a 7.42% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,581 shares of company stock worth $1,291,103 in the last ninety days. 13.40% of the stock is owned by insiders.

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.

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