Helix Energy Solutions Group Inc. (NYSE:HLX)’s share price rose 4.2% on Tuesday . The stock traded as high as $7.52 and last traded at $7.52, with a volume of 1,808,804 shares. The stock had previously closed at $7.22.

HLX has been the subject of several research analyst reports. Credit Suisse Group AG raised Helix Energy Solutions Group from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock 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 stock an “overweight” rating in a research report on Tuesday, April 19th. Stephens cut Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $9.00 to $8.00 in a research report on Friday, June 3rd. Simmons reissued a “buy” rating and set a $9.10 price objective (up previously from $8.00) on shares of Helix Energy Solutions Group in a research report on Tuesday, June 21st. Finally, Clarkson Capital raised Helix Energy Solutions Group from a “neutral” rating to a “buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. Helix Energy Solutions Group has a consensus rating of “Hold” and a consensus price target of $9.11.

The company’s market capitalization is $845.92 million. The stock has a 50-day moving average price of $7.26 and a 200 day moving average price of $5.98.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings data on Tuesday, July 19th. The company reported ($0.10) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.10). During the same period in the prior year, the firm posted ($0.03) earnings per share. Equities analysts predict that Helix Energy Solutions Group Inc. will post ($0.39) earnings per share for the current year.

A number of institutional investors have bought and sold shares of HLX. California State Teachers Retirement System boosted its position 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 worth $1,032,000 after buying an additional 3,549 shares during the last quarter. California Public Employees Retirement System boosted its position 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 worth $3,309,000 after buying an additional 93,600 shares during the last quarter. Bank of Montreal Can boosted its position 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 worth $1,177,000 after buying an additional 125,042 shares during the last quarter. Boston Partners boosted its position in 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 during the last quarter. Finally, Guinness Asset Management Ltd boosted its position 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 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.