Susquehanna Fundamental Investments LLC Acquires New Holdings in Bristow Group Inc. (NYSE:VTOL)

Susquehanna Fundamental Investments LLC bought a new stake in Bristow Group Inc. (NYSE:VTOL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,768 shares of the company's stock, valued at approximately $404,000.

A number of other hedge funds have also modified their holdings of the stock. Sterling Capital Management LLC lifted its holdings in Bristow Group by 795.5% during 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 last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Bristow Group during the 4th quarter worth approximately $34,000. Wolverine Asset Management LLC raised its position in shares of Bristow Group by 105.3% during the 4th quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company's stock valued at $59,000 after acquiring an additional 34,400 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Bristow Group by 18.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,561 shares of the company's stock valued at $328,000 after purchasing an additional 1,502 shares during the last quarter. Finally, Fayez Sarofim & Co acquired a new stake in shares of Bristow Group in the 4th quarter valued at approximately $343,000. 93.29% of the stock is owned by institutional investors and hedge funds.

Bristow Group Trading Down 6.0 %

Shares of NYSE VTOL traded down $1.76 during midday trading on Wednesday, reaching $27.73. 283,297 shares of the stock were exchanged, compared to its average volume of 132,971. The business has a 50-day simple moving average of $30.33 and a two-hundred day simple moving average of $33.69. 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 company has a market capitalization of $797.87 million, a price-to-earnings ratio of 14.91 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 results on Tuesday, May 6th. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.34. The firm had revenue of $350.53 million for the quarter, compared to analyst estimates of $353.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Insider Activity at Bristow Group

In related news, Director Maryanne Miller sold 2,200 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $32.15, for a total transaction of $70,730.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lorin L. Brass sold 2,700 shares of the company's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $37.00, for a total transaction of $99,900.00. Following the sale, the director now directly owns 28,104 shares in the company, valued at $1,039,848. This trade represents a 8.77 % 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 valued at $1,149,792. 14.90% of the stock is owned by insiders.

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.