Readystate Asset Management LP Acquires Shares of 16,537 Bristow Group Inc. (NYSE:VTOL)

Readystate Asset Management LP acquired a new position in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 16,537 shares of the company's stock, valued at approximately $522,000. Readystate Asset Management LP owned approximately 0.06% of Bristow Group as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Bristow Group by 3.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,983 shares of the company's stock worth $480,000 after acquiring an additional 517 shares in the last quarter. Sterling Capital Management LLC raised its holdings in shares of 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 acquiring an additional 700 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of 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. MetLife Investment Management LLC raised its holdings in shares of Bristow Group by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 14,932 shares of the company's stock worth $512,000 after acquiring an additional 819 shares in the last quarter. Finally, WINTON GROUP Ltd raised its holdings in shares of Bristow Group by 3.1% during the fourth quarter. WINTON GROUP Ltd now owns 31,605 shares of the company's stock worth $1,084,000 after acquiring an additional 960 shares in the last quarter. 93.29% of the stock is owned by institutional investors.

Insider Activity

In other Bristow Group news, Director Lorin L. Brass sold 1,131 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $33.50, for a total transaction of $37,888.50. Following the transaction, the director directly owned 31,955 shares in the company, valued at $1,070,492.50. This trade represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Alternative Asset Manage Solus sold 45,857 shares of the firm's stock in a transaction dated 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 transaction, the insider owned 3,076,796 shares in the company, valued at approximately $103,041,898.04. This trade represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,085 shares of company stock worth $1,576,889. Corporate insiders own 13.40% of the company's stock.

Bristow Group Stock Down 2.5%

Shares of NYSE:VTOL traded down $0.93 during midday trading on Friday, hitting $35.96. 115,318 shares of the stock were exchanged, compared to its average volume of 166,927. 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 52-week low of $25.11 and a 52-week high of $41.50. The business's fifty day simple moving average is $32.82 and its two-hundred day simple moving average is $32.45. The company has a market capitalization of $1.03 billion, a PE ratio of 9.22 and a beta of 1.34.

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 the consensus estimate of $0.58 by $0.34. Bristow Group had a return on equity of 12.95% and a net margin of 8.09%. The business had revenue of $350.53 million during the quarter, compared to analyst estimates of $353.00 million.

Bristow Group Company 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.