Great West Life Assurance Co. Can raised its stake in Bristow Group Inc (NYSE:BRS) by 8.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,572 shares of the oil and gas company’s stock after acquiring an additional 3,900 shares during the quarter. Great West Life Assurance Co. Can owned about 0.14% of Bristow Group worth $364,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in Bristow Group in the 1st quarter valued at about $249,000. ING Groep NV increased its position in Bristow Group by 100.0% in the 2nd quarter. ING Groep NV now owns 320,000 shares of the oil and gas company’s stock valued at $2,448,000 after acquiring an additional 160,000 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Bristow Group by 14.7% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 483,993 shares of the oil and gas company’s stock valued at $7,362,000 after acquiring an additional 61,868 shares in the last quarter. Teachers Advisors LLC increased its position in Bristow Group by 33.8% in the 4th quarter. Teachers Advisors LLC now owns 85,014 shares of the oil and gas company’s stock valued at $1,741,000 after acquiring an additional 21,467 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. increased its position in Bristow Group by 19.0% in the 1st quarter. Los Angeles Capital Management & Equity Research Inc. now owns 77,044 shares of the oil and gas company’s stock valued at $1,172,000 after acquiring an additional 12,283 shares in the last quarter.

In other news, insider Jonathan Baliff bought 6,500 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The shares were bought at an average cost of $7.70 per share, for a total transaction of $50,050.00. Following the acquisition, the insider now directly owns 67,344 shares in the company, valued at $518,548.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 10.00% of the stock is currently owned by corporate insiders.

Bristow Group Inc (BRS) opened at 9.21 on Tuesday. The company’s market cap is $325.36 million. Bristow Group Inc has a 1-year low of $6.21 and a 1-year high of $21.88. The company’s 50-day moving average is $7.87 and its 200 day moving average is $10.50.

Bristow Group (NYSE:BRS) last released its earnings results on Thursday, August 3rd. The oil and gas company reported ($0.83) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.11) by $0.28. The business had revenue of $352.10 million during the quarter, compared to the consensus estimate of $299.93 million. Bristow Group had a negative net margin of 13.32% and a negative return on equity of 6.83%. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.34) EPS. On average, equities analysts predict that Bristow Group Inc will post ($3.42) EPS for the current fiscal year.

Several equities research analysts have weighed in on the stock. BidaskClub cut shares of Bristow Group from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Barclays PLC set a $13.00 target price on shares of Bristow Group and gave the company a “hold” rating in a research note on Friday, May 26th. Credit Suisse Group reaffirmed a “hold” rating and issued a $10.00 target price on shares of Bristow Group in a research note on Sunday, May 28th. Zacks Investment Research lowered shares of Bristow Group from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Finally, ValuEngine raised shares of Bristow Group from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Bristow Group presently has an average rating of “Hold” and a consensus target price of $12.60.

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Bristow Group 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.

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Institutional Ownership by Quarter for Bristow Group (NYSE:BRS)

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