Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Purchased by Sterling Capital Management LLC

Sterling Capital Management LLC increased its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 11,365.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,532 shares of the oil and gas company’s stock after purchasing an additional 49,100 shares during the period. Sterling Capital Management LLC’s holdings in Helix Energy Solutions Group were worth $462,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in shares of Helix Energy Solutions Group by 18.3% during the fourth quarter. Principal Financial Group Inc. now owns 2,443,203 shares of the oil and gas company’s stock valued at $22,771,000 after buying an additional 378,394 shares during the last quarter. Jane Street Group LLC grew its stake in Helix Energy Solutions Group by 217.0% during the 3rd quarter. Jane Street Group LLC now owns 305,767 shares of the oil and gas company’s stock valued at $3,394,000 after purchasing an additional 209,311 shares during the last quarter. Forge First Asset Management Inc. purchased a new stake in Helix Energy Solutions Group during the 4th quarter valued at about $5,565,000. Wellington Management Group LLP increased its holdings in shares of Helix Energy Solutions Group by 13.7% in the fourth quarter. Wellington Management Group LLP now owns 3,282,202 shares of the oil and gas company’s stock valued at $30,590,000 after purchasing an additional 396,666 shares during the period. Finally, Amundi raised its stake in shares of Helix Energy Solutions Group by 191.9% in the fourth quarter. Amundi now owns 89,714 shares of the oil and gas company’s stock worth $812,000 after purchasing an additional 58,976 shares during the last quarter. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Price Performance

Shares of NYSE HLX opened at $6.83 on Friday. Helix Energy Solutions Group, Inc. has a 52 week low of $5.77 and a 52 week high of $13.05. The business’s 50 day moving average price is $7.81 and its 200 day moving average price is $9.02. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.04 billion, a P/E ratio of 170.89 and a beta of 1.91.

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. The business had revenue of $355.13 million for the quarter, compared to the consensus estimate of $311.66 million. On average, sell-side analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

Helix Energy Solutions Group Company 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.