2 weeks Ago By Defense World Staff
Xponance Inc. bought a new stake in Helix Energy Solutions Group, Inc. (NYSE:HLX – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor bought 12,188 shares of the oil and gas company’s stock, valued at approximately $114,000. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC raised its stake in shares of Helix Energy Solutions Group by 247.
3% in the fourth quarter. Intech Investment Management LLC now owns 163,815 shares of the oil and gas company’s stock worth $1,527,000 after purchasing an additional 116,647 shares during the last quarter. Cibc World Markets Corp purchased a new position in Helix Energy Solutions Group during the 4th quarter worth approximately $126,000.
Natixis Advisors LLC acquired a new stake in Helix Energy Solutions Group during the 4th quarter valued at approximately $205,000. Forge First Asset Management Inc. acquired a new stake in shares of Helix Energy Solutions Group in the fourth quarter worth $5,565,000.
Finally, Amundi raised its holdings in shares of Helix Energy Solutions Group by 191.9% during the fourth quarter. Amundi now owns 89,714 shares of the oil and gas company’s stock worth $812,000 after purchasing an additional 58,976 shares during the last quarter.
Hedge funds and other institutional investors own 91.33% of the company’s stock. Helix Energy Solutions Group Price PerformanceShares of NYSE HLX opened at $8.
38 on Friday. 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 stock has a market capitalization of $1.
26 billion, a price-to-earnings ratio of 209.55 and a beta of 2.41.
The firm’s 50 day simple moving average is $8.27 and its 200-day simple moving average is $9.36.
Helix Energy Solutions Group, Inc. has a 12 month low of $7.56 and a 12 month high of $13.
05. Helix Energy Solutions Group (NYSE:HLX – Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to analyst estimates of $311.66 million.
Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%.
Analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.
Wall Street Analysts Forecast GrowthSeparately, StockNews.com raised shares of Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 4th.View Our Latest Research Report on HLXInsider Activity at Helix Energy Solutions GroupIn related news, EVP Kenneth English Neikirk sold 83,991 shares of Helix Energy Solutions Group stock in a transaction on Monday, December 30th.
The shares were sold at an average price of $9.17, for a total value of $770,197.47.
Following the sale, the executive vice president now owns 104,549 shares of the company’s stock, valued at approximately $958,714.33. This trade represents a 44.
55 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.
37% of the stock is owned by company insiders. About Helix Energy Solutions Group (Free Report)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.
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