Wellington Management Group LLP Has $11.19 Million Stock Holdings in Bristow Group Inc. (NYSE:VTOL)

Wellington Management Group LLP trimmed its stake in Bristow Group Inc. (NYSE:VTOL) by 6.0% in the fourth quarter, HoldingsChannel reports. The firm owned 395,966 shares of the company’s stock after selling 25,334 shares during the period. Wellington Management Group LLP’s holdings in Bristow Group were worth $11,194,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Dimensional Fund Advisors LP grew its holdings in Bristow Group by 12.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,264,574 shares of the company’s stock worth $35,750,000 after purchasing an additional 142,065 shares during the period. Brown Advisory Inc. grew its holdings in Bristow Group by 98.7% in the fourth quarter. Brown Advisory Inc. now owns 696,582 shares of the company’s stock worth $19,692,000 after purchasing an additional 345,971 shares during the period. Newtyn Management LLC lifted its stake in shares of Bristow Group by 2.8% in the third quarter. Newtyn Management LLC now owns 692,896 shares of the company’s stock valued at $19,519,000 after buying an additional 18,626 shares in the last quarter. Clayton Partners LLC lifted its stake in shares of Bristow Group by 4.7% in the fourth quarter. Clayton Partners LLC now owns 294,691 shares of the company’s stock valued at $8,331,000 after buying an additional 13,145 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Bristow Group by 7.0% in the third 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 in the last quarter. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Bristow Group Stock Up 0.3 %

Bristow Group stock opened at $33.56 on Thursday. Bristow Group Inc. has a 1-year low of $24.33 and a 1-year high of $38.28. The firm has a market capitalization of $952.77 million, a price-to-earnings ratio of 839.00 and a beta of 1.35. The firm’s fifty day moving average price is $32.25 and its two-hundred day moving average price is $28.67. The company has a current ratio of 1.73, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65.

Bristow Group (NYSE:VTOL) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.23 earnings per share for the quarter. Bristow Group had a net margin of 0.10% and a return on equity of 0.17%. The firm had revenue of $337.09 million for the quarter.

Insider Buying and Selling at Bristow Group

In related news, EVP David F. Stepanek sold 16,667 shares of the firm’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $32.92, for a total transaction of $548,677.64. Following the transaction, the executive vice president now directly owns 47,668 shares of the company’s stock, valued at $1,569,230.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 14.90% of the company’s stock.

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.