2 weeks Ago By ABMN Staff
Legal & General Group Plc lowered its holdings in Bristow Group Inc. ( NYSE:VTOL – Free Report ) by 5.5% in the 4th quarter, HoldingsChannel.
com reports. The firm owned 52,030 shares of the company’s stock after selling 3,025 shares during the quarter. Legal & General Group Plc’s holdings in Bristow Group were worth $1,785,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. KLP Kapitalforvaltning AS purchased a new position in shares of Bristow Group during the fourth quarter valued at approximately $34,000. Wolverine Asset Management LLC boosted its holdings in Bristow Group by 105.
3% during the 4th quarter. Wolverine Asset Management LLC now owns 1,725 shares of the company’s stock worth $59,000 after acquiring an additional 34,400 shares during the last quarter. Counterpoint Mutual Funds LLC grew its stake in shares of Bristow Group by 82.
8% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 11,637 shares of the company’s stock worth $399,000 after acquiring an additional 5,270 shares in the last quarter. Birnam Oak Advisors LP purchased a new stake in shares of Bristow Group in the fourth quarter valued at about $468,000.
Finally, Wells Fargo & Company MN lifted its position in shares of Bristow Group by 29.6% during the fourth quarter. Wells Fargo & Company MN now owns 14,841 shares of the company’s stock valued at $509,000 after purchasing an additional 3,392 shares in the last quarter.
Institutional investors own 93.29% of the company’s stock. Insider Transactions at Bristow Group In related news, major shareholder Alternative Asset Manage Solus sold 9,875 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th.
The stock was sold at an average price of $32.08, for a total value of $316,790.00.
Following the transaction, the insider now owns 3,166,821 shares in the company, valued at approximately $101,591,617.68. This represents a 0.
31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, Director Maryanne Miller sold 2,200 shares of the stock in a transaction on Wednesday, March 19th.
The shares were sold at an average price of $32.15, for a total value of $70,730.00.
Following the transaction, the director now directly owns 19,173 shares of the company’s stock, valued at approximately $616,411.95. This trade represents a 10.
29 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 35,027 shares of company stock worth $1,149,792 in the last ninety days.
Company insiders own 14.90% of the company’s stock. Bristow Group Trading Up 2.
2 % Bristow Group ( NYSE:VTOL – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.
61 by $0.46. Bristow Group had a return on equity of 6.
50% and a net margin of 3.93%. The company had revenue of $353.
53 million during the quarter, compared to the consensus estimate of $367.00 million. Bristow Group Profile ( Free Report ) 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. Recommended Stories 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.
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