Is Bristow Group Inc (NYSE:BRS)’s Fuel Running Low? Reports Show More Sellers

May 18, 2018 - By Michael Collier

Bristow Group Inc. (NYSE:BRS) Logo

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.55, from 1.33 in 2017Q3. It fall, as 18 investors sold Bristow Group Inc. shares while 51 reduced holdings. 22 funds opened positions while 32 raised stakes. 36.99 million shares or 4.81% less from 38.86 million shares in 2017Q3 were reported.
Wells Fargo And Mn holds 136,952 shares. Fmr Lc invested in 0% or 642,116 shares. Investec Asset Mgmt invested in 320,093 shares or 0.02% of the stock. Goldman Sachs Grp Inc Inc holds 143,490 shares or 0% of its portfolio. Huntington Retail Bank holds 250 shares or 0% of its portfolio. Deutsche Bancshares Ag holds 0% or 72,524 shares in its portfolio. 8,981 were accumulated by Hightower Advsr Limited Liability Corporation. 33,080 are held by Comerica Bankshares. Parallax Volatility Advisers Limited Partnership, a California-based fund reported 4,956 shares. First Commercial Bank Of Omaha has invested 0.07% in Bristow Group Inc. (NYSE:BRS). Us National Bank & Trust De invested in 0% or 186 shares. Rhumbline Advisers stated it has 0% in Bristow Group Inc. (NYSE:BRS). Carmignac Gestion holds 0.09% of its portfolio in Bristow Group Inc. (NYSE:BRS) for 1.05 million shares. South Dakota Investment Council owns 0.09% invested in Bristow Group Inc. (NYSE:BRS) for 287,839 shares. Citadel Advisors Limited Liability Co accumulated 56,215 shares.

Since March 15, 2018, it had 2 insider buys, and 0 insider sales for $75,760 activity. 2,000 shares were bought by Miller L. Don, worth $25,159 on Thursday, March 15.

The stock of Bristow Group Inc (NYSE:BRS) registered an increase of 0.36% in short interest. BRS’s total short interest was 4.31 million shares in May as published by FINRA. Its up 0.36% from 4.30M shares, reported previously. With 418,400 shares average volume, it will take short sellers 10 days to cover their BRS’s short positions. The short interest to Bristow Group Inc’s float is 15.8%.

The stock decreased 0.03% or $0.005 during the last trading session, reaching $18.715. About 43,129 shares traded. Bristow Group Inc. (NYSE:BRS) has risen 0.31% since May 18, 2017 and is uptrending. It has underperformed by 11.24% the S&P500.

Bristow Group Inc. provides industrial aviation services to the offshore energy industry in Africa, the Americas, the Asia Pacific, and Europe Caspian. The company has market cap of $662.08 million. The Company’s helicopters are used principally to transport personnel between onshore bases and offshore production platforms, drilling rigs, and other installations, as well as to transport time-sensitive equipment to these offshore locations. It currently has negative earnings. The firm also offers helicopter flight training services to commercial pilots and flight instructors, as well as military training services through its Bristow Academy.

Bristow Group Inc. (NYSE:BRS) Institutional Positions Chart

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