Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 1.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,251,778 shares of the oil and gas company’s stock after selling 35,139 shares during the period. Geode Capital Management LLC’s holdings in Helix Energy Solutions Group were worth $30,314,000 at the end of the most recent reporting period.

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

Helix Energy Solutions Group Stock Performance

HLX opened at $6.50 on Thursday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market cap of $984.95 million, a PE ratio of 162.54 and a beta of 1.91. The business has a fifty day simple moving average of $7.84 and a 200-day simple moving average of $9.05. Helix Energy Solutions Group, Inc. has a fifty-two week low of $5.77 and a fifty-two week 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 for the quarter, beating analysts’ consensus estimates 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 predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal 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.