Thrivent Financial for Lutherans Sells 1,726 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Thrivent Financial for Lutherans lessened its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 1.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 110,515 shares of the oil and gas company’s stock after selling 1,726 shares during the period. Thrivent Financial for Lutherans owned about 0.07% of Helix Energy Solutions Group worth $1,030,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in HLX. Smartleaf Asset Management LLC lifted its position in Helix Energy Solutions Group by 143.1% during the fourth 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 in the last quarter. Millburn Ridgefield Corp purchased a new position in shares of Helix Energy Solutions Group during the 3rd quarter valued at about $61,000. KBC Group NV grew its stake in shares of Helix Energy Solutions Group by 61.8% during the 4th quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock valued at $85,000 after acquiring an additional 3,491 shares during the period. Vontobel Holding Ltd. bought a new position in shares of Helix Energy Solutions Group during the 4th quarter valued at approximately $93,000. Finally, Inceptionr LLC bought a new stake in Helix Energy Solutions Group during the 4th quarter worth approximately $113,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Price Performance

NYSE:HLX opened at $8.50 on Wednesday. The business’s 50-day simple moving average is $8.25 and its two-hundred day simple moving average is $9.34. Helix Energy Solutions Group, Inc. has a 52 week low of $7.56 and a 52 week high of $13.05. The stock has a market cap of $1.28 billion, a PE ratio of 212.43 and a beta of 2.41. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19.

Helix Energy Solutions Group (NYSE:HLX) last issued its earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $311.66 million. As a group, analysts forecast that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.