Semanteon Capital Management LP Purchases New Shares in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Semanteon Capital Management LP purchased a new stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 56,540 shares of the oil and gas company's stock, valued at approximately $628,000.

Other institutional investors have also added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Helix Energy Solutions Group in the second quarter valued at $45,000. GAMMA Investing LLC raised its position in shares of Helix Energy Solutions Group by 24.0% during the second quarter. GAMMA Investing LLC now owns 6,379 shares of the oil and gas company's stock worth $76,000 after acquiring an additional 1,236 shares during the last quarter. CWM LLC raised its position in shares of Helix Energy Solutions Group by 10.4% during the second quarter. CWM LLC now owns 9,043 shares of the oil and gas company's stock worth $108,000 after acquiring an additional 850 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Helix Energy Solutions Group by 10.2% in the first quarter. Bleakley Financial Group LLC now owns 15,039 shares of the oil and gas company's stock worth $163,000 after acquiring an additional 1,391 shares during the period. Finally, Edgestream Partners L.P. bought a new stake in Helix Energy Solutions Group in the second quarter valued at approximately $184,000. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Raymond James started coverage on shares of Helix Energy Solutions Group in a research report on Thursday, September 19th. They issued a "strong-buy" rating and a $14.00 price target on the stock. StockNews.com cut shares of Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a research report on Friday. BTIG Research lowered Helix Energy Solutions Group from a "buy" rating to a "neutral" rating in a research report on Thursday, October 24th. Finally, TD Cowen cut their target price on Helix Energy Solutions Group from $16.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday.

Insider Activity

In other Helix Energy Solutions Group news, CEO Owen E. Kratz sold 298,419 shares of the company's stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $11.92, for a total transaction of $3,557,154.48. Following the transaction, the chief executive officer now owns 7,171,860 shares in the company, valued at approximately $85,488,571.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 6.37% of the company's stock.

Helix Energy Solutions Group Stock Down 1.7 %

NYSE HLX traded down $0.16 on Tuesday, hitting $9.28. 2,189,878 shares of the company were exchanged, compared to its average volume of 1,836,607. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.21. The company has a market cap of $1.41 billion, a PE ratio of -44.19 and a beta of 2.41. The stock has a fifty day moving average of $10.35 and a 200-day moving average of $10.95. Helix Energy Solutions Group, Inc. has a 12 month low of $8.82 and a 12 month high of $13.05.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. Helix Energy Solutions Group had a negative net margin of 0.49% and a positive return on equity of 4.35%. The company had revenue of $342.42 million for the quarter, compared to analysts' expectations of $354.74 million. During the same quarter in the prior year, the firm earned $0.19 EPS. As a group, analysts forecast that Helix Energy Solutions Group, Inc. will post 0.29 earnings per share for the current 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.