Wellington Management Group LLP Raises Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Wellington Management Group LLP grew its position in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 13.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,282,202 shares of the oil and gas company's stock after acquiring an additional 396,666 shares during the quarter. Wellington Management Group LLP owned 2.16% of Helix Energy Solutions Group worth $30,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its stake in Helix Energy Solutions Group by 143.1% in 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 last quarter. KBC Group NV increased its stake 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 worth $85,000 after acquiring an additional 3,491 shares during the last quarter. Vontobel Holding Ltd. purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $93,000. Inceptionr LLC purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $113,000. Finally, Xponance Inc. purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $114,000. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Trading Down 9.1 %

Shares of Helix Energy Solutions Group stock traded down $0.63 on Thursday, reaching $6.26. The company had a trading volume of 420,124 shares, compared to its average volume of 1,776,227. The firm has a market cap of $947.82 million, a price-to-earnings ratio of 156.66 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. The firm's 50-day moving average price is $8.01 and its two-hundred day moving average price is $9.17. Helix Energy Solutions Group, Inc. has a 1 year low of $5.77 and a 1 year high of $13.05.

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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. 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, research analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal 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.