Helix Energy Solutions Group Inc. (NYSE:HLX)’s share price was up 7.3% during trading on Tuesday . The company traded as high as $7.88 and last traded at $7.82, with a volume of 965,121 shares traded. The stock had previously closed at $7.29.

A number of equities analysts recently commented on HLX shares. Morgan Stanley reiterated a “buy” rating on shares of Helix Energy Solutions Group in a research report on Thursday, April 21st. Simmons reissued a “buy” rating and issued a $9.10 price target (up previously from $8.00) on shares of Helix Energy Solutions Group in a report on Tuesday, June 21st. Stephens lowered shares of Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $9.00 to $8.00 in a report on Friday, June 3rd. Finally, Credit Suisse Group AG raised shares of Helix Energy Solutions Group from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $5.00 to $10.00 in a report on Tuesday, April 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $9.01.

The company’s market cap is $851.64 million. The firm’s 50 day moving average price is $7.43 and its 200 day moving average price is $5.81.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Tuesday, April 19th. The company reported ($0.26) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.28) by $0.02. The firm earned $91 million during the quarter, compared to analysts’ expectations of $106.49 million. The company’s revenue was down 52.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 EPS. On average, equities research analysts forecast that Helix Energy Solutions Group Inc. will post ($0.34) earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its stake in shares of Helix Energy Solutions Group by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 196,287 shares of the company’s stock valued at $1,032,000 after buying an additional 3,549 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Helix Energy Solutions Group by 126.9% in the fourth quarter. Bank of Montreal Can now owns 223,552 shares of the company’s stock valued at $1,177,000 after buying an additional 125,042 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Helix Energy Solutions Group by 17.5% in the fourth quarter. California Public Employees Retirement System now owns 629,123 shares of the company’s stock valued at $3,309,000 after buying an additional 93,600 shares in the last quarter. Guinness Asset Management Ltd increased its stake in shares of Helix Energy Solutions Group by 23.7% in the fourth quarter. Guinness Asset Management Ltd now owns 694,595 shares of the company’s stock valued at $3,654,000 after buying an additional 132,965 shares in the last quarter. Finally, General American Investors Co. Inc. purchased a new stake in shares of Helix Energy Solutions Group during the fourth quarter valued at $5,675,000.

Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company operates in four business segments: Well Intervention, Robotics, Production Facilities and Subsea Construction. Well Intervention segment includes its vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions.

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