Shares of Helix Energy Solutions Group Inc. (NYSE:HLX) were up 4.6% during mid-day trading on Monday . The stock traded as high as $8.18 and last traded at $8.18, with a volume of 566,085 shares trading hands. The stock had previously closed at $7.82.

Several analysts recently issued reports on HLX shares. Morgan Stanley lifted their target price on Helix Energy Solutions Group from $11.00 to $14.50 and gave the company an “overweight” rating in a research note on Tuesday, April 19th. Clarkson Capital raised Helix Energy Solutions Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 26th. Simmons set a $10.00 target price on Helix Energy Solutions Group and gave the company a “buy” rating in a research note on Thursday, July 21st. Stephens downgraded Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $9.00 to $8.00 in a research note on Friday, June 3rd. Finally, Credit Suisse Group AG reissued a “buy” rating and set a $10.00 target price on shares of Helix Energy Solutions Group in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Helix Energy Solutions Group presently has an average rating of “Hold” and a consensus target price of $9.11.

The company’s market cap is $910.12 million. The firm’s 50-day moving average is $7.48 and its 200-day moving average is $6.40.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings results on Tuesday, July 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.10). During the same period in the previous year, the company posted ($0.03) EPS. On average, analysts forecast that Helix Energy Solutions Group Inc. will post ($0.36) earnings per share for the current year.

A number of institutional investors have modified their holdings of HLX. Victory Capital Management Inc. increased 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. Bank of Montreal Can increased 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. Finally, California Public Employees Retirement System increased 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.

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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