Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. decreased its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 146,465 shares of the oil and gas company’s stock after selling 2,250 shares during the quarter. Prudential Financial Inc.’s holdings in Helix Energy Solutions Group were worth $1,365,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. FMR LLC lifted its stake in shares of Helix Energy Solutions Group by 28.2% in the third quarter. FMR LLC now owns 227,778 shares of the oil and gas company’s stock valued at $2,528,000 after purchasing an additional 50,117 shares during the period. Paloma Partners Management Co purchased a new position in Helix Energy Solutions Group in the third quarter valued at about $130,000. State Street Corp boosted its stake in shares of Helix Energy Solutions Group by 3.8% during the 3rd quarter. State Street Corp now owns 6,664,257 shares of the oil and gas company’s stock worth $73,973,000 after acquiring an additional 246,577 shares in the last quarter. Wolverine Trading LLC purchased a new stake in shares of Helix Energy Solutions Group during the 3rd quarter worth approximately $239,000. Finally, Jane Street Group LLC grew its holdings in shares of Helix Energy Solutions Group by 217.0% in the 3rd quarter. Jane Street Group LLC now owns 305,767 shares of the oil and gas company’s stock worth $3,394,000 after acquiring an additional 209,311 shares during the period. Institutional investors and hedge funds own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

Shares of HLX stock opened at $6.72 on Friday. The stock has a fifty day moving average price of $8.18 and a 200 day moving average price of $9.30. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.29 and a current ratio of 2.29. The stock has a market cap of $1.01 billion, a PE ratio of 168.04 and a beta of 2.41. Helix Energy Solutions Group, Inc. has a 1 year low of $6.63 and a 1 year high of $13.05.

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 (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.04. The business had revenue of $355.13 million during the quarter, compared to the consensus estimate of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. Sell-side analysts forecast that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal 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.