Helix Energy Solutions Group Inc. (NYSE:HLX) shares rose 2.2% during mid-day trading on Tuesday . The company traded as high as $8.00 and last traded at $7.95, with a volume of 1,221,909 shares changing hands. The stock had previously closed at $7.78.

HLX has been the subject of a number of analyst reports. Credit Suisse Group AG raised shares of Helix Energy Solutions Group from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $5.00 to $10.00 in a research note on Tuesday, April 12th. Morgan Stanley reaffirmed a “buy” rating on shares of Helix Energy Solutions Group in a research note on Thursday, April 21st. Simmons reaffirmed a “buy” rating and issued a $9.10 price target (up from $8.00) on shares of Helix Energy Solutions Group in a research note on Tuesday, June 21st. Stephens lowered shares of Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $9.00 to $8.00 in a research note on Friday, June 3rd. Finally, Clarkson Capital raised shares of Helix Energy Solutions Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.11.

The company’s market capitalization is $894.35 million. The firm has a 50 day moving average price of $7.21 and a 200 day moving average price of $6.11.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings data on Tuesday, July 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.10). During the same quarter last year, the firm posted ($0.03) earnings per share. On average, equities research analysts anticipate that Helix Energy Solutions Group Inc. will post ($0.37) earnings per share for the current year.

Other institutional investors have made changes to their positions in the company. California State Teachers Retirement System boosted its position 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 worth $1,032,000 after buying an additional 3,549 shares in the last quarter. California Public Employees Retirement System boosted its position 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 worth $3,309,000 after buying an additional 93,600 shares in the last quarter. 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. Victory Capital Management Inc. boosted its position 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 worth $22,837,000 after buying an additional 1,366,000 shares in the last quarter. Finally, Guinness Asset Management Ltd boosted its position 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 worth $3,654,000 after buying an additional 132,965 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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