Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 112,593 shares of the oil and gas company’s stock after selling 4,260 shares during the quarter. Los Angeles Capital Management LLC owned about 0.07% of Helix Energy Solutions Group worth $1,157,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HLX. GAMMA Investing LLC purchased a new stake in Helix Energy Solutions Group during the 4th quarter worth about $44,000. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Helix Energy Solutions Group during the third quarter worth about $87,000. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Helix Energy Solutions Group during the third quarter valued at approximately $114,000. Vanguard Personalized Indexing Management LLC acquired a new stake in Helix Energy Solutions Group during the third quarter worth approximately $117,000. Finally, Syon Capital LLC purchased a new stake in Helix Energy Solutions Group in the 4th quarter worth approximately $138,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Trading Up 1.6 %

Shares of Helix Energy Solutions Group stock opened at $11.56 on Thursday. The firm has a market cap of $1.76 billion, a PE ratio of -55.02 and a beta of 2.50. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.21. Helix Energy Solutions Group, Inc. has a fifty-two week low of $6.18 and a fifty-two week high of $12.14. The business’s fifty day moving average is $10.68 and its two-hundred day moving average is $10.04.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Helix Energy Solutions Group had a positive return on equity of 3.22% and a negative net margin of 2.39%. The business had revenue of $296.21 million during the quarter, compared to analyst estimates of $303.00 million. Analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.44 earnings per share for the current year.

Insider Buying and Selling

In other Helix Energy Solutions Group news, COO Scott Andrew Sparks sold 12,000 shares of Helix Energy Solutions Group stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $11.44, for a total value of $137,280.00. Following the transaction, the chief operating officer now owns 282,634 shares in the company, valued at approximately $3,233,332.96. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.37% of the stock is currently owned by company insiders.

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.