Vanguard Group Inc. Grows Stake in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Vanguard Group Inc. increased its position in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,049,438 shares of the oil and gas company's stock after purchasing an additional 343,673 shares during the quarter. Vanguard Group Inc. owned approximately 9.24% of Helix Energy Solutions Group worth $130,941,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HLX. FMR LLC increased its position in Helix Energy Solutions Group by 28.2% during the 3rd quarter. FMR LLC now owns 227,778 shares of the oil and gas company's stock valued at $2,528,000 after purchasing an additional 50,117 shares during the period. State Street Corp boosted its stake in shares of Helix Energy Solutions Group by 3.8% during the third quarter. State Street Corp now owns 6,664,257 shares of the oil and gas company's stock valued at $73,973,000 after purchasing an additional 246,577 shares in the last quarter. Wolverine Trading LLC purchased a new position in Helix Energy Solutions Group during the third quarter valued at approximately $239,000. Jane Street Group LLC raised its stake in Helix Energy Solutions Group by 217.0% in the third 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. Finally, EP Wealth Advisors LLC bought a new position in Helix Energy Solutions Group in the third quarter worth approximately $273,000. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

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Helix Energy Solutions Group Stock Up 2.9 %

NYSE HLX traded up $0.19 during midday trading on Friday, hitting $6.51. 2,014,999 shares of the company traded hands, compared to its average volume of 1,786,346. Helix Energy Solutions Group, Inc. has a 52 week low of $5.77 and a 52 week high of $13.05. The company's 50-day simple moving average is $7.94 and its 200-day simple moving average is $9.12. The company has a market cap of $985.70 million, a PE ratio of 162.67 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.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates 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 firm had revenue of $355.13 million during the quarter, compared to analysts' expectations of $311.66 million. As a group, equities research analysts forecast that Helix Energy Solutions Group, Inc. will post 0.26 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.