Barclays PLC Acquires 44,751 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Barclays PLC grew its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 14.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 351,233 shares of the oil and gas company’s stock after buying an additional 44,751 shares during the quarter. Barclays PLC owned 0.23% of Helix Energy Solutions Group worth $3,274,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in shares of Helix Energy Solutions Group by 143.1% during the fourth 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 last quarter. KBC Group NV grew its stake in shares of Helix Energy Solutions Group by 61.8% during the fourth quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock valued at $85,000 after buying an additional 3,491 shares during the last quarter. Vontobel Holding Ltd. bought a new position in shares of Helix Energy Solutions Group during the fourth quarter valued at approximately $93,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Helix Energy Solutions Group during the fourth quarter valued at approximately $99,000. Finally, Inceptionr LLC bought a new position in shares of Helix Energy Solutions Group during the fourth quarter valued at approximately $113,000. Institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Down 2.4 %

Shares of NYSE:HLX opened at $6.14 on Tuesday. Helix Energy Solutions Group, Inc. has a 52-week low of $5.66 and a 52-week high of $13.05. The stock has a market cap of $930.39 million, a P/E ratio of 153.54 and a beta of 1.91. The business’s 50 day moving average is $7.58 and its 200 day moving average is $8.78. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.07. The business had revenue of $278.06 million for the quarter, compared to analysts’ expectations of $285.06 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. Sell-side analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Raymond James cut Helix Energy Solutions Group from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from $14.00 to $10.00 in a research note on Friday.

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.