Newtyn Management LLC Has $11.10 Million Holdings in Bristow Group Inc. (NYSE:VTOL)

Newtyn Management LLC lowered its holdings in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 42.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 323,714 shares of the company's stock after selling 237,812 shares during the period. Bristow Group comprises 1.9% of Newtyn Management LLC's portfolio, making the stock its 16th largest holding. Newtyn Management LLC owned approximately 1.13% of Bristow Group worth $11,103,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Bristow Group by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,983 shares of the company's stock worth $480,000 after purchasing an additional 517 shares during the last quarter. Sterling Capital Management LLC grew its position in shares of Bristow Group by 795.5% in the 4th quarter. Sterling Capital Management LLC now owns 788 shares of the company's stock valued at $27,000 after purchasing an additional 700 shares during the period. MetLife Investment Management LLC boosted its position in Bristow Group by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 14,932 shares of the company's stock worth $512,000 after acquiring an additional 819 shares during the last quarter. WINTON GROUP Ltd boosted its position in Bristow Group by 3.1% during the 4th quarter. WINTON GROUP Ltd now owns 31,605 shares of the company's stock worth $1,084,000 after acquiring an additional 960 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Bristow Group during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 93.29% of the company's stock.

Bristow Group Stock Down 1.8%

NYSE:VTOL traded down $0.54 during trading hours on Monday, reaching $29.46. 35,460 shares of the stock were exchanged, compared to its average volume of 138,215. Bristow Group Inc. has a twelve month low of $25.11 and a twelve month high of $41.50. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.83 and a quick ratio of 1.49. The firm has a 50 day moving average of $29.75 and a 200 day moving average of $33.45. The stock has a market cap of $847.71 million, a PE ratio of 15.84 and a beta of 1.32.

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. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. The company had revenue of $350.53 million for the quarter, compared to analysts' expectations of $353.00 million.

Insider Activity at Bristow Group

In other news, major shareholder Alternative Asset Manage Solus sold 8,323 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $32.71, for a total transaction of $272,245.33. Following the sale, the insider now directly owns 3,188,625 shares of the company's stock, valued at approximately $104,299,923.75. This represents a 0.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Maryanne Miller sold 2,200 shares of the stock in a transaction on Wednesday, March 19th. The stock was 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. This trade represents a 10.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,027 shares of company stock worth $1,149,792. Company insiders own 14.90% of the company's stock.

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.