Fox Run Management L.L.C. Sells 34,422 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Fox Run Management L.L.C. cut its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 74.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,109 shares of the oil and gas company's stock after selling 34,422 shares during the quarter. Fox Run Management L.L.C.'s holdings in Helix Energy Solutions Group were worth $113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings 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 worth $22,771,000 after purchasing an additional 378,394 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Helix Energy Solutions Group by 217.0% during the 3rd quarter. Jane Street Group LLC now owns 305,767 shares of the oil and gas company's stock valued at $3,394,000 after buying an additional 209,311 shares during the period. Forge First Asset Management Inc. purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth $5,565,000. Amundi grew its holdings in shares of 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 acquiring an additional 58,976 shares during the period. Finally, Victory Capital Management Inc. increased its position in Helix Energy Solutions Group by 69.5% during the fourth quarter. Victory Capital Management Inc. now owns 137,168 shares of the oil and gas company's stock valued at $1,278,000 after acquiring an additional 56,234 shares during the last quarter. 91.33% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Separately, StockNews.com upgraded Helix Energy Solutions Group from a "sell" rating to a "hold" rating in a research note on Wednesday, December 4th.

Helix Energy Solutions Group Stock Performance

HLX traded up $0.03 during trading on Wednesday, hitting $8.51. The company's stock had a trading volume of 1,227,761 shares, compared to its average volume of 1,755,688. Helix Energy Solutions Group, Inc. has a one year low of $7.56 and a one year high of $13.05. The business's 50 day simple moving average is $8.24 and its 200-day simple moving average is $9.34. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.28 billion, a PE ratio of 212.80 and a beta of 2.41.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last released its earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $355.13 million for the quarter, compared to the consensus estimate of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. As a group, sell-side analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS 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.