American Century Companies Inc. Increases Stock Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

American Century Companies Inc. boosted its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,727,037 shares of the oil and gas company's stock after buying an additional 437,814 shares during the period. American Century Companies Inc. owned approximately 3.11% of Helix Energy Solutions Group worth $44,056,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of Helix Energy Solutions Group by 6.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 33,553 shares of the oil and gas company's stock valued at $313,000 after purchasing an additional 1,950 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Helix Energy Solutions Group by 143.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company's stock worth $45,000 after buying an additional 2,902 shares during the period. KBC Group NV increased its position in Helix Energy Solutions Group by 61.8% during the fourth quarter. KBC Group NV now owns 9,136 shares of the oil and gas company's stock valued at $85,000 after acquiring an additional 3,491 shares during the last quarter. Millburn Ridgefield Corp purchased a new stake in shares of Helix Energy Solutions Group in the third quarter valued at $61,000. Finally, Diversified Trust Co raised its stake in shares of Helix Energy Solutions Group by 12.6% in the fourth quarter. Diversified Trust Co now owns 55,568 shares of the oil and gas company's stock valued at $518,000 after acquiring an additional 6,220 shares during the period. Hedge funds and other institutional investors own 91.33% of the company's stock.

Remove Ads

Helix Energy Solutions Group Trading Up 2.2 %

HLX traded up $0.19 during trading hours on Tuesday, reaching $8.50. 1,595,508 shares of the company's stock traded hands, compared to its average volume of 1,761,470. 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 50-day moving average price of $8.25 and a 200 day moving average price of $9.34. Helix Energy Solutions Group, Inc. has a 52-week low of $7.56 and a 52-week high of $13.05. The firm has a market capitalization of $1.28 billion, a PE ratio of 212.43 and a beta of 2.41.

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

Analyst Ratings Changes

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

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.