Quest Partners LLC Invests $367,000 in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Quest Partners LLC acquired a new stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 35,743 shares of the oil and gas company’s stock, valued at approximately $367,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HLX. Glenorchy Capital Ltd acquired a new position in shares of Helix Energy Solutions Group during the fourth quarter worth about $2,695,000. Russell Investments Group Ltd. boosted its position in Helix Energy Solutions Group by 141.6% during the fourth quarter. Russell Investments Group Ltd. now owns 158,235 shares of the oil and gas company’s stock valued at $1,627,000 after purchasing an additional 92,731 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Helix Energy Solutions Group by 4.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,906,292 shares of the oil and gas company’s stock valued at $112,118,000 after purchasing an additional 489,105 shares during the last quarter. Illinois Municipal Retirement Fund acquired a new position in Helix Energy Solutions Group during the third quarter valued at approximately $884,000. Finally, Brandywine Global Investment Management LLC boosted its position in Helix Energy Solutions Group by 13.7% during the third quarter. Brandywine Global Investment Management LLC now owns 458,365 shares of the oil and gas company’s stock valued at $5,120,000 after purchasing an additional 55,179 shares during the last quarter. Institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Trading Down 0.4 %

NYSE HLX traded down $0.04 during midday trading on Friday, hitting $11.20. The company had a trading volume of 1,263,785 shares, compared to its average volume of 1,329,340. Helix Energy Solutions Group, Inc. has a twelve month low of $6.18 and a twelve month high of $12.14. The firm has a 50-day moving average price of $11.16 and a 200-day moving average price of $10.16. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.74 and a quick ratio of 1.74.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The firm had revenue of $296.21 million for the quarter, compared to the consensus estimate of $303.00 million. Helix Energy Solutions Group had a positive return on equity of 3.22% and a negative net margin of 2.39%. On average, analysts expect that Helix Energy Solutions Group, Inc. will post 0.39 EPS for the current fiscal year.

Insider Activity

In other Helix Energy Solutions Group news, CEO Owen E. Kratz sold 141,879 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $11.83, for a total transaction of $1,678,428.57. Following the completion of the sale, the chief executive officer now directly owns 7,643,646 shares of the company’s stock, valued at approximately $90,424,332.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Helix Energy Solutions Group news, CEO Owen E. Kratz sold 141,879 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of $11.83, for a total transaction of $1,678,428.57. Following the completion of the transaction, the chief executive officer now directly owns 7,643,646 shares of the company’s stock, valued at $90,424,332.18. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Scott Andrew Sparks sold 12,000 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $11.44, for a total value of $137,280.00. Following the sale, the chief operating officer now owns 282,634 shares in the company, valued at approximately $3,233,332.96. The disclosure for this sale can be found here. Insiders have sold 161,400 shares of company stock valued at $1,902,501 in the last ninety days. 6.37% of the stock is owned by company insiders.

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.