Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Bought by Jane Street Group LLC

Jane Street Group LLC boosted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 217.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 305,767 shares of the oil and gas company's stock after acquiring an additional 209,311 shares during the period. Jane Street Group LLC owned 0.20% of Helix Energy Solutions Group worth $3,394,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Helix Energy Solutions Group by 11.1% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,065,620 shares of the oil and gas company's stock worth $11,829,000 after acquiring an additional 106,582 shares during the last quarter. Fisher Asset Management LLC increased its position in Helix Energy Solutions Group by 3.9% during the 3rd quarter. Fisher Asset Management LLC now owns 1,941,340 shares of the oil and gas company's stock worth $21,549,000 after purchasing an additional 72,945 shares in the last quarter. Semanteon Capital Management LP acquired a new position in Helix Energy Solutions Group in the 3rd quarter valued at about $628,000. Caxton Associates LP lifted its holdings in Helix Energy Solutions Group by 225.5% in the 2nd quarter. Caxton Associates LP now owns 94,860 shares of the oil and gas company's stock valued at $1,133,000 after purchasing an additional 65,720 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Helix Energy Solutions Group in the 2nd quarter valued at about $1,017,000. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HLX has been the subject of a number of analyst reports. StockNews.com raised shares of Helix Energy Solutions Group from a "sell" rating to a "hold" rating in a research report on Wednesday, December 4th. BTIG Research lowered Helix Energy Solutions Group from a "buy" rating to a "neutral" rating in a research note on Thursday, October 24th. Raymond James assumed coverage on Helix Energy Solutions Group in a research report on Thursday, September 19th. They issued a "strong-buy" rating and a $14.00 price objective for the company. Finally, TD Cowen decreased their price target on Helix Energy Solutions Group from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, October 25th.

Helix Energy Solutions Group Trading Up 0.1 %

NYSE:HLX traded up $0.01 during trading hours on Friday, reaching $9.03. 6,431,789 shares of the company were exchanged, compared to its average volume of 1,795,078. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 225.81 and a beta of 2.45. The stock has a 50 day simple moving average of $10.07 and a 200 day simple moving average of $10.65. Helix Energy Solutions Group, Inc. has a 52-week low of $8.81 and a 52-week high of $13.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.29 and a quick ratio of 2.29.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The oil and gas company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. The business had revenue of $342.42 million for the quarter, compared to analyst estimates of $354.74 million. During the same period last year, the company posted $0.19 EPS. As a group, analysts predict that Helix Energy Solutions Group, Inc. will post 0.29 EPS for the current year.

Insider Transactions at Helix Energy Solutions Group

In other news, Director Diana Glassman sold 16,000 shares of the company's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $9.94, for a total value of $159,040.00. Following the completion of the sale, the director now owns 26,133 shares of the company's stock, valued at $259,762.02. This represents a 37.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Scott Andrew Sparks sold 170,000 shares of the firm's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $9.87, for a total value of $1,677,900.00. Following the sale, the chief operating officer now owns 112,634 shares in the company, valued at approximately $1,111,697.58. The trade was a 60.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 484,419 shares of company stock worth $5,394,094 in the last three months. 6.37% of the stock is currently owned by company insiders.

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.