Bristow Group Inc. (NYSE:VTOL) Shares Bought by Barclays PLC

Barclays PLC raised its position in Bristow Group Inc. (NYSE:VTOL) by 287.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 37,691 shares of the company’s stock after acquiring an additional 27,953 shares during the quarter. Barclays PLC’s holdings in Bristow Group were worth $1,308,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Abner Herrman & Brock LLC acquired a new position in shares of Bristow Group during the third quarter worth about $201,000. Intech Investment Management LLC acquired a new position in shares of Bristow Group during the third quarter worth about $212,000. Quest Partners LLC grew its position in shares of Bristow Group by 32.7% during the third quarter. Quest Partners LLC now owns 6,138 shares of the company’s stock worth $213,000 after buying an additional 1,511 shares in the last quarter. ClearAlpha Technologies LP acquired a new position in shares of Bristow Group during the third quarter worth about $250,000. Finally, SG Americas Securities LLC acquired a new position in shares of Bristow Group during the third quarter worth about $284,000. 93.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Alternative Asset Manage Solus sold 4,255 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $38.02, for a total transaction of $161,775.10. Following the completion of the sale, the insider now owns 3,226,948 shares in the company, valued at $122,688,562.96. The trade was a 0.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 94,858 shares of company stock worth $3,527,946 over the last 90 days. 14.90% of the stock is owned by insiders.

Bristow Group Stock Performance

Shares of Bristow Group stock opened at $34.68 on Monday. Bristow Group Inc. has a one year low of $24.33 and a one year high of $41.50. The company has a market cap of $992.82 million, a PE ratio of 18.65 and a beta of 1.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.83. The business has a 50-day simple moving average of $35.77 and a 200-day simple moving average of $35.65.

Bristow Group (NYSE:VTOL) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.34. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. The business had revenue of $365.12 million during the quarter. During the same period in the prior year, the firm posted $0.41 earnings per share.

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.