Wellington Management Group LLP Has $30.59 Million Stake in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Wellington Management Group LLP raised its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 13.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,282,202 shares of the oil and gas company’s stock after buying an additional 396,666 shares during the quarter. Wellington Management Group LLP owned about 2.16% of Helix Energy Solutions Group worth $30,590,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HLX. PNC Financial Services Group Inc. increased its stake in Helix Energy Solutions Group by 6.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 33,553 shares of the oil and gas company’s stock valued at $313,000 after purchasing an additional 1,950 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Helix Energy Solutions Group by 143.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company’s stock valued at $45,000 after buying an additional 2,902 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Helix Energy Solutions Group by 10.0% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 35,527 shares of the oil and gas company’s stock valued at $338,000 after buying an additional 3,219 shares in the last quarter. KBC Group NV raised its stake in Helix Energy Solutions Group by 61.8% during the 4th quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock worth $85,000 after buying an additional 3,491 shares during the period. Finally, EntryPoint Capital LLC lifted its holdings in Helix Energy Solutions Group by 38.0% during the fourth quarter. EntryPoint Capital LLC now owns 15,803 shares of the oil and gas company’s stock worth $147,000 after acquiring an additional 4,352 shares in the last quarter. 91.33% of the stock is owned by institutional investors.

Helix Energy Solutions Group Stock Down 10.9 %

NYSE:HLX opened at $6.72 on Monday. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 168.04 and a beta of 1.91. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $8.18 and a two-hundred day moving average price of $9.29. 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 issued its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. The business had revenue of $355.13 million during the quarter, compared to analyst estimates of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. As a group, equities analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

Helix Energy Solutions Group Company 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.