Bristow Group Inc. (NYSE:BRS) Director Ian Godden acquired 2,000 shares of the business’s stock in a transaction dated Friday, November 18th. The shares were bought at an average price of $13.71 per share, for a total transaction of $27,420.00. Following the acquisition, the director now owns 28,673 shares of the company’s stock, valued at $393,106.83. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Ian Godden also recently made the following trade(s):

  • On Friday, September 16th, Ian Godden purchased 2,200 shares of Bristow Group stock. The stock was acquired at an average price of $11.19 per share, for a total transaction of $24,618.00.

Bristow Group Inc. (NYSE:BRS) opened at 14.96 on Wednesday. The stock’s 50 day moving average price is $12.35 and its 200-day moving average price is $12.74. The stock’s market cap is $525.02 million. Bristow Group Inc. has a 12 month low of $9.17 and a 12 month high of $31.87.

Bristow Group (NYSE:BRS) last posted its earnings results on Thursday, November 3rd. The company reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.12. The firm earned $343.70 million during the quarter, compared to analysts’ expectations of $371.86 million. Bristow Group had a positive return on equity of 0.32% and a negative net margin of 6.01%. The firm’s revenue was down 18.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.04 earnings per share. Equities research analysts predict that Bristow Group Inc. will post ($1.59) EPS for the current year.

Insider Buying and Selling by Quarter for Bristow Group (NYSE:BRS)

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend is Tuesday, November 29th. Bristow Group’s payout ratio is -10.57%.

Large investors have recently bought and sold shares of the company. Emerald Acquisition Ltd. acquired a new stake in Bristow Group during the second quarter valued at $785,000. Ngam Advisors L.P. boosted its stake in shares of Bristow Group by 18.3% in the second quarter. Ngam Advisors L.P. now owns 111,020 shares of the company’s stock worth $1,267,000 after buying an additional 17,207 shares in the last quarter. Whittier Trust Co. boosted its stake in shares of Bristow Group by 1.2% in the second quarter. Whittier Trust Co. now owns 15,349 shares of the company’s stock worth $175,000 after buying an additional 186 shares in the last quarter. Bank of Montreal Can purchased a new stake in shares of Bristow Group during the second quarter worth $148,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Bristow Group during the second quarter worth $313,000.

Several equities analysts recently weighed in on BRS shares. Zacks Investment Research upgraded shares of Bristow Group from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Tuesday, August 2nd. Barclays PLC downgraded shares of Bristow Group from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $20.00 to $16.00 in a report on Tuesday, November 8th. Capital One Financial Corp. downgraded shares of Bristow Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 16th. Finally, Cowen and Company cut their price target on shares of Bristow Group from $18.00 to $14.00 and set an “outperform” rating on the stock in a report on Thursday, September 1st. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $19.00.

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Bristow Group Company Profile

Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.

5 Day Chart for NYSE:BRS

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