98,112 Shares in Bristow Group Inc. $VTOL Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Bristow Group Inc. (NYSE:VTOL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 98,112 shares of the company’s stock, valued at approximately $3,540,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Bristow Group in the second quarter worth approximately $25,000. CWM LLC raised its position in Bristow Group by 208.4% in the 2nd quarter. CWM LLC now owns 1,351 shares of the company’s stock valued at $45,000 after buying an additional 913 shares during the last quarter. Strs Ohio bought a new position in Bristow Group during the 1st quarter valued at $44,000. Tower Research Capital LLC TRC boosted its holdings in Bristow Group by 296.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,508 shares of the company’s stock worth $83,000 after acquiring an additional 1,876 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Bristow Group in the 2nd quarter worth $90,000. 93.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Bristow Group from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Jones Trading began coverage on Bristow Group in a research report on Friday, January 23rd. They set a “buy” rating for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Bristow Group in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Insider Buying and Selling at Bristow Group

In other news, Director Lorin L. Brass sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $38.00, for a total value of $95,000.00. Following the sale, the director owned 21,705 shares of the company’s stock, valued at $824,790. The trade was a 10.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert Manzo sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $38.75, for a total transaction of $232,500.00. Following the completion of the transaction, the director directly owned 32,583 shares of the company’s stock, valued at approximately $1,262,591.25. This trade represents a 15.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 221,000 shares of company stock valued at $8,417,775 in the last three months. 13.40% of the stock is owned by company insiders.

Bristow Group Stock Performance

NYSE:VTOL opened at $44.09 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.91 and a quick ratio of 1.53. The business has a fifty day simple moving average of $38.30 and a two-hundred day simple moving average of $37.80. Bristow Group Inc. has a 1 year low of $25.11 and a 1 year high of $45.55. The company has a market capitalization of $1.28 billion, a P/E ratio of 9.22 and a beta of 1.39.

Bristow Group (NYSE:VTOL) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.78. Bristow Group had a return on equity of 14.83% and a net margin of 9.71%.The company had revenue of $386.29 million during the quarter, compared to the consensus estimate of $400.00 million.

About Bristow Group

Bristow Group Inc is a global provider of helicopter services to the offshore energy industry and search-and-rescue (SAR) operations worldwide. The company specializes in the safe and efficient transport of personnel, equipment and supplies to offshore oil and gas platforms, as well as emergency response and medevac services. Bristow’s operations support exploration, production and decommissioning activities, helping energy companies maintain continuity of production in some of the world’s most challenging environments.

The company maintains a diverse fleet of turbine-powered helicopters, including medium- and heavy-lift aircraft such as the Sikorsky S-92, Airbus H225 (formerly EC225) and Leonardo AW189.