Schroder Investment Management Group Makes New $352,000 Investment in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Schroder Investment Management Group acquired a new position in Helix Energy Solutions Group, Inc. (NYSE:HLX) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 37,787 shares of the oil and gas company’s stock, valued at approximately $352,000.

Several other hedge funds have also recently made changes to their positions in HLX. Pacer Advisors Inc. raised its stake in Helix Energy Solutions Group by 16.4% in the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company’s stock worth $61,016,000 after buying an additional 923,477 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $6,070,000. Forge First Asset Management Inc. purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter valued at approximately $5,565,000. Principal Financial Group Inc. boosted its position in shares of Helix Energy Solutions Group by 38.6% during the third quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company’s stock valued at $22,919,000 after purchasing an additional 575,450 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Helix Energy Solutions Group by 10.2% in the fourth quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company’s stock worth $44,056,000 after purchasing an additional 437,814 shares during the period. 91.33% of the stock is owned by hedge funds and other institutional investors.

Helix Energy Solutions Group Stock Performance

Shares of Helix Energy Solutions Group stock opened at $5.94 on Wednesday. Helix Energy Solutions Group, Inc. has a 12 month low of $5.85 and a 12 month high of $13.05. The firm has a market capitalization of $899.33 million, a P/E ratio of 148.41 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 business has a fifty day simple moving average of $8.06 and a two-hundred day simple moving average of $9.21.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.09 by $0.04. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. The business had revenue of $355.13 million for the quarter, compared to analyst estimates of $311.66 million. On average, equities 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.