Los Angeles Capital Management LLC Has $782,000 Stock Holdings in Bristow Group Inc. (NYSE:VTOL)

Los Angeles Capital Management LLC trimmed its position in Bristow Group Inc. (NYSE:VTOL) by 30.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,677 shares of the company’s stock after selling 11,988 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.10% of Bristow Group worth $782,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of VTOL. Wellington Management Group LLP lifted its position in shares of Bristow Group by 78.1% in the third quarter. Wellington Management Group LLP now owns 421,300 shares of the company’s stock valued at $11,868,000 after buying an additional 184,700 shares during the last quarter. Algert Global LLC boosted its position in Bristow Group by 211.4% during the third quarter. Algert Global LLC now owns 53,650 shares of the company’s stock worth $1,511,000 after purchasing an additional 36,420 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Bristow Group during the 3rd quarter worth about $799,000. Mraz Amerine & Associates Inc. bought a new stake in shares of Bristow Group during the 3rd quarter worth about $580,000. Finally, Invesco Ltd. grew its stake in Bristow Group by 7.0% in the 3rd quarter. Invesco Ltd. now owns 287,537 shares of the company’s stock valued at $8,100,000 after buying an additional 18,721 shares during the last quarter. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Bristow Group

In related news, EVP David F. Stepanek sold 9,033 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $26.13, for a total transaction of $236,032.29. Following the transaction, the executive vice president now directly owns 46,878 shares of the company’s stock, valued at $1,224,922.14. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 15.00% of the company’s stock.

Bristow Group Trading Up 4.5 %

Shares of VTOL stock opened at $33.71 on Friday. Bristow Group Inc. has a 12-month low of $21.59 and a 12-month high of $34.42. The company has a market capitalization of $957.03 million, a PE ratio of -140.46 and a beta of 1.35. The firm has a 50 day moving average price of $26.52 and a two-hundred day moving average price of $26.75. The company has a quick ratio of 1.50, a current ratio of 1.82 and a debt-to-equity ratio of 0.65.

Bristow Group (NYSE:VTOL) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.23 earnings per share for the quarter. The business had revenue of $337.09 million during the quarter. Bristow Group had a negative return on equity of 0.84% and a negative net margin of 0.52%.

Bristow Group Company Profile

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.