Mraz Amerine & Associates Inc. Cuts Stock Position in Bristow Group Inc. (NYSE:VTOL)

Mraz Amerine & Associates Inc. decreased its holdings in shares of Bristow Group Inc. (NYSE:VTOL) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,819 shares of the company’s stock after selling 325 shares during the period. Mraz Amerine & Associates Inc. owned about 0.08% of Bristow Group worth $817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in Bristow Group during the third quarter valued at $284,000. New York State Teachers Retirement System lifted its stake in Bristow Group by 5.7% in the 3rd quarter. New York State Teachers Retirement System now owns 16,683 shares of the company’s stock valued at $579,000 after buying an additional 900 shares in the last quarter. Empowered Funds LLC boosted its holdings in Bristow Group by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 37,362 shares of the company’s stock worth $1,296,000 after buying an additional 1,876 shares during the last quarter. Quest Partners LLC raised its holdings in shares of Bristow Group by 32.7% during the third quarter. Quest Partners LLC now owns 6,138 shares of the company’s stock valued at $213,000 after acquiring an additional 1,511 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Bristow Group in the third quarter valued at approximately $298,000. Hedge funds and other institutional investors own 93.29% of the company’s stock.

Insiders Place Their Bets

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 4,255 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $38.02, for a total value of $161,775.10. Following the transaction, the insider now directly owns 3,226,948 shares of the company’s stock, valued at $122,688,562.96. This trade represents a 0.13 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 14.90% of the stock is currently owned by corporate insiders.

Bristow Group Stock Performance

Shares of NYSE:VTOL opened at $36.44 on Tuesday. The business’s 50 day moving average price is $34.90 and its 200-day moving average price is $35.68. Bristow Group Inc. has a 1 year low of $24.33 and a 1 year high of $41.50. 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 firm has a market capitalization of $1.04 billion, a PE ratio of 19.59 and a beta of 1.35.

About Bristow Group

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.