Voya Investment Management LLC Has $22.97 Million Stock Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Voya Investment Management LLC lessened its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 17.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,465,068 shares of the oil and gas company's stock after selling 531,267 shares during the period. Voya Investment Management LLC owned 1.62% of Helix Energy Solutions Group worth $22,974,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Smartleaf Asset Management LLC boosted its position in 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 acquiring an additional 2,902 shares during the period. KBC Group NV grew its position in Helix Energy Solutions Group by 61.8% in the 4th quarter. KBC Group NV now owns 9,136 shares of the oil and gas company's stock valued at $85,000 after buying an additional 3,491 shares in the last quarter. Vontobel Holding Ltd. bought a new position in Helix Energy Solutions Group in the 4th quarter valued at about $93,000. Dynamic Technology Lab Private Ltd acquired a new position in Helix Energy Solutions Group during the 4th quarter valued at about $99,000. Finally, Inceptionr LLC bought a new stake in shares of Helix Energy Solutions Group during the 4th quarter worth about $113,000. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Helix Energy Solutions Group Trading Down 4.4 %

HLX traded down $0.29 during trading on Friday, reaching $6.29. The company had a trading volume of 2,915,366 shares, compared to its average volume of 1,799,145. The firm's 50-day simple moving average is $7.62 and its 200 day simple moving average is $8.81. 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 $953.12 million, a price-to-earnings ratio of 157.29 and a beta of 1.91. Helix Energy Solutions Group, Inc. has a 12-month low of $5.66 and a 12-month high of $13.05.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.07. The firm had revenue of $278.06 million for the quarter, compared to analysts' expectations of $285.06 million. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. Equities research analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

Separately, Raymond James lowered shares of Helix Energy Solutions Group from a "strong-buy" rating to an "outperform" rating and lowered their price objective for the company from $14.00 to $10.00 in a research note on Friday.

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.