American Century Companies Inc. Boosts Stock Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

American Century Companies Inc. grew its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 10.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,727,037 shares of the oil and gas company’s stock after buying an additional 437,814 shares during the quarter. American Century Companies Inc.’s holdings in Helix Energy Solutions Group were worth $44,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HLX. Principal Financial Group Inc. boosted its stake in Helix Energy Solutions Group by 18.3% during the 4th quarter. Principal Financial Group Inc. now owns 2,443,203 shares of the oil and gas company’s stock valued at $22,771,000 after acquiring an additional 378,394 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Helix Energy Solutions Group by 3.9% in the 3rd 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 during the last quarter. Jane Street Group LLC raised its stake in shares of Helix Energy Solutions Group by 217.0% in the 3rd quarter. Jane Street Group LLC now owns 305,767 shares of the oil and gas company’s stock valued at $3,394,000 after purchasing an additional 209,311 shares in the last quarter. Forge First Asset Management Inc. bought a new position in shares of Helix Energy Solutions Group during the fourth quarter worth about $5,565,000. Finally, Amundi increased its holdings in Helix Energy Solutions Group by 191.9% in the fourth quarter. Amundi now owns 89,714 shares of the oil and gas company’s stock valued at $812,000 after buying an additional 58,976 shares during the last quarter. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Helix Energy Solutions Group

In related news, EVP Kenneth English Neikirk sold 83,991 shares of Helix Energy Solutions Group stock in a transaction dated 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 directly owns 104,549 shares in the company, valued at $958,714.33. This trade represents a 44.55 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.37% of the company’s stock.

Analyst Upgrades and Downgrades

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

Helix Energy Solutions Group Trading Down 3.8 %

Helix Energy Solutions Group stock opened at $8.53 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.29 and a current ratio of 2.29. Helix Energy Solutions Group, Inc. has a 1 year low of $7.56 and a 1 year high of $13.05. The firm’s 50-day moving average is $8.29 and its 200-day moving average is $9.36. The company has a market cap of $1.29 billion, a P/E ratio of 213.18 and a beta of 2.41.

Helix Energy Solutions Group (NYSE:HLX) last issued its earnings results on Monday, February 24th. The oil and gas company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. The company had revenue of $355.13 million during the quarter, compared to the consensus estimate of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. On average, equities analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current 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.