Allspring Global Investments Holdings LLC Has $1.72 Million Position in Bristow Group Inc. (NYSE:VTOL)

Allspring Global Investments Holdings LLC reduced its holdings in Bristow Group Inc. (NYSE:VTOLGet Rating) by 36.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 73,052 shares of the company’s stock after selling 41,101 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Bristow Group were worth $1,715,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VTOL. Gladius Capital Management LP acquired a new position in Bristow Group in the second quarter valued at approximately $40,000. KBC Group NV acquired a new position in Bristow Group in the second quarter valued at approximately $47,000. Captrust Financial Advisors lifted its holdings in Bristow Group by 76.1% in the first quarter. Captrust Financial Advisors now owns 1,444 shares of the company’s stock valued at $54,000 after buying an additional 624 shares during the period. Mutual of America Capital Management LLC raised its holdings in Bristow Group by 16.7% in the second quarter. Mutual of America Capital Management LLC now owns 3,898 shares of the company’s stock worth $91,000 after purchasing an additional 559 shares during the period. Finally, Quantbot Technologies LP raised its holdings in Bristow Group by 708.1% in the second quarter. Quantbot Technologies LP now owns 5,091 shares of the company’s stock worth $119,000 after purchasing an additional 4,461 shares during the period. 95.30% of the stock is currently owned by institutional investors and hedge funds.

Bristow Group Trading Up 1.7 %

VTOL opened at $28.86 on Friday. The firm’s fifty day moving average is $26.01 and its two-hundred day moving average is $26.23. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.51 and a current ratio of 1.78. The firm has a market cap of $808.54 million, a PE ratio of 50.63 and a beta of 1.34. Bristow Group Inc. has a twelve month low of $21.61 and a twelve month high of $40.10.

Bristow Group (NYSE:VTOLGet Rating) last posted its earnings results on Wednesday, November 2nd. The company reported $0.58 earnings per share for the quarter. The company had revenue of $307.27 million for the quarter. Bristow Group had a net margin of 1.35% and a return on equity of 2.50%.

Bristow Group 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.

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

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