Voya Investment Management LLC increased its stake in shares of Bristow Group Inc (NYSE:BRS) by 21.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,965 shares of the oil and gas company’s stock after purchasing an additional 3,043 shares during the period. Voya Investment Management LLC’s holdings in Bristow Group were worth $130,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its position in shares of Bristow Group by 0.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 13,100 shares of the oil and gas company’s stock worth $100,000 after purchasing an additional 100 shares during the period. Winslow Asset Management Inc. boosted its position in shares of Bristow Group by 7.4% during the 2nd quarter. Winslow Asset Management Inc. now owns 13,075 shares of the oil and gas company’s stock worth $100,000 after purchasing an additional 900 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Bristow Group by 87.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 14,117 shares of the oil and gas company’s stock worth $108,000 after purchasing an additional 6,604 shares during the period. Arizona State Retirement System boosted its position in shares of Bristow Group by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 16,693 shares of the oil and gas company’s stock worth $128,000 after purchasing an additional 100 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of Bristow Group during the 2nd quarter worth approximately $130,000.

Several equities analysts have commented on BRS shares. Barclays PLC raised their price target on shares of Bristow Group from $10.00 to $16.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 14th. BidaskClub raised shares of Bristow Group from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Zacks Investment Research cut shares of Bristow Group from a “buy” rating to a “sell” rating in a research report on Tuesday, October 31st. ValuEngine raised shares of Bristow Group from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Finally, Cowen Inc set a $7.00 price target on shares of Bristow Group and gave the company a “hold” rating in a research report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $13.80.

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Bristow Group Inc (BRS) opened at $14.87 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.34 and a quick ratio of 1.02. Bristow Group Inc has a 1 year low of $6.21 and a 1 year high of $21.88.

Bristow Group (NYSE:BRS) last issued its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.95) by $0.62. Bristow Group had a negative net margin of 13.31% and a negative return on equity of 7.08%. The company had revenue of $358.00 million during the quarter, compared to analysts’ expectations of $345.87 million. During the same quarter last year, the company posted ($0.35) EPS. The firm’s revenue was up 4.2% compared to the same quarter last year. analysts forecast that Bristow Group Inc will post -3.43 EPS for the current fiscal year.

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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