Russell Investments Group Ltd. Trims Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Russell Investments Group Ltd. reduced its position in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 15.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 554,160 shares of the oil and gas company's stock after selling 103,587 shares during the period. Russell Investments Group Ltd. owned approximately 0.36% of Helix Energy Solutions Group worth $5,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of HLX. State Street Corp boosted its position in shares of Helix Energy Solutions Group by 3.8% in the third quarter. State Street Corp now owns 6,664,257 shares of the oil and gas company's stock worth $73,973,000 after purchasing an additional 246,577 shares during the period. Wolverine Trading LLC bought a new position in Helix Energy Solutions Group in the 3rd quarter worth $239,000. Jane Street Group LLC increased its stake in Helix Energy Solutions Group by 217.0% in the 3rd quarter. Jane Street Group LLC now owns 305,767 shares of the oil and gas company's stock worth $3,394,000 after buying an additional 209,311 shares in the last quarter. Barclays PLC raised its holdings in 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 valued at $3,402,000 after acquiring an additional 223,432 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Helix Energy Solutions Group by 0.8% in the third 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 acquiring an additional 25,432 shares in the last quarter. Hedge funds and other institutional investors own 91.33% of the company's stock.

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Helix Energy Solutions Group Price Performance

HLX traded down $0.13 during trading on Tuesday, reaching $6.38. 1,407,488 shares of the company traded hands, compared to its average volume of 1,782,227. Helix Energy Solutions Group, Inc. has a 12-month low of $5.77 and a 12-month high of $13.05. The firm has a fifty day simple moving average of $7.87 and a 200 day simple moving average of $9.06. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.29 and a current ratio of 2.29. The company has a market cap of $966.00 million, a P/E ratio of 159.41 and a beta of 1.91.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its 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. The firm had revenue of $355.13 million during the quarter, compared to analysts' expectations of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. On average, equities analysts forecast that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.

About Helix Energy Solutions Group

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.