From MarketBeat:

The South Dakota Investment Council reduced its shares in Bristow Group Inc. by 5.2% in the third quarter, owning 5,242,081 shares after selling 288,736 shares. Bristow Group accounts for 3.4% of their portfolio, valued at $147,669,000. Other institutional investors have also increased positions in Bristow Group.

Bristow Group Inc. shares traded up 1.4% at $27.48 on Friday, with 74,334 shares exchanged. The company reported $0.15 earnings per share in the third quarter and had a revenue of $338.09 million.

In other news, a major Bristow Group shareholder sold 14,829 shares worth $385,405.71 on November 29th. Company insiders own 15.00% of the stock and have sold a total of 65,974 shares worth $1,725,867 in the last ninety days.

Bristow Group Inc. provides aviation services to offshore energy companies and government agencies. The company also provides personnel transportation, search and rescue, medevac, and logistical support services. 93.97% of the stock is owned by hedge funds and other institutional investors.



Read more: Bristow Group Inc. (NYSE:VTOL) is South Dakota Investment Council’s 5th Largest Position