Helix Energy Solutions Group, Inc. (NYSE:HLX) Stake Boosted by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. increased its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 34.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,724 shares of the oil and gas company’s stock after purchasing an additional 3,554 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Helix Energy Solutions Group were worth $141,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. National Bank of Canada FI purchased a new position in Helix Energy Solutions Group in the 3rd quarter worth about $66,000. Emerald Mutual Fund Advisers Trust purchased a new position in Helix Energy Solutions Group during the 3rd quarter valued at about $87,000. Counterpoint Mutual Funds LLC purchased a new position in Helix Energy Solutions Group during the 3rd quarter valued at about $109,000. Vanguard Personalized Indexing Management LLC purchased a new position in Helix Energy Solutions Group during the 3rd quarter valued at about $117,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Helix Energy Solutions Group during the 3rd quarter valued at about $166,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Trading Up 2.6 %

NYSE:HLX opened at $11.30 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.56 and a quick ratio of 1.56. Helix Energy Solutions Group, Inc. has a fifty-two week low of $6.18 and a fifty-two week high of $12.14. The stock’s 50-day moving average is $10.42 and its two-hundred day moving average is $10.01. The stock has a market cap of $1.73 billion, a PE ratio of -161.43 and a beta of 2.50.

Helix Energy Solutions Group (NYSE:HLX) last released its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). Helix Energy Solutions Group had a negative net margin of 0.84% and a positive return on equity of 3.40%. The business had revenue of $296.21 million for the quarter, compared to analysts’ expectations of $303.00 million. As a group, equities research analysts forecast that Helix Energy Solutions Group, Inc. will post 0.44 earnings per share for the current fiscal year.

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.