Trexquant Investment LP acquired a new position in shares of Bristow Group Inc (NYSE:BRS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 36,535 shares of the oil and gas company’s stock, valued at approximately $342,000. Trexquant Investment LP owned about 0.10% of Bristow Group at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BRS. South Dakota Investment Council lifted its stake in Bristow Group by 93.3% in the second quarter. South Dakota Investment Council now owns 459,936 shares of the oil and gas company’s stock valued at $3,519,000 after buying an additional 222,000 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Bristow Group by 13.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 549,184 shares of the oil and gas company’s stock valued at $4,202,000 after buying an additional 65,191 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Bristow Group by 14.3% in the second quarter. Goldman Sachs Group Inc. now owns 128,295 shares of the oil and gas company’s stock valued at $981,000 after buying an additional 16,036 shares in the last quarter. Schroder Investment Management Group lifted its stake in Bristow Group by 75.6% in the second quarter. Schroder Investment Management Group now owns 59,700 shares of the oil and gas company’s stock valued at $439,000 after buying an additional 25,700 shares in the last quarter. Finally, BlueCrest Capital Management Ltd lifted its stake in Bristow Group by 224.9% in the second quarter. BlueCrest Capital Management Ltd now owns 45,514 shares of the oil and gas company’s stock valued at $348,000 after buying an additional 31,504 shares in the last quarter.

Shares of Bristow Group Inc (NYSE:BRS) opened at $14.76 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.02 and a debt-to-equity ratio of 0.97. Bristow Group Inc has a 1 year low of $6.21 and a 1 year high of $21.88.

Bristow Group (NYSE:BRS) last announced its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported ($0.33) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.95) by $0.62. The business had revenue of $358.00 million for the quarter, compared to analyst estimates of $345.87 million. Bristow Group had a negative net margin of 13.31% and a negative return on equity of 7.08%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.35) earnings per share. analysts expect that Bristow Group Inc will post -3.43 EPS for the current year.

A number of research analysts have weighed in on BRS shares. Zacks Investment Research raised shares of Bristow Group from a “sell” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Wednesday, September 6th. Cowen set a $7.00 price target on shares of Bristow Group and gave the company a “hold” rating in a research note on Friday, October 6th. BidaskClub raised shares of Bristow Group from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Barclays reaffirmed a “hold” rating and issued a $10.00 price target on shares of Bristow Group in a research note on Friday, August 11th. 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 equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. Bristow Group presently has an average rating of “Hold” and an average target price of $13.80.

In other Bristow Group news, insider Jonathan Baliff acquired 2,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were acquired 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 document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 10.00% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Trexquant Investment LP Acquires Shares of 36,535 Bristow Group Inc (BRS)” was originally reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.watchlistnews.com/trexquant-investment-lp-acquires-shares-of-36535-bristow-group-inc-brs/1745038.html.

About Bristow Group

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.

Want to see what other hedge funds are holding BRS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristow Group Inc (NYSE:BRS).

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

Receive News & Ratings for Bristow Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristow Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.