Syon Capital LLC Makes New Investment in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Syon Capital LLC bought a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,389 shares of the oil and gas company’s stock, valued at approximately $138,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Glenorchy Capital Ltd acquired a new stake in shares of Helix Energy Solutions Group during the 4th quarter worth approximately $2,695,000. Russell Investments Group Ltd. boosted its position in shares of Helix Energy Solutions Group by 141.6% during the 4th quarter. Russell Investments Group Ltd. now owns 158,235 shares of the oil and gas company’s stock worth $1,627,000 after acquiring an additional 92,731 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Helix Energy Solutions Group by 4.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,906,292 shares of the oil and gas company’s stock worth $112,118,000 after acquiring an additional 489,105 shares in the last quarter. Brandywine Global Investment Management LLC boosted its position in shares of Helix Energy Solutions Group by 13.7% during the 3rd quarter. Brandywine Global Investment Management LLC now owns 458,365 shares of the oil and gas company’s stock worth $5,120,000 after acquiring an additional 55,179 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Helix Energy Solutions Group during the 3rd quarter worth approximately $947,000. Institutional investors and hedge funds own 91.33% of the company’s stock.

Insider Buying and Selling at Helix Energy Solutions Group

In other Helix Energy Solutions Group news, COO Scott Andrew Sparks sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $11.44, for a total value of $137,280.00. Following the sale, the chief operating officer now owns 282,634 shares in the company, valued at $3,233,332.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, COO Scott Andrew Sparks sold 12,000 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $11.44, for a total transaction of $137,280.00. Following the completion of the transaction, the chief operating officer now owns 282,634 shares of the company’s stock, valued at $3,233,332.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Owen E. Kratz sold 7,521 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $11.54, for a total transaction of $86,792.34. Following the transaction, the chief executive officer now directly owns 7,471,329 shares of the company’s stock, valued at approximately $86,219,136.66. The disclosure for this sale can be found here. Insiders have sold 161,400 shares of company stock worth $1,902,501 over the last quarter. Corporate insiders own 6.37% of the company’s stock.

Helix Energy Solutions Group Stock Performance

NYSE HLX opened at $10.50 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of -49.97 and a beta of 2.49. The firm’s 50 day simple moving average is $11.09 and its 200 day simple moving average is $10.34. Helix Energy Solutions Group, Inc. has a 1 year low of $6.60 and a 1 year high of $12.14.

Helix Energy Solutions Group (NYSE:HLX) last issued its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.22%. The company had revenue of $296.21 million during the quarter, compared to analyst estimates of $303.00 million. As a group, research analysts expect that Helix Energy Solutions Group, Inc. will post 0.39 earnings per share for the current fiscal year.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.