Era Group, Inc. (ERA) Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of Era Group, Inc. (NYSE:ERA) by 4.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,761,142 shares of the transportation company’s stock after buying an additional 79,431 shares during the period. Dimensional Fund Advisors LP owned about 8.41% of Era Group worth $23,353,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ERA. Geode Capital Management LLC increased its position in shares of Era Group by 3.4% in the first quarter. Geode Capital Management LLC now owns 140,020 shares of the transportation company’s stock worth $1,856,000 after buying an additional 4,636 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Era Group by 4.4% in the first quarter. Vanguard Group Inc. now owns 1,074,308 shares of the transportation company’s stock worth $14,245,000 after buying an additional 44,834 shares in the last quarter. Thrivent Financial For Lutherans increased its position in shares of Era Group by 8.0% in the first quarter. Thrivent Financial For Lutherans now owns 11,020 shares of the transportation company’s stock worth $146,000 after buying an additional 820 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Era Group by 4.4% in the first quarter. Principal Financial Group Inc. now owns 149,135 shares of the transportation company’s stock worth $1,978,000 after buying an additional 6,320 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its position in shares of Era Group by 44.7% in the first quarter. OppenheimerFunds Inc. now owns 16,668 shares of the transportation company’s stock worth $221,000 after buying an additional 5,149 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

Shares of Era Group, Inc. (NYSE:ERA) traded up 0.46% on Tuesday, hitting $8.67. The stock had a trading volume of 2,390 shares. The firm’s market capitalization is $184.41 million. Era Group, Inc. has a 1-year low of $6.92 and a 1-year high of $17.73. The firm has a 50 day moving average of $9.15 and a 200-day moving average of $11.77.

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About Era Group

Era Group Inc is engaged in operating helicopters. The Company’s helicopters transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations. The Company also dry-leases helicopters to third-party helicopter operators and foreign affiliates. The primary users of the Company’s helicopter services are international, integrated and independent oil and gas exploration, development and production companies.