California State Teachers Retirement System Sells 1,443 Shares of Bristow Group Inc. (NYSE:VTOL)

California State Teachers Retirement System lessened its holdings in Bristow Group Inc. (NYSE:VTOL) by 14.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 8,722 shares of the company’s stock after selling 1,443 shares during the quarter. California State Teachers Retirement System’s holdings in Bristow Group were worth $237,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Brown Advisory Inc. boosted its position 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 last quarter. Dimensional Fund Advisors LP grew its position in Bristow Group by 12.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,264,574 shares of the company’s stock valued at $35,750,000 after buying an additional 142,065 shares during the period. First Eagle Investment Management LLC increased its holdings in Bristow Group by 73.5% during the first quarter. First Eagle Investment Management LLC now owns 84,144 shares of the company’s stock worth $2,289,000 after buying an additional 35,644 shares during the last quarter. CM Management LLC bought a new stake in Bristow Group in the first quarter worth about $418,000. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Bristow Group in the first quarter valued at about $414,000. 93.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Benchmark lifted their price target on shares of Bristow Group from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, August 8th.

Insider Buying and Selling

In other Bristow Group news, Director Brian D. Truelove sold 3,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $37.09, for a total transaction of $111,270.00. Following the sale, the director now directly owns 33,504 shares of the company’s stock, valued at $1,242,663.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, Director Brian D. Truelove sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $37.09, for a total value of $111,270.00. Following the sale, the director now owns 33,504 shares of the company’s stock, valued at $1,242,663.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP David F. Stepanek sold 16,667 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $32.92, for a total transaction of $548,677.64. Following the sale, the executive vice president now owns 47,668 shares in the company, valued at $1,569,230.56. The disclosure for this sale can be found here. 14.90% of the stock is currently owned by insiders.

Bristow Group Stock Up 1.1 %

Shares of NYSE VTOL opened at $38.42 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.73 and a quick ratio of 1.39. The stock has a market capitalization of $1.09 billion, a PE ratio of 960.50 and a beta of 1.32. Bristow Group Inc. has a one year low of $24.33 and a one year high of $41.50. The business’s fifty day moving average price is $35.05 and its 200-day moving average price is $30.99.

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.