Barclays PLC boosted its holdings in shares of Bristow Group Inc. (NYSE:VTOL – Free Report) by 287.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 37,691 shares of the company’s stock after buying an additional 27,953 shares during the period. Barclays PLC’s holdings in Bristow Group were worth $1,308,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its position in Bristow Group by 7.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,401 shares of the company’s stock worth $315,000 after purchasing an additional 620 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Bristow Group by 0.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 237,043 shares of the company’s stock valued at $8,223,000 after acquiring an additional 674 shares in the last quarter. Rhumbline Advisers lifted its holdings in Bristow Group by 1.0% in the 2nd quarter. Rhumbline Advisers now owns 77,862 shares of the company’s stock worth $2,611,000 after purchasing an additional 795 shares during the last quarter. New York State Teachers Retirement System boosted its position in Bristow Group by 5.7% during the third quarter. New York State Teachers Retirement System now owns 16,683 shares of the company’s stock worth $579,000 after purchasing an additional 900 shares during the period. Finally, Atom Investors LP grew its holdings in Bristow Group by 1.5% during the third quarter. Atom Investors LP now owns 92,536 shares of the company’s stock valued at $3,210,000 after purchasing an additional 1,363 shares during the last quarter. 93.29% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Bristow Group
In other news, major shareholder Alternative Asset Manage Solus sold 42,150 shares of Bristow Group stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $38.10, for a total transaction of $1,605,915.00. Following the sale, the insider now owns 3,306,855 shares of the company’s stock, valued at approximately $125,991,175.50. This trade represents a 1.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 94,858 shares of company stock worth $3,527,946 in the last ninety days. 14.90% of the stock is currently owned by insiders.
Bristow Group Stock Performance
Bristow Group (NYSE:VTOL – Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.34. The business had revenue of $365.12 million during the quarter. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. During the same period in the prior year, the firm posted $0.41 EPS.
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.
Featured Stories
- Five stocks we like better than Bristow Group
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Buffett Takes the Bait; Berkshire Buys More Oxy in December
- When to Sell a Stock for Profit or Loss
- Top 3 ETFs to Hedge Against Inflation in 2025
- Pros And Cons Of Monthly Dividend Stocks
- These 3 Chip Stock Kings Are Still Buys for 2025
Want to see what other hedge funds are holding VTOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristow Group Inc. (NYSE:VTOL – Free Report).
Receive News & Ratings for Bristow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristow Group and related companies with MarketBeat.com's FREE daily email newsletter.