South Dakota Investment Council Has $140.98 Million Stock Holdings in Bristow Group Inc. (NYSE:VTOL)

South Dakota Investment Council decreased its holdings in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 4.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,987,042 shares of the company's stock after selling 255,039 shares during the period. Bristow Group makes up approximately 3.0% of South Dakota Investment Council's investment portfolio, making the stock its 5th largest holding. South Dakota Investment Council owned 17.65% of Bristow Group worth $140,984,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new position in shares of Bristow Group in the third quarter worth about $137,000. Caxton Associates LP acquired a new stake in shares of Bristow Group in the third quarter valued at $238,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Bristow Group by 6.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,899 shares of the company's stock valued at $308,000 after buying an additional 634 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Bristow Group during the third quarter worth $327,000. Finally, Louisiana State Employees Retirement System acquired a new stake in Bristow Group in the fourth quarter valued at $339,000. Hedge funds and other institutional investors own 93.29% of the company's stock.

Insider Buying and Selling

In other news, EVP David F. Stepanek sold 9,033 shares of the company's stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $26.13, for a total value of $236,032.29. Following the completion of the transaction, the executive vice president now directly owns 46,878 shares in the company, valued at $1,224,922.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 15.00% of the company's stock.

Bristow Group Stock Up 4.2 %

Shares of NYSE VTOL traded up $1.05 during mid-day trading on Tuesday, reaching $26.15. The company had a trading volume of 118,403 shares, compared to its average volume of 103,745. The firm has a 50 day simple moving average of $26.47 and a two-hundred day simple moving average of $26.76. The company has a current ratio of 1.82, a quick ratio of 1.50 and a debt-to-equity ratio of 0.65. Bristow Group Inc. has a 52-week low of $20.08 and a 52-week high of $31.89. The stock has a market cap of $740.57 million, a P/E ratio of -108.96 and a beta of 1.33.

Bristow Group (NYSE:VTOL - Get Free Report) last issued its quarterly earnings results on Tuesday, March 5th. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $337.93 million for the quarter. Bristow Group had a negative return on equity of 0.84% and a negative net margin of 0.52%.

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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