GSA Capital Partners LLP increased its position in shares of Helix Energy Solutions Group Inc (NYSE:HLX) by 459.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 150,026 shares of the oil and gas company’s stock after buying an additional 123,202 shares during the period. GSA Capital Partners LLP owned 0.10% of Helix Energy Solutions Group worth $1,109,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HLX. Amalgamated Bank raised its position in Helix Energy Solutions Group by 3.8% during the second quarter. Amalgamated Bank now owns 18,427 shares of the oil and gas company’s stock worth $104,000 after acquiring an additional 683 shares during the period. Jane Street Group LLC acquired a new position in Helix Energy Solutions Group during the third quarter worth $118,000. Green Square Capital LLC raised its position in Helix Energy Solutions Group by 1.7% during the second quarter. Green Square Capital LLC now owns 21,392 shares of the oil and gas company’s stock worth $121,000 after acquiring an additional 359 shares during the period. Piedmont Investment Advisors LLC acquired a new position in Helix Energy Solutions Group during the second quarter worth $169,000. Finally, Crossmark Global Holdings Inc. acquired a new position in Helix Energy Solutions Group during the third quarter worth $181,000. 85.92% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Nancy K. Quinn sold 11,268 shares of the firm’s stock in a transaction dated 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 sale, the director now directly owns 104,107 shares in the company, valued at $774,556.08. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Anthony Tripodo sold 6,466 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $6.92, for a total transaction of $44,744.72. Following the sale, the executive vice president now owns 318,937 shares of the company’s stock, valued at $2,207,044.04. The disclosure for this sale can be found here. Insiders sold 27,734 shares of company stock valued at $196,079 over the last quarter. Company insiders own 5.70% of the company’s stock.

A number of equities analysts have weighed in on HLX shares. Cowen set a $9.00 price objective on shares of Helix Energy Solutions Group and gave the stock a “buy” rating in a research report on Friday, October 6th. Bank of America began coverage on shares of Helix Energy Solutions Group in a research report on Tuesday, September 5th. They set a “neutral” rating and a $7.00 price objective 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. Piper Jaffray Companies reiterated a “hold” rating on shares of Helix Energy Solutions Group in a research report on Friday, October 27th. Finally, Zacks Investment Research cut 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 given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $8.55.

Shares of Helix Energy Solutions Group Inc (HLX) opened at $7.58 on Friday. The company has a market cap of $1,110.00, a PE ratio of -12.63 and a beta of 2.60. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.02 and a quick ratio of 2.02. Helix Energy Solutions Group Inc has a 12-month low of $4.82 and a 12-month high of $9.82.

Helix Energy Solutions Group (NYSE:HLX) last issued its earnings results on Monday, October 23rd. The oil and gas company reported $0.02 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.02. The business had revenue of $163.30 million during the quarter, compared to analysts’ expectations 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%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 earnings per share. sell-side analysts anticipate that Helix Energy Solutions Group Inc will post -0.14 EPS for the current fiscal year.

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Helix Energy Solutions Group Profile

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.

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

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