Invesco Ltd. Has $9.30 Million Stock Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Invesco Ltd. decreased its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 11.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 997,721 shares of the oil and gas company's stock after selling 126,944 shares during the quarter. Invesco Ltd. owned approximately 0.66% of Helix Energy Solutions Group worth $9,299,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Barclays PLC increased its stake in shares of Helix Energy Solutions Group by 269.0% during the third quarter. Barclays PLC now owns 306,482 shares of the oil and gas company's stock worth $3,402,000 after purchasing an additional 223,432 shares during the period. Geode Capital Management LLC grew its holdings in Helix Energy Solutions Group by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,286,917 shares of the oil and gas company's stock valued at $36,492,000 after buying an additional 25,432 shares in the last quarter. Principal Financial Group Inc. increased its position in Helix Energy Solutions Group by 38.6% during the 3rd quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company's stock worth $22,919,000 after buying an additional 575,450 shares during the period. Diversified Trust Co lifted its holdings in shares of Helix Energy Solutions Group by 12.6% during the fourth quarter. Diversified Trust Co now owns 55,568 shares of the oil and gas company's stock worth $518,000 after buying an additional 6,220 shares in the last quarter. Finally, KBC Group NV boosted its position in shares of Helix Energy Solutions Group by 61.8% in 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 period. 91.33% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Helix Energy Solutions Group Price Performance

Helix Energy Solutions Group stock traded down $0.29 during mid-day trading on Friday, reaching $6.29. 2,915,366 shares of the company were exchanged, compared to its average volume of 1,806,096. The firm has a market cap of $953.12 million, a PE ratio of 157.29 and a beta of 1.91. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.29 and a quick ratio of 2.29. The company has a fifty day simple moving average of $7.66 and a 200-day simple moving average of $8.87. Helix Energy Solutions Group, Inc. has a 12 month low of $5.66 and a 12 month high of $13.05.

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

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.