PNC Financial Services Group Inc. decreased its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX – Free Report) by 15.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,973 shares of the oil and gas company’s stock after selling 5,906 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Helix Energy Solutions Group were worth $368,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of HLX. Millennium Management LLC raised its stake in Helix Energy Solutions Group by 107.8% during the fourth quarter. Millennium Management LLC now owns 5,927,133 shares of the oil and gas company’s stock worth $43,742,000 after acquiring an additional 3,075,062 shares in the last quarter. Encompass Capital Advisors LLC bought a new stake in shares of Helix Energy Solutions Group during the second quarter worth about $14,665,000. Dimensional Fund Advisors LP grew its holdings in shares of Helix Energy Solutions Group by 20.7% during the first quarter. Dimensional Fund Advisors LP now owns 9,621,561 shares of the oil and gas company’s stock worth $74,471,000 after purchasing an additional 1,649,169 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Helix Energy Solutions Group by 202.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,177,004 shares of the oil and gas company’s stock worth $10,406,000 after purchasing an additional 1,457,577 shares during the last quarter. Finally, Voya Investment Management LLC grew its holdings in shares of Helix Energy Solutions Group by 1,280.5% during the second quarter. Voya Investment Management LLC now owns 1,335,175 shares of the oil and gas company’s stock worth $4,139,000 after purchasing an additional 1,238,461 shares during the last quarter. Institutional investors and hedge funds own 98.58% of the company’s stock.
Helix Energy Solutions Group Stock Performance
NYSE:HLX opened at $9.58 on Friday. The stock has a market cap of $1.44 billion, a P/E ratio of -136.79 and a beta of 2.54. The company has a current ratio of 1.56, a quick ratio of 1.42 and a debt-to-equity ratio of 0.21. The stock’s 50-day moving average is $9.70 and its 200-day moving average is $9.95. Helix Energy Solutions Group, Inc. has a 1-year low of $6.18 and a 1-year high of $11.88.
Helix Energy Solutions Group (NYSE:HLX – Get Free Report) last released its quarterly earnings results on Monday, February 26th. The oil and gas company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.29). The firm had revenue of $335.16 million for the quarter, compared to the consensus estimate of $326.59 million. Helix Energy Solutions Group had a positive return on equity of 3.40% and a negative net margin of 0.84%. During the same quarter last year, the firm posted $0.09 earnings per share. Equities research analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.71 earnings per share for the current year.
About Helix Energy Solutions Group
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 Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.
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