Hartree Partners LP Purchases Shares of 74,355 Bristow Group Inc. (NYSE:VTOL)

Hartree Partners LP purchased a new position in shares of Bristow Group Inc. (NYSE:VTOL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 74,355 shares of the company’s stock, valued at approximately $2,550,000. Bristow Group comprises approximately 0.9% of Hartree Partners LP’s investment portfolio, making the stock its 27th biggest holding. Hartree Partners LP owned approximately 0.26% of Bristow Group as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Bristow Group in the third quarter worth $298,000. Intech Investment Management LLC bought a new stake in Bristow Group in the third quarter valued at approximately $212,000. Charles Schwab Investment Management Inc. grew its holdings in Bristow Group by 0.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 237,043 shares of the company’s stock worth $8,223,000 after acquiring an additional 674 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Bristow Group by 35.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,679 shares of the company’s stock valued at $891,000 after purchasing an additional 6,723 shares during the last quarter. Finally, Atom Investors LP lifted its stake in Bristow Group by 1.5% in the third quarter. Atom Investors LP now owns 92,536 shares of the company’s stock worth $3,210,000 after acquiring an additional 1,363 shares during the period. 93.29% of the stock is currently owned by institutional investors.

Bristow Group Price Performance

VTOL stock opened at $31.79 on Friday. The firm has a 50-day moving average of $34.16 and a 200 day moving average of $34.92. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.83 and a quick ratio of 1.49. The company has a market cap of $910.18 million, a P/E ratio of 17.09 and a beta of 1.39. Bristow Group Inc. has a 1 year low of $24.33 and a 1 year high of $41.50.

Bristow Group (NYSE:VTOL) last posted its earnings results on Wednesday, February 26th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.46. Bristow Group had a return on equity of 6.50% and a net margin of 3.93%. The business had revenue of $353.53 million during the quarter, compared to analyst estimates of $367.00 million.

Insider Buying and Selling at Bristow Group

In other Bristow Group news, Director Lorin L. Brass sold 2,700 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $37.00, for a total value of $99,900.00. Following the completion of the sale, the director now directly owns 28,104 shares of the company’s stock, valued at $1,039,848. The trade was a 8.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maryanne Miller sold 2,200 shares of the firm’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $32.15, for a total value of $70,730.00. Following the transaction, the director now owns 19,173 shares in the company, valued at approximately $616,411.95. This represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,027 shares of company stock valued at $1,149,792 over the last ninety days. 14.90% of the stock is currently owned by company insiders.

Bristow Group 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.