Everence Capital Management Inc. Buys 4,640 Shares of Bristow Group Inc. (NYSE:VTOL)

Everence Capital Management Inc. grew its holdings in Bristow Group Inc. (NYSE:VTOL) by 13.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 39,022 shares of the company’s stock after buying an additional 4,640 shares during the quarter. Everence Capital Management Inc.’s holdings in Bristow Group were worth $1,103,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VTOL. Brown Advisory Inc. bought a new stake in shares of Bristow Group in the third quarter valued at approximately $9,877,000. Western Standard LLC raised its position in shares of Bristow Group by 48.4% in the second quarter. Western Standard LLC now owns 682,532 shares of the company’s stock valued at $19,609,000 after purchasing an additional 222,637 shares during the period. Wellington Management Group LLP raised 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 purchasing an additional 184,700 shares during the period. JPMorgan Chase & Co. raised its position in shares of Bristow Group by 293.4% in the first quarter. JPMorgan Chase & Co. now owns 183,280 shares of the company’s stock valued at $6,796,000 after purchasing an additional 136,686 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Bristow Group by 12.5% in the first quarter. Dimensional Fund Advisors LP now owns 791,366 shares of the company’s stock valued at $17,726,000 after purchasing an additional 88,199 shares during the period. Institutional investors own 93.29% of the company’s stock.

Bristow Group Stock Performance

NYSE VTOL opened at $24.89 on Wednesday. The company’s 50 day moving average is $26.61 and its 200-day moving average is $26.82. 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 1.50, a current ratio of 1.82 and a debt-to-equity ratio of 0.65. The firm has a market cap of $704.81 million, a P/E ratio of -103.69 and a beta of 1.33.

Bristow Group (NYSE:VTOL) last posted its earnings results on Tuesday, March 5th. The company reported ($0.28) earnings per share for the quarter. The firm had revenue of $337.93 million for the quarter. Bristow Group had a negative return on equity of 0.84% and a negative net margin of 0.52%.

Insider Buying and Selling

In related news, EVP David F. Stepanek sold 9,033 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $26.13, for a total transaction of $236,032.29. Following the sale, the executive vice president now owns 46,878 shares of the company’s stock, valued at approximately $1,224,922.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 15.00% of the stock is currently owned by insiders.

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.