Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its position in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,214,461 shares of the oil and gas company’s stock after selling 17,325 shares during the quarter. Vanguard Group Inc. owned approximately 8.67% of Helix Energy Solutions Group worth $135,845,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Public Employees Retirement Association of Colorado increased its stake in Helix Energy Solutions Group by 33,636.3% during 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 purchasing an additional 1,896,753 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Helix Energy Solutions Group by 99.9% during the 4th quarter. Wellington Management Group LLP now owns 3,107,643 shares of the oil and gas company’s stock valued at $31,947,000 after buying an additional 1,552,693 shares during the last quarter. Gate City Capital Management LLC acquired a new stake in Helix Energy Solutions Group during the fourth quarter worth about $8,474,000. Dimensional Fund Advisors LP lifted its holdings in Helix Energy Solutions Group by 4.7% in the fourth 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 during the last quarter. Finally, Walleye Capital LLC acquired a new position in Helix Energy Solutions Group in the third quarter valued at approximately $3,636,000. 91.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Helix Energy Solutions Group news, CEO Owen E. Kratz sold 141,879 shares of Helix Energy Solutions Group stock in a transaction 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 sale, the chief executive officer now owns 7,643,646 shares of the company’s stock, valued at approximately $90,424,332.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Helix Energy Solutions Group news, Director Diana Glassman sold 2,864 shares of the firm’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $10.49, for a total transaction of $30,043.36. Following the transaction, the director now owns 42,133 shares of the company’s stock, valued at approximately $441,975.17. The transaction 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 business’s stock in a transaction dated 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 sale, the chief executive officer now owns 7,643,646 shares in the company, valued at $90,424,332.18. The disclosure for this sale can be found here. Insiders sold 164,264 shares of company stock valued at $1,932,544 in the last three months. 6.37% of the stock is currently owned by corporate insiders.

Helix Energy Solutions Group Stock Up 0.5 %

Helix Energy Solutions Group stock opened at $12.07 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74. Helix Energy Solutions Group, Inc. has a one year low of $7.24 and a one year high of $12.29. The company has a 50-day simple moving average of $11.16 and a 200-day simple moving average of $10.49. The firm has a market capitalization of $1.84 billion, a P/E ratio of -57.47 and a beta of 2.45.

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

Wall Street Analysts Forecast Growth

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

Helix Energy Solutions Group Company 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.