Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Purchased by Diversified Trust Co

Diversified Trust Co grew its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 15.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,218 shares of the oil and gas company’s stock after acquiring an additional 6,296 shares during the quarter. Diversified Trust Co’s holdings in Helix Energy Solutions Group were worth $501,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in 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 purchasing an additional 489,105 shares during the period. Wellington Management Group LLP boosted its position in shares of Helix Energy Solutions Group by 99.9% in the fourth quarter. Wellington Management Group LLP now owns 3,107,643 shares of the oil and gas company’s stock worth $31,947,000 after buying an additional 1,552,693 shares during the period. Public Employees Retirement Association of Colorado grew its stake in shares of Helix Energy Solutions Group by 33,636.3% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 1,902,392 shares of the oil and gas company’s stock valued at $19,557,000 after buying an additional 1,896,753 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Helix Energy Solutions Group by 0.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,720,717 shares of the oil and gas company’s stock valued at $17,689,000 after buying an additional 15,952 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of Helix Energy Solutions Group by 9.2% during the 3rd quarter. American Century Companies Inc. now owns 1,614,561 shares of the oil and gas company’s stock valued at $18,035,000 after buying an additional 136,406 shares during the period. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Owen E. Kratz sold 141,879 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $11.83, for a total transaction of $1,678,428.57. Following the completion of the transaction, the chief executive officer now directly owns 7,643,646 shares in the company, valued at approximately $90,424,332.18. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, COO Scott Andrew Sparks sold 12,000 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $11.44, for a total value of $137,280.00. Following the completion of the sale, the chief operating officer now directly owns 282,634 shares of the company’s stock, valued at $3,233,332.96. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Owen E. Kratz sold 141,879 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $11.83, for a total value of $1,678,428.57. Following the sale, the chief executive officer now owns 7,643,646 shares in the company, valued at approximately $90,424,332.18. The disclosure for this sale can be found here. Insiders have sold 164,264 shares of company stock worth $1,932,544 in the last three months. 6.37% of the stock is owned by insiders.

Helix Energy Solutions Group Stock Performance

Helix Energy Solutions Group stock opened at $12.04 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.74 and a quick ratio of 1.74. The firm’s fifty day moving average price is $11.14 and its 200 day moving average price is $10.48. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of -57.33 and a beta of 2.45. Helix Energy Solutions Group, Inc. has a 12-month low of $7.24 and a 12-month high of $12.29.

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

Analyst Upgrades and Downgrades

Separately, TD Cowen upped their price target on Helix Energy Solutions Group from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Tuesday, June 25th.

Helix Energy Solutions Group Profile

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.