Helix Energy Solutions Group Inc. (NYSE:HLX) gapped up before the market opened on Wednesday . The stock had previously closed at $7.48, but opened at $7.51. Helix Energy Solutions Group shares last traded at $7.61, with a volume of 1,019,866 shares.

HLX has been the topic of several recent research reports. Morgan Stanley restated a “buy” rating on shares of Helix Energy Solutions Group in a report on Thursday, April 21st. Clarkson Capital upgraded Helix Energy Solutions Group from a “neutral” rating to a “buy” rating in a report on Tuesday. Simmons set a $10.00 price target on Helix Energy Solutions Group and gave the stock a “buy” rating in a report on Thursday, July 21st. Credit Suisse Group AG restated a “buy” rating and set a $10.00 price target on shares of Helix Energy Solutions Group in a report on Wednesday, July 20th. Finally, Stephens downgraded 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $9.11.

The stock has a 50-day moving average price of $7.23 and a 200-day moving average price of $5.99. The stock’s market cap is $865.07 million.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings results on Tuesday, July 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.10). During the same period in the previous year, the company posted ($0.03) EPS. Analysts expect that Helix Energy Solutions Group Inc. will post ($0.39) earnings per share for the current fiscal year.

Other large investors have recently bought and sold shares of the company. Guinness Asset Management Ltd increased 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 worth $3,654,000 after buying an additional 132,965 shares during the period. Victory Capital Management Inc. increased its stake in 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 worth $22,837,000 after buying an additional 1,366,000 shares during the period. Bank of Montreal Can boosted its position 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 worth $1,177,000 after buying an additional 125,042 shares in the last quarter. General American Investors Co. Inc. bought a new position in shares of Helix Energy Solutions Group during the fourth quarter worth approximately $5,675,000. Finally, Boston Partners boosted its position 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 worth $12,120,000 after buying an additional 128,465 shares in 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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