Helix Energy Solutions Group Inc. (NYSE:HLX) was down 2.7% during trading on Thursday . The company traded as low as $7.56 and last traded at $7.61, with a volume of 1,627,291 shares trading hands. The stock had previously closed at $7.82.

A number of equities research analysts have commented on HLX shares. Credit Suisse Group AG upgraded Helix Energy Solutions Group from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $5.00 to $10.00 in a research report on Tuesday, April 12th. Morgan Stanley boosted their price objective on Helix Energy Solutions Group from $11.00 to $14.50 and gave the company an “overweight” rating in a report on Tuesday, April 19th. Simmons reiterated a “buy” rating and issued a $9.10 price objective (up previously from $8.00) on shares of Helix Energy Solutions Group in a report on Tuesday, June 21st. Finally, Stephens downgraded Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $9.00 to $8.00 in a report on Friday, June 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $9.11.

The company has a 50-day moving average of $7.32 and a 200-day moving average of $5.90. The company’s market capitalization is $823.68 million.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Tuesday, July 19th. The company reported ($0.10) EPS for the quarter, meeting analysts’ consensus estimates of ($0.10). During the same period last year, the firm posted ($0.03) EPS. Equities analysts anticipate that Helix Energy Solutions Group Inc. will post ($0.39) earnings per share for the current fiscal year.

Several large investors have bought and sold shares of the company. California State Teachers Retirement System boosted its stake in 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 during the period. Bank of Montreal Can boosted its stake in 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 during the period. California Public Employees Retirement System boosted its stake in 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 during the period. Guinness Asset Management Ltd boosted its stake in 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 during the period. Finally, General American Investors Co. Inc. acquired a new stake in Helix Energy Solutions Group during the fourth quarter valued at about $5,675,000.

Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.

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