Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Acquired by Caxton Associates LP

Caxton Associates LP increased its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 225.5% during the second quarter, HoldingsChannel reports. The fund owned 94,860 shares of the oil and gas company’s stock after buying an additional 65,720 shares during the period. Caxton Associates LP’s holdings in Helix Energy Solutions Group were worth $1,133,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HLX. Vanguard Group Inc. increased its holdings in Helix Energy Solutions Group by 1.2% in the first quarter. Vanguard Group Inc. now owns 13,366,874 shares of the oil and gas company’s stock valued at $144,897,000 after buying an additional 152,413 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Helix Energy Solutions Group by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,018,797 shares of the oil and gas company’s stock valued at $131,559,000 after purchasing an additional 254,880 shares in the last quarter. Pacer Advisors Inc. acquired a new position in Helix Energy Solutions Group during the second quarter worth $81,862,000. American Century Companies Inc. boosted its position in Helix Energy Solutions Group by 24.9% during the second quarter. American Century Companies Inc. now owns 3,413,435 shares of the oil and gas company’s stock worth $40,756,000 after purchasing an additional 680,635 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in 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 valued at $31,947,000 after purchasing an additional 1,552,693 shares during the last quarter. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

Helix Energy Solutions Group stock opened at $10.24 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.08 and a current ratio of 2.08. Helix Energy Solutions Group, Inc. has a fifty-two week low of $8.82 and a fifty-two week high of $13.05. The stock has a fifty day moving average of $10.70 and a two-hundred day moving average of $11.00. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of -48.76 and a beta of 2.42.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings data on Wednesday, July 24th. The oil and gas company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $364.80 million during the quarter, compared to analysts’ expectations of $353.19 million. Helix Energy Solutions Group had a positive return on equity of 4.35% and a negative net margin of 0.49%. During the same quarter last year, the business posted $0.11 EPS. On average, analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HLX shares. TD Cowen lifted their price target on Helix Energy Solutions Group from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, June 25th. Raymond James initiated coverage on shares of Helix Energy Solutions Group in a report on Thursday, September 19th. They issued a “strong-buy” rating and a $14.00 price target on the stock.

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.