PHI, Inc. (PHIIK) Position Reduced by Menta Capital LLC
Menta Capital LLC cut its holdings in PHI, Inc. (NASDAQ:PHIIK) by 9.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,849 shares of the energy producer’s stock after selling 4,800 shares during the period. Menta Capital LLC owned about 0.29% of PHI worth $447,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the business. Bank of New York Mellon Corp raised its stake in PHI by 3.1% in the second quarter. Bank of New York Mellon Corp now owns 59,986 shares of the energy producer’s stock valued at $586,000 after buying an additional 1,805 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of PHI by 11.7% during the 2nd quarter. Teachers Advisors LLC now owns 24,295 shares of the energy producer’s stock worth $237,000 after acquiring an additional 2,540 shares in the last quarter. Marquette Asset Management Inc. acquired a new position in shares of PHI during the 2nd quarter worth about $110,000. Finally, SG Americas Securities LLC boosted its position in shares of PHI by 12.0% during the 2nd quarter. SG Americas Securities LLC now owns 10,567 shares of the energy producer’s stock worth $103,000 after acquiring an additional 1,136 shares in the last quarter. Institutional investors own 62.24% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: This story was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://theolympiareport.com/2017/10/02/phi-inc-phiik-position-reduced-by-menta-capital-llc.html.
PHI, Inc. (NASDAQ:PHIIK) opened at 11.76 on Monday. The firm’s market capitalization is $185.78 million. The stock’s 50 day moving average price is $11.22 and its 200 day moving average price is $10.95. PHI, Inc. has a 52-week low of $8.09 and a 52-week high of $19.00.
PHI Company Profile
PHI, Inc is engaged in transportation of personnel to, from, and among offshore platforms for customers engaged in the oil and gas exploration, development and production industry. The Company offers these services in various domestic and international markets. Most of its offshore flight operations are concentrated in the Gulf of Mexico.
Want to see what other hedge funds are holding PHIIK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PHI, Inc. (NASDAQ:PHIIK).
Receive News & Ratings for PHI Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PHI Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.