Los Angeles Capital Management & Equity Research Inc. bought a new position in Helix Energy Solutions Group, Inc. (NYSE:HLX) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 27,875 shares of the oil and gas company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Helix Energy Solutions Group by 3.9% in the 2nd quarter. Vanguard Group Inc. now owns 13,135,138 shares of the oil and gas company’s stock worth $74,082,000 after purchasing an additional 487,976 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of 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 worth $69,976,000 after purchasing an additional 1,065,628 shares during the period. GMT Capital Corp raised its holdings in shares of 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 worth $42,441,000 after purchasing an additional 777,000 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Helix Energy Solutions Group by 4.2% in the 3rd quarter. Victory Capital Management Inc. now owns 6,338,291 shares of the oil and gas company’s stock worth $46,840,000 after purchasing an additional 256,250 shares during the period. Finally, Macquarie Group Ltd. raised its holdings in shares of Helix Energy Solutions Group by 9.3% in the 2nd quarter. Macquarie Group Ltd. now owns 3,585,430 shares of the oil and gas company’s stock worth $20,222,000 after purchasing an additional 304,681 shares during the period. Hedge funds and other institutional investors own 86.04% of the company’s stock.

A number of equities research analysts recently commented on HLX shares. Piper Jaffray Companies cut shares of Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and lifted their price target for the stock from $7.00 to $7.30 in a report on Wednesday, September 27th. Zacks Investment Research cut shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. BidaskClub raised shares of Helix Energy Solutions Group from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Cowen reissued a “buy” rating and set a $9.00 target price on shares of Helix Energy Solutions Group in a report on Friday, September 1st. Finally, Capital One Financial reissued an “overweight” rating on shares of Helix Energy Solutions Group in a report on Tuesday, October 10th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $8.55.

In other news, EVP Anthony Tripodo sold 6,466 shares of the company’s stock in a transaction 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 transaction, the executive vice president now owns 318,937 shares of the company’s stock, valued at $2,207,044.04. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Nancy K. Quinn sold 11,268 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was 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 directly owns 104,107 shares in the company, valued at approximately $774,556.08. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,734 shares of company stock worth $196,079. Insiders own 5.70% of the company’s stock.

Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) traded down $0.14 during mid-day trading on Wednesday, reaching $6.65. 1,135,800 shares of the company’s stock were exchanged, compared to its average volume of 2,019,526. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.26. Helix Energy Solutions Group, Inc. has a 1-year low of $4.82 and a 1-year high of $11.87.

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

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Helix Energy Solutions Group Company 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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