Taconic Capital Advisors LP Has $37.66 Million Stock Holdings in Bristow Group Inc. (NYSE:VTOL)

Taconic Capital Advisors LP boosted its stake in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,097,927 shares of the company's stock after purchasing an additional 50,900 shares during the period. Bristow Group comprises 13.2% of Taconic Capital Advisors LP's portfolio, making the stock its 3rd largest holding. Taconic Capital Advisors LP owned about 3.83% of Bristow Group worth $37,659,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sterling Capital Management LLC raised its position in Bristow Group by 795.5% in the fourth quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock worth $27,000 after acquiring an additional 700 shares during the period. KLP Kapitalforvaltning AS bought a new position in Bristow Group in the fourth quarter worth approximately $34,000. Wolverine Asset Management LLC raised its position in Bristow Group by 105.3% in the fourth 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 during the period. BNP Paribas Financial Markets bought a new position in Bristow Group in the fourth quarter worth approximately $118,000. Finally, Aquatic Capital Management LLC purchased a new stake in shares of Bristow Group in the fourth quarter worth $142,000. Institutional investors own 93.29% of the company's stock.

Bristow Group Price Performance

Shares of NYSE VTOL traded up $0.25 during midday trading on Friday, reaching $28.95. The stock had a trading volume of 278,205 shares, compared to its average volume of 129,290. The stock has a 50-day moving average of $29.53 and a 200-day moving average of $33.27. 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 capitalization of $833.04 million, a price-to-earnings ratio of 15.56 and a beta of 1.32. Bristow Group Inc. has a 12-month low of $25.11 and a 12-month high of $41.50.

Bristow Group (NYSE:VTOL - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.92 earnings per share (EPS) 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 analysts' expectations of $353.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Insider Transactions at Bristow Group

In other Bristow Group news, Director Maryanne Miller sold 2,200 shares of Bristow Group stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $32.15, for a total value of $70,730.00. Following the sale, the director now directly owns 19,173 shares in the company, valued at approximately $616,411.95. The trade was a 10.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lorin L. Brass sold 2,700 shares of Bristow Group stock in a transaction on Friday, February 28th. The shares were sold at an average price of $37.00, for a total transaction of $99,900.00. Following the completion of the sale, the director now owns 28,104 shares in the company, valued at approximately $1,039,848. This represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,027 shares of company stock valued at $1,149,792 over the last three months. Corporate insiders own 14.90% 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.