Bristow Group Inc. (NYSE:VTOL) Director Sells $70,730.00 in Stock

Bristow Group Inc. (NYSE:VTOL) Director Maryanne Miller sold 2,200 shares of the firm’s stock in a transaction that occurred 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 completion of 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 legal filing with the SEC, which is accessible through the SEC website.

Bristow Group Stock Performance

VTOL stock opened at $31.38 on Friday. Bristow Group Inc. has a twelve month low of $24.33 and a twelve month high of $41.50. The company has a quick ratio of 1.49, a current ratio of 1.83 and a debt-to-equity ratio of 0.68. The company has a market cap of $898.50 million, a P/E ratio of 16.87 and a beta of 1.39. The business’s fifty day moving average is $34.54 and its 200-day moving average is $35.05.

Bristow Group (NYSE:VTOL) last issued its earnings results on Wednesday, February 26th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.46. The firm had revenue of $353.53 million for the quarter, compared to analysts’ expectations of $367.00 million. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Bristow Group by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,983 shares of the company’s stock worth $480,000 after purchasing an additional 517 shares during the period. Charles Schwab Investment Management Inc. increased its position 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 buying an additional 674 shares in the last quarter. Sterling Capital Management LLC raised its stake in Bristow Group by 795.5% during the 4th quarter. Sterling Capital Management LLC now owns 788 shares of the company’s stock worth $27,000 after buying an additional 700 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Bristow Group by 2.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,402 shares of the company’s stock worth $906,000 after acquiring an additional 723 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in Bristow Group by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 14,932 shares of the company’s stock valued at $512,000 after acquiring an additional 819 shares during the period. Institutional investors and hedge funds own 93.29% of the company’s stock.

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.