Bristow Group Inc. (NYSE:BRS) was down 3.4% during trading on Friday . The company traded as low as $12.26 and last traded at $12.36, with a volume of 239,450 shares traded. The stock had previously closed at $12.79.

A number of equities research analysts have commented on BRS shares. Zacks Investment Research raised shares of Bristow Group from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research report on Tuesday, August 2nd. Capital One Financial Corp. downgraded shares of Bristow Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 16th. Credit Suisse Group AG reissued a “hold” rating and set a $15.00 price objective on shares of Bristow Group in a research report on Wednesday, June 29th. Finally, Barclays PLC raised shares of Bristow Group from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $22.00 to $20.00 in a research report on Monday, June 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $22.40.

The stock’s market capitalization is $437.59 million. The firm has a 50-day moving average of $11.95 and a 200 day moving average of $15.69.

Bristow Group (NYSE:BRS) last released its quarterly earnings results on Thursday, August 4th. The company reported ($0.34) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by $0.21. During the same quarter in the previous year, the company posted $0.56 EPS. The company had revenue of $356.10 million for the quarter, compared to the consensus estimate of $383.79 million. The business’s revenue for the quarter was down 20.9% compared to the same quarter last year. On average, analysts expect that Bristow Group Inc. will post ($1.70) earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be given a dividend of $0.07 per share. The ex-dividend date is Tuesday, August 30th. This represents a $0.28 annualized dividend and a yield of 2.24%.

In other news, Director Michael A. Flick purchased 5,578 shares of the company’s stock in a transaction that occurred on Tuesday, June 7th. The shares were bought at an average price of $16.36 per share, for a total transaction of $91,256.08. Following the completion of the transaction, the director now owns 20,000 shares in the company, valued at $327,200. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jonathan Baliff purchased 8,200 shares of the company’s stock in a transaction that occurred on Monday, August 15th. The shares were purchased at an average price of $12.12 per share, for a total transaction of $99,384.00. Following the transaction, the insider now owns 50,998 shares of the company’s stock, valued at approximately $618,095.76. The disclosure for this purchase can be found here.

A hedge fund recently raised its stake in Bristow Group stock. Rhumbline Advisers boosted its stake in shares of Bristow Group Inc. (NYSE:BRS) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,220 shares of the company’s stock after buying an additional 2,635 shares during the period. Rhumbline Advisers owned 0.17% of Bristow Group worth $1,534,000 as of its most recent SEC filing.

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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