WINTON GROUP Ltd Raises Stake in Bristow Group Inc. (NYSE:VTOL)

WINTON GROUP Ltd raised its stake in shares of Bristow Group Inc. (NYSE:VTOL) by 3.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 31,605 shares of the company’s stock after purchasing an additional 960 shares during the period. WINTON GROUP Ltd’s holdings in Bristow Group were worth $1,084,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Bristow Group during the third quarter worth approximately $298,000. Intech Investment Management LLC acquired a new stake in shares of Bristow Group in the third quarter valued at approximately $212,000. Charles Schwab Investment Management Inc. grew its position in 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 buying an additional 674 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Bristow Group by 35.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,679 shares of the company’s stock worth $891,000 after purchasing an additional 6,723 shares in the last quarter. Finally, Atom Investors LP grew its holdings in Bristow Group by 1.5% in 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. Hedge funds and other institutional investors own 93.29% of the company’s stock.

Insiders Place Their Bets

In other Bristow Group news, Director Lorin L. Brass sold 2,700 shares of Bristow Group 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 owns 28,104 shares of the company’s stock, valued at $1,039,848. The trade was a 8.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Alternative Asset Manage Solus sold 8,323 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.71, for a total transaction of $272,245.33. Following the completion of the sale, the insider now directly owns 3,188,625 shares of the company’s stock, valued at $104,299,923.75. The trade was a 0.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,027 shares of company stock valued at $1,149,792 over the last 90 days. 14.90% of the stock is owned by company insiders.

Bristow Group Stock Down 2.3 %

Shares of NYSE:VTOL opened at $31.79 on Friday. The stock’s fifty day simple moving average is $34.16 and its 200-day simple moving average is $34.91. Bristow Group Inc. has a 52-week low of $24.33 and a 52-week high of $41.50. The company has a market capitalization of $910.18 million, a P/E ratio of 17.09 and a beta of 1.39. The company has a quick ratio of 1.49, a current ratio of 1.83 and a debt-to-equity ratio of 0.68.

Bristow Group (NYSE:VTOL) last announced its earnings results on Wednesday, February 26th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.46. The business had revenue of $353.53 million during the quarter, compared to the consensus estimate of $367.00 million. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

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.