SG Americas Securities LLC boosted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 148.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,375 shares of the oil and gas company’s stock after purchasing an additional 25,921 shares during the quarter. SG Americas Securities LLC’s holdings in Helix Energy Solutions Group were worth $321,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HLX. Alliancebernstein L.P. raised its position in Helix Energy Solutions Group by 1,859.2% in the 2nd quarter. Alliancebernstein L.P. now owns 3,253,733 shares of the oil and gas company’s stock valued at $18,351,000 after purchasing an additional 3,087,661 shares during the last quarter. Key Group Holdings Cayman LTD. purchased a new stake in Helix Energy Solutions Group in the 2nd quarter valued at $9,130,000. OxFORD Asset Management LLP raised its position in Helix Energy Solutions Group by 423.3% in the 2nd quarter. OxFORD Asset Management LLP now owns 1,438,134 shares of the oil and gas company’s stock valued at $8,111,000 after purchasing an additional 1,163,294 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Helix Energy Solutions Group by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 12,407,257 shares of the oil and gas company’s stock valued at $69,976,000 after purchasing an additional 1,065,628 shares during the last quarter. Finally, GMT Capital Corp raised its position in Helix Energy Solutions Group by 10.5% in the 2nd quarter. GMT Capital Corp now owns 8,209,023 shares of the oil and gas company’s stock valued at $42,441,000 after purchasing an additional 777,000 shares during the last quarter. Hedge funds and other institutional investors own 86.04% of the company’s stock.

Helix Energy Solutions Group, Inc. (NYSE HLX) opened at $6.63 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.26. Helix Energy Solutions Group, Inc. has a 12-month low of $4.82 and a 12-month high of $10.50.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings data on Monday, October 23rd. The oil and gas company reported $0.02 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.02. The company had revenue of $163.30 million during the quarter, compared to the consensus estimate of $168.97 million. Helix Energy Solutions Group had a negative net margin of 13.72% and a negative return on equity of 1.80%. Helix Energy Solutions Group’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 EPS. equities analysts forecast that Helix Energy Solutions Group, Inc. will post -0.14 earnings per share for the current fiscal year.

In other Helix Energy Solutions Group news, Director Nancy K. Quinn sold 11,268 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $7.44, for a total transaction of $83,833.92. Following the completion of the transaction, the director now owns 104,107 shares in the company, valued at approximately $774,556.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Scott Andrew Sparks sold 10,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $6.75, for a total transaction of $67,500.00. Following the transaction, the chief operating officer now owns 151,530 shares of the company’s stock, valued at approximately $1,022,827.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,734 shares of company stock valued at $196,079. 5.70% of the stock is owned by insiders.

Several analysts recently commented on HLX shares. Cowen reiterated a “buy” rating and issued a $9.00 price target on shares of Helix Energy Solutions Group in a research report on Friday, September 1st. Piper Jaffray Companies reiterated a “hold” rating on shares of Helix Energy Solutions Group in a research report on Friday, October 27th. Bank of America started coverage on shares of Helix Energy Solutions Group in a research report on Tuesday, September 5th. They issued a “neutral” rating and a $7.00 price target for the company. Capital One Financial reiterated an “overweight” rating on shares of Helix Energy Solutions Group in a research report on Tuesday, October 10th. Finally, Zacks Investment Research downgraded shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $8.55.

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About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.

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Institutional Ownership by Quarter for Helix Energy Solutions Group (NYSE:HLX)

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