Amundi Purchases 58,976 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Amundi boosted its position in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 191.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,714 shares of the oil and gas company’s stock after purchasing an additional 58,976 shares during the quarter. Amundi owned about 0.06% of Helix Energy Solutions Group worth $812,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. bought a new stake in Helix Energy Solutions Group in the 3rd quarter valued at $33,000. Smartleaf Asset Management LLC boosted its stake in Helix Energy Solutions Group by 143.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company’s stock valued at $45,000 after purchasing an additional 2,902 shares during the period. Millburn Ridgefield Corp bought a new stake in Helix Energy Solutions Group in the 3rd quarter valued at $61,000. KBC Group NV boosted its stake in Helix Energy Solutions Group by 61.8% in the 4th quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock valued at $85,000 after purchasing an additional 3,491 shares during the period. Finally, Vontobel Holding Ltd. bought a new stake in shares of Helix Energy Solutions Group during the 4th quarter valued at $93,000. 91.33% of the stock is currently owned by institutional investors.

Insider Transactions at Helix Energy Solutions Group

In other news, EVP Kenneth English Neikirk sold 83,991 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $9.17, for a total transaction of $770,197.47. Following the completion of the transaction, the executive vice president now owns 104,549 shares of the company’s stock, valued at approximately $958,714.33. The trade was a 44.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.37% of the stock is owned by insiders.

Helix Energy Solutions Group Stock Performance

NYSE:HLX opened at $8.72 on Thursday. The stock has a fifty day moving average price of $8.32 and a 200-day moving average price of $9.43. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 217.93 and a beta of 2.41. 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, Inc. has a fifty-two week low of $7.56 and a fifty-two week high of $13.05.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings results on Monday, February 24th. The oil and gas company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. The company had revenue of $355.13 million during the quarter, compared to analysts’ expectations of $311.66 million. As a group, equities analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 4th.

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.