State of Alaska Department of Revenue Has $381,000 Holdings in Bristow Group Inc. (NYSE:VTOL)

State of Alaska Department of Revenue cut its stake in Bristow Group Inc. (NYSE:VTOL – Get Rating) by 7.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,254 shares of the company’s stock after selling 1,295 shares during the period. State of Alaska Department of Revenue’s holdings in Bristow Group were worth $381,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Gladius Capital Management LP acquired a new stake in Bristow Group during the 2nd quarter valued at $40,000. KBC Group NV acquired a new stake in Bristow Group during the 2nd quarter valued at $47,000. Captrust Financial Advisors increased its holdings in Bristow Group by 76.1% during the 1st quarter. Captrust Financial Advisors now owns 1,444 shares of the company’s stock valued at $54,000 after purchasing an additional 624 shares in the last quarter. Mutual of America Capital Management LLC increased its holdings in Bristow Group by 16.7% during the 2nd quarter. Mutual of America Capital Management LLC now owns 3,898 shares of the company’s stock valued at $91,000 after purchasing an additional 559 shares in the last quarter. Finally, Quantbot Technologies LP increased its holdings in Bristow Group by 708.1% during the 2nd quarter. Quantbot Technologies LP now owns 5,091 shares of the company’s stock valued at $119,000 after purchasing an additional 4,461 shares in the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds.

Bristow Group Trading Up 1.1 %

VTOL stock opened at $28.93 on Friday. The business has a fifty day moving average price of $25.86 and a 200 day moving average price of $26.12. Bristow Group Inc. has a fifty-two week low of $21.61 and a fifty-two week high of $40.10. The stock has a market capitalization of $810.62 million, a price-to-earnings ratio of 50.76 and a beta of 1.34. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.78 and a quick ratio of 1.51.

Bristow Group (NYSE:VTOL – Get Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.58 EPS for the quarter. The firm had revenue of $307.27 million for the quarter. Bristow Group had a return on equity of 2.50% and a net margin of 1.35%.

Bristow Group Company Profile

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Bristow Group, Inc provides offshore oil and gas transportation, and search and rescue and aircraft support services to government and civil organizations. The company’s services include global SAR, helicopter sales, maintenance and modifications, training, oil & gas, and unmanned aircraft system solutions.