GSA Capital Partners LLP purchased a new position in shares of Bristow Group Inc (NYSE:BRS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 231,027 shares of the oil and gas company’s stock, valued at approximately $2,160,000. GSA Capital Partners LLP owned 0.65% of Bristow Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Winslow Asset Management Inc. lifted its stake in Bristow Group by 7.4% in the second quarter. Winslow Asset Management Inc. now owns 13,075 shares of the oil and gas company’s stock valued at $100,000 after acquiring an additional 900 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in Bristow Group by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 13,100 shares of the oil and gas company’s stock valued at $100,000 after acquiring an additional 100 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in Bristow Group by 87.9% in the second quarter. BNP Paribas Arbitrage SA now owns 14,117 shares of the oil and gas company’s stock valued at $108,000 after acquiring an additional 6,604 shares during the last quarter. Shell Asset Management Co. acquired a new stake in Bristow Group in the third quarter valued at approximately $976,000. Finally, Public Employees Retirement System of Ohio lifted its stake in Bristow Group by 4.5% in the second quarter. Public Employees Retirement System of Ohio now owns 14,584 shares of the oil and gas company’s stock valued at $112,000 after acquiring an additional 634 shares during the last quarter.

In other news, insider Jonathan Baliff purchased 2,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were bought at an average price of $14.84 per share, with a total value of $29,680.00. Following the completion of the transaction, the insider now directly owns 69,344 shares in the company, valued at approximately $1,029,064.96. The purchase was disclosed in a filing with the SEC, which is available through this link. Company insiders own 10.00% of the company’s stock.

A number of research firms have issued reports on BRS. Zacks Investment Research cut shares of Bristow Group from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Cowen set a $7.00 target price on shares of Bristow Group and gave the company a “hold” rating in a research note on Friday, October 6th. ValuEngine upgraded shares of Bristow Group from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. BidaskClub upgraded shares of Bristow Group from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Finally, Barclays lifted their target price on shares of Bristow Group from $10.00 to $16.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.00.

Bristow Group Inc (NYSE BRS) opened at $12.32 on Friday. Bristow Group Inc has a 52-week low of $6.21 and a 52-week high of $21.88. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.02 and a current ratio of 1.34.

Bristow Group (NYSE:BRS) last released its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) EPS for the quarter, beating the Zacks’ 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 for the quarter, compared to analyst estimates of $345.87 million. During the same quarter last year, the firm posted ($0.35) earnings per share. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. analysts expect that Bristow Group Inc will post -3.43 EPS for the current year.

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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.

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

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