Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Bought by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC boosted its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 6.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 121,832 shares of the oil and gas company’s stock after purchasing an additional 7,406 shares during the period. Orion Portfolio Solutions LLC owned approximately 0.08% of Helix Energy Solutions Group worth $1,135,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of HLX. Pacer Advisors Inc. grew its holdings in Helix Energy Solutions Group by 16.4% during the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company’s stock worth $61,016,000 after acquiring an additional 923,477 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Helix Energy Solutions Group during the 4th quarter worth approximately $6,070,000. Forge First Asset Management Inc. purchased a new position in shares of Helix Energy Solutions Group during the 4th quarter valued at approximately $5,565,000. Principal Financial Group Inc. lifted its stake in shares of Helix Energy Solutions Group by 38.6% in the 3rd quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company’s stock valued at $22,919,000 after purchasing an additional 575,450 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in Helix Energy Solutions Group by 111.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 941,394 shares of the oil and gas company’s stock worth $10,449,000 after buying an additional 496,278 shares in the last quarter. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Down 10.9 %

HLX opened at $6.72 on Friday. The company has a fifty day moving average of $8.18 and a two-hundred day moving average of $9.30. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 168.04 and a beta of 2.41. Helix Energy Solutions Group, Inc. has a fifty-two week low of $6.63 and a fifty-two week high of $13.05. 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 (NYSE:HLX) last released its quarterly earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share 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 company had revenue of $355.13 million during the quarter, compared to analysts’ expectations of $311.66 million. On average, research analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

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.