Mutual of America Capital Management LLC Sells 2,057 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Mutual of America Capital Management LLC lowered its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 8.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,498 shares of the oil and gas company’s stock after selling 2,057 shares during the period. Mutual of America Capital Management LLC’s holdings in Helix Energy Solutions Group were worth $239,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Helix Energy Solutions Group by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 13,366,874 shares of the oil and gas company’s stock valued at $144,897,000 after purchasing an additional 152,413 shares during the period. Dimensional Fund Advisors LP increased its position in Helix Energy Solutions Group by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 11,018,797 shares of the oil and gas company’s stock worth $131,559,000 after purchasing an additional 254,880 shares in the last quarter. Pacer Advisors Inc. acquired a new position in Helix Energy Solutions Group in the 2nd quarter valued at approximately $81,862,000. American Century Companies Inc. increased its position in Helix Energy Solutions Group by 24.9% in the 2nd quarter. American Century Companies Inc. now owns 3,413,435 shares of the oil and gas company’s stock valued at $40,756,000 after acquiring an additional 680,635 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in shares of Helix Energy Solutions Group by 74.1% during the second quarter. Assenagon Asset Management S.A. now owns 2,314,924 shares of the oil and gas company’s stock worth $27,640,000 after buying an additional 985,101 shares during the period. Institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Trading Down 0.2 %

NYSE HLX opened at $10.80 on Friday. The stock has a market cap of $1.64 billion, a P/E ratio of 270.07 and a beta of 2.43. Helix Energy Solutions Group, Inc. has a fifty-two week low of $8.82 and a fifty-two week high of $13.05. The stock has a 50 day simple moving average of $10.30 and a two-hundred day simple moving average of $10.81. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.29 and a current ratio of 2.29.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data on Wednesday, October 23rd. The oil and gas company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The business had revenue of $342.42 million during the quarter, compared to analyst estimates of $354.74 million. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. During the same period in the prior year, the business earned $0.19 EPS. On average, analysts forecast that Helix Energy Solutions Group, Inc. will post 0.29 earnings per share for the current year.

Insider Activity

In other news, CEO Owen E. Kratz sold 298,419 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $11.92, for a total transaction of $3,557,154.48. Following the transaction, the chief executive officer now directly owns 7,171,860 shares of the company’s stock, valued at $85,488,571.20. This represents a 3.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.37% of the company’s stock.

Analysts Set New Price Targets

HLX has been the topic of several research analyst reports. StockNews.com lowered shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research note on Tuesday. TD Cowen decreased their price target on Helix Energy Solutions Group from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. BTIG Research cut shares of Helix Energy Solutions Group from a “buy” rating to a “neutral” rating in a research report on Thursday, October 24th. Finally, Raymond James assumed coverage on Helix Energy Solutions Group in a research note on Thursday, September 19th. They issued a “strong-buy” rating and a $14.00 target price for the company.

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 four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.