Intech Investment Management LLC Raises Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Intech Investment Management LLC increased its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 247.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,815 shares of the oil and gas company’s stock after acquiring an additional 116,647 shares during the period. Intech Investment Management LLC owned approximately 0.11% of Helix Energy Solutions Group worth $1,527,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in 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 acquiring an additional 378,394 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in 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 acquiring an additional 106,582 shares in the last quarter. Fisher Asset Management LLC grew its position in 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 acquiring an additional 72,945 shares in the last quarter. Jane Street Group LLC grew its position 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 acquiring an additional 209,311 shares in the last quarter. Finally, Forge First Asset Management Inc. purchased a new position in Helix Energy Solutions Group in the fourth quarter worth about $5,565,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Down 0.3 %

Shares of NYSE:HLX opened at $8.62 on Friday. Helix Energy Solutions Group, Inc. has a 1 year low of $7.56 and a 1 year high of $13.05. The business has a 50 day simple moving average of $8.31 and a two-hundred day simple moving average of $9.41. The firm has a market capitalization of $1.30 billion, a PE ratio of 215.43 and a beta of 2.41. 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) last announced its earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $355.13 million during the quarter, compared to analyst estimates of $311.66 million. On average, equities analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.

Insider Buying and Selling at Helix Energy Solutions Group

In other 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 owns 104,549 shares of the company’s stock, valued at approximately $958,714.33. The trade was a 44.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.37% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 4th.

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.