Victory Capital Management Inc. Buys 56,234 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Victory Capital Management Inc. increased its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 69.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 137,168 shares of the oil and gas company's stock after buying an additional 56,234 shares during the period. Victory Capital Management Inc. owned about 0.09% of Helix Energy Solutions Group worth $1,278,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in shares of Helix Energy Solutions Group by 18.3% in the fourth quarter. Principal Financial Group Inc. now owns 2,443,203 shares of the oil and gas company's stock worth $22,771,000 after purchasing an additional 378,394 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of Helix Energy Solutions Group by 11.1% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,065,620 shares of the oil and gas company's stock worth $11,829,000 after purchasing an additional 106,582 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of Helix Energy Solutions Group by 3.9% in the third quarter. Fisher Asset Management LLC now owns 1,941,340 shares of the oil and gas company's stock worth $21,549,000 after purchasing an additional 72,945 shares in the last quarter. Jane Street Group LLC increased its stake in shares of 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 purchasing an additional 209,311 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in shares of Helix Energy Solutions Group by 16.4% in the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company's stock worth $61,016,000 after purchasing an additional 923,477 shares in the last quarter. Hedge funds and other institutional investors own 91.33% of the company's stock.

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Insider Activity at Helix Energy Solutions Group

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

Wall Street Analysts Forecast Growth

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

Helix Energy Solutions Group Price Performance

NYSE:HLX traded down $0.03 during mid-day trading on Friday, hitting $8.62. 11,256,442 shares of the stock traded hands, compared to its average volume of 1,668,597. The business's 50-day moving average price is $8.31 and its 200 day moving average price is $9.40. The company has a market cap of $1.30 billion, a PE ratio of 215.43 and a beta of 2.41. Helix Energy Solutions Group, Inc. has a 12-month low of $7.56 and a 12-month high of $13.05. 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 (NYSE:HLX - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $355.13 million during the quarter, compared to analysts' expectations of $311.66 million. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. On average, analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal year.

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.