Principal Financial Group Inc. lowered its stake in Bristow Group Inc. (NYSE:VTOL – Free Report) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,244 shares of the company’s stock after selling 4,599 shares during the quarter. Principal Financial Group Inc. owned about 0.46% of Bristow Group worth $3,641,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of VTOL. Swiss National Bank grew its stake in Bristow Group by 7.1% during the 1st quarter. Swiss National Bank now owns 16,700 shares of the company’s stock valued at $619,000 after acquiring an additional 1,100 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Bristow Group by 293.4% during the first quarter. JPMorgan Chase & Co. now owns 183,280 shares of the company’s stock worth $6,796,000 after acquiring an additional 136,686 shares in the last quarter. Citigroup Inc. raised its stake in Bristow Group by 10.8% during the first quarter. Citigroup Inc. now owns 19,598 shares of the company’s stock worth $727,000 after acquiring an additional 1,906 shares in the last quarter. Bank of Montreal Can acquired a new position in Bristow Group during the first quarter worth $226,000. Finally, MetLife Investment Management LLC grew its holdings in shares of Bristow Group by 57.0% during the first quarter. MetLife Investment Management LLC now owns 13,043 shares of the company’s stock worth $484,000 after purchasing an additional 4,735 shares during the last quarter. 93.97% of the stock is currently owned by institutional investors.
Bristow Group Price Performance
Bristow Group stock opened at $26.03 on Thursday. The business’s 50-day simple moving average is $26.81 and its 200 day simple moving average is $27.55. The stock has a market cap of $735.35 million, a price-to-earnings ratio of -123.95 and a beta of 1.36. Bristow Group Inc. has a 12-month low of $20.08 and a 12-month high of $31.89. The company has a quick ratio of 1.42, a current ratio of 1.71 and a debt-to-equity ratio of 0.67.
Insider Buying and Selling at Bristow Group
About Bristow Group
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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