Helix Energy Solutions Group Inc. (NYSE:HLX) saw unusually-high trading volume on Wednesday . Approximately 2,132,264 shares changed hands during mid-day trading, an increase of 16% from the previous session’s volume of 1,843,562 shares.The stock last traded at $7.71 and had previously closed at $7.03.

HLX has been the topic of a number of analyst reports. Credit Suisse Group AG upgraded Helix Energy Solutions Group from a “neutral” rating to an “outperform” rating and increased their target price for the company from $5.00 to $10.00 in a report on Tuesday, April 12th. Morgan Stanley reiterated a “buy” rating on shares of Helix Energy Solutions Group in a report on Thursday, April 21st. Simmons reiterated a “buy” rating and set a $9.10 target price (up previously from $8.00) on shares of Helix Energy Solutions Group in a report on Tuesday, June 21st. Finally, Stephens cut Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and lowered their target price 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 assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $9.11.

The firm’s market cap is $848.12 million. The stock has a 50 day moving average of $7.31 and a 200-day moving average of $5.91.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Tuesday, July 19th. The company reported ($0.10) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.10). During the same period in the prior year, the firm posted ($0.03) EPS. On average, equities analysts expect that Helix Energy Solutions Group Inc. will post ($0.39) EPS for the current fiscal year.

Other large investors have recently made changes to their positions in the company. Victory Capital Management Inc. boosted its stake in shares of Helix Energy Solutions Group by 45.9% in the fourth quarter. Victory Capital Management Inc. now owns 4,341,558 shares of the company’s stock valued at $22,837,000 after buying an additional 1,366,000 shares during the last quarter. Boston Partners boosted its stake in shares of Helix Energy Solutions Group by 5.9% in the fourth quarter. Boston Partners now owns 2,304,155 shares of the company’s stock valued at $12,120,000 after buying an additional 128,465 shares during the last quarter. Guinness Asset Management Ltd boosted 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 during the last quarter. California State Teachers Retirement System boosted 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 during the last quarter. Finally, Bank of Montreal Can boosted 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 during the last quarter.

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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