Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 433,122 shares of the oil and gas company’s stock after selling 9,142 shares during the quarter. Rhumbline Advisers owned approximately 0.28% of Helix Energy Solutions Group worth $5,171,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HLX. CWM LLC boosted its position in shares of Helix Energy Solutions Group by 10.4% in the second quarter. CWM LLC now owns 9,043 shares of the oil and gas company’s stock worth $108,000 after acquiring an additional 850 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Helix Energy Solutions Group by 24.0% in the 2nd quarter. GAMMA Investing LLC now owns 6,379 shares of the oil and gas company’s stock valued at $76,000 after purchasing an additional 1,236 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Helix Energy Solutions Group by 10.2% during the 1st quarter. Bleakley Financial Group LLC now owns 15,039 shares of the oil and gas company’s stock worth $163,000 after purchasing an additional 1,391 shares during the period. Texas Permanent School Fund Corp increased its position in Helix Energy Solutions Group by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 123,987 shares of the oil and gas company’s stock worth $1,344,000 after purchasing an additional 1,606 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its holdings in Helix Energy Solutions Group by 2.7% in the second quarter. Louisiana State Employees Retirement System now owns 72,100 shares of the oil and gas company’s stock valued at $861,000 after buying an additional 1,900 shares during the period. 91.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, TD Cowen raised their target price on Helix Energy Solutions Group from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, June 25th.

Insider Buying and Selling at Helix Energy Solutions Group

In related news, Director Diana Glassman sold 2,864 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $10.49, for a total value of $30,043.36. Following the completion of the sale, the director now directly owns 42,133 shares of the company’s stock, valued at $441,975.17. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 6.37% of the stock is currently owned by insiders.

Helix Energy Solutions Group Stock Up 0.4 %

Shares of Helix Energy Solutions Group stock opened at $9.48 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.08 and a quick ratio of 2.08. Helix Energy Solutions Group, Inc. has a 1-year low of $8.82 and a 1-year high of $13.05. The business has a 50-day moving average of $11.09 and a 200-day moving average of $10.96. The company has a market capitalization of $1.44 billion, a PE ratio of -45.14 and a beta of 2.42.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data on Wednesday, July 24th. The oil and gas company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. Helix Energy Solutions Group had a positive return on equity of 4.35% and a negative net margin of 0.49%. The firm had revenue of $364.80 million during the quarter, compared to analyst estimates of $353.19 million. During the same quarter last year, the firm earned $0.11 EPS.

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.