CANADA LIFE ASSURANCE Co Has $2.28 Million Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

CANADA LIFE ASSURANCE Co boosted its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 72.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,219 shares of the oil and gas company's stock after buying an additional 103,197 shares during the period. CANADA LIFE ASSURANCE Co owned about 0.16% of Helix Energy Solutions Group worth $2,282,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Principal Financial Group Inc. boosted its position in Helix Energy Solutions Group by 18.3% in the fourth quarter. Principal Financial Group Inc. now owns 2,443,203 shares of the oil and gas company's stock valued at $22,771,000 after buying an additional 378,394 shares in the last quarter. Forge First Asset Management Inc. acquired a new position in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $5,565,000. Wellington Management Group LLP grew its position in Helix Energy Solutions Group by 13.7% during the 4th quarter. Wellington Management Group LLP now owns 3,282,202 shares of the oil and gas company's stock worth $30,590,000 after acquiring an additional 396,666 shares during the last quarter. Amundi boosted its stake in Helix Energy Solutions Group by 191.9% in the fourth quarter. Amundi now owns 89,714 shares of the oil and gas company's stock worth $812,000 after purchasing an additional 58,976 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Helix Energy Solutions Group by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 14,049,438 shares of the oil and gas company's stock worth $130,941,000 after purchasing an additional 343,673 shares during the last quarter. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Trading Up 0.6 %

NYSE HLX traded up $0.04 on Tuesday, reaching $6.19. The company had a trading volume of 2,964,268 shares, compared to its average volume of 1,813,567. The stock has a market cap of $937.21 million, a price-to-earnings ratio of 154.66 and a beta of 1.91. Helix Energy Solutions Group, Inc. has a 52 week low of $5.66 and a 52 week high of $13.05. The stock's 50 day moving average is $7.58 and its 200-day moving average is $8.78. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.07. The firm had revenue of $278.06 million during the quarter, compared to analysts' expectations of $285.06 million. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. Equities analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Raymond James cut shares of Helix Energy Solutions Group from a "strong-buy" rating to an "outperform" rating and decreased their price target for the company from $14.00 to $10.00 in a research note on Friday.

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.