Proficio Capital Partners LLC Purchases New Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Proficio Capital Partners LLC bought a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 31,073 shares of the oil and gas company's stock, valued at approximately $290,000.

A number of other institutional investors have also made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its position in shares of Helix Energy Solutions Group by 143.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company's stock worth $45,000 after purchasing an additional 2,902 shares during the period. Millburn Ridgefield Corp acquired a new position in Helix Energy Solutions Group during the third quarter worth $61,000. KBC Group NV boosted its position in shares of 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 worth $85,000 after buying an additional 3,491 shares during the period. Vontobel Holding Ltd. acquired a new stake in shares of Helix Energy Solutions Group in the fourth quarter valued at $93,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Helix Energy Solutions Group in the 3rd quarter valued at $130,000. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Helix Energy Solutions Group Stock Down 1.9 %

Helix Energy Solutions Group stock traded down $0.16 during mid-day trading on Friday, reaching $8.38. 1,403,955 shares of the company's stock were exchanged, compared to its average volume of 1,762,871. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. Helix Energy Solutions Group, Inc. has a twelve month low of $7.56 and a twelve month high of $13.05. The company has a market cap of $1.26 billion, a P/E ratio of 209.55 and a beta of 2.41. The company has a fifty day moving average of $8.27 and a 200-day moving average of $9.36.

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

Analyst Ratings Changes

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

Insider Activity

In other Helix Energy Solutions Group news, EVP Kenneth English Neikirk sold 83,991 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $9.17, for a total value of $770,197.47. Following the sale, the executive vice president now directly owns 104,549 shares of the company's stock, valued at approximately $958,714.33. This represents a 44.55 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 6.37% of the company's stock.

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.