Los Angeles Capital Management LLC Has $1.12 Million Stock Holdings in Bristow Group Inc. (NYSE:VTOL)

Los Angeles Capital Management LLC trimmed its stake in Bristow Group Inc. (NYSE:VTOLFree Report) by 23.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,665 shares of the company’s stock after selling 11,955 shares during the quarter. Los Angeles Capital Management LLC owned about 0.14% of Bristow Group worth $1,117,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in Bristow Group by 20.2% in the second quarter. Dimensional Fund Advisors LP now owns 951,527 shares of the company’s stock worth $27,337,000 after purchasing an additional 160,161 shares during the period. Donald Smith & CO. Inc. grew its holdings in Bristow Group by 2.0% in the second quarter. Donald Smith & CO. Inc. now owns 129,942 shares of the company’s stock worth $3,733,000 after purchasing an additional 2,529 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Bristow Group by 28.1% in the third quarter. Harbor Capital Advisors Inc. now owns 18,301 shares of the company’s stock worth $516,000 after purchasing an additional 4,015 shares during the period. Brown Advisory Inc. acquired a new stake in Bristow Group in the third quarter worth $9,877,000. Finally, Acadian Asset Management LLC acquired a new stake in Bristow Group in the second quarter worth $37,000. 93.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 39,047 shares of Bristow Group stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $26.05, for a total transaction of $1,017,174.35. Following the transaction, the insider now owns 3,451,028 shares of the company’s stock, valued at approximately $89,899,279.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 65,974 shares of company stock worth $1,725,867 in the last quarter. Insiders own 15.00% of the company’s stock.

Bristow Group Trading Down 2.8 %

VTOL opened at $26.38 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.71 and a quick ratio of 1.42. Bristow Group Inc. has a fifty-two week low of $20.08 and a fifty-two week high of $31.89. The firm has a market capitalization of $745.24 million, a PE ratio of -125.62 and a beta of 1.36. The company’s 50-day moving average is $26.83 and its 200 day moving average is $27.67.

Bristow Group (NYSE:VTOLGet Free Report) last posted its earnings results on Wednesday, November 1st. The company reported $0.15 earnings per share for the quarter. Bristow Group had a negative net margin of 0.46% and a negative return on equity of 0.73%. The company had revenue of $338.09 million for the quarter.

About Bristow Group

(Free Report)

Bristow Group Inc provides vertical flight solutions. It primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue (SAR), medevac, ad hoc helicopter, and fixed wing transportation services, as well as logistical and maintenance support, training services, and flight and maintenance crews.

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Institutional Ownership by Quarter for Bristow Group (NYSE:VTOL)

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