Jane Street Group LLC purchased a new position in shares of Helix Energy Solutions Group Inc (NYSE:HLX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,919 shares of the oil and gas company’s stock, valued at approximately $118,000.

A number of other hedge funds have also modified their holdings of the business. Amalgamated Bank lifted its position in shares of Helix Energy Solutions Group by 3.8% in the second quarter. Amalgamated Bank now owns 18,427 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 683 shares in the last quarter. Green Square Capital LLC lifted its position in shares of Helix Energy Solutions Group by 1.7% in the second quarter. Green Square Capital LLC now owns 21,392 shares of the oil and gas company’s stock valued at $121,000 after acquiring an additional 359 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of Helix Energy Solutions Group in the second quarter valued at approximately $151,000. Piedmont Investment Advisors LLC purchased a new position in shares of Helix Energy Solutions Group in the second quarter valued at approximately $169,000. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Helix Energy Solutions Group in the third quarter valued at approximately $181,000. Institutional investors own 85.92% of the company’s stock.

Shares of Helix Energy Solutions Group Inc (NYSE HLX) opened at $7.58 on Tuesday. Helix Energy Solutions Group Inc has a fifty-two week low of $4.82 and a fifty-two week high of $9.82. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.02 and a quick ratio of 2.02. The company has a market capitalization of $1,119.72, a P/E ratio of -12.85 and a beta of 2.60.

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

Several research firms have recently weighed in on HLX. Cowen restated a “buy” rating and issued a $9.00 target price on shares of Helix Energy Solutions Group in a research report on Friday, September 1st. Zacks Investment Research downgraded Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Piper Jaffray Companies downgraded Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and raised their target price for the company from $7.00 to $7.30 in a research report on Wednesday, September 27th. Bank of America began coverage on Helix Energy Solutions Group in a research report on Tuesday, September 5th. They issued a “neutral” rating and a $7.00 target price on the stock. Finally, Capital One Financial restated an “overweight” rating on shares of Helix Energy Solutions Group in a research report on Tuesday, October 10th. Three 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 company’s stock. The company currently has an average rating of “Hold” and an average target price of $8.55.

In related news, COO Scott Andrew Sparks sold 10,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $6.75, for a total value of $67,500.00. Following the completion of the sale, the chief operating officer now owns 151,530 shares of the company’s stock, valued at $1,022,827.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Anthony Tripodo sold 6,466 shares of the stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $6.92, for a total value of $44,744.72. Following the completion of the sale, the executive vice president now directly owns 318,937 shares of the company’s stock, valued at approximately $2,207,044.04. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,734 shares of company stock valued at $196,079. Insiders own 5.70% of the company’s stock.

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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.

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

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