Laurion Capital Management LP bought a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,200 shares of the oil and gas company’s stock, valued at approximately $149,000.

A number of other large investors also recently made changes to their positions in HLX. Vident Investment Advisory LLC increased its stake in shares of Helix Energy Solutions Group by 21.6% in the fourth quarter. Vident Investment Advisory LLC now owns 152,805 shares of the oil and gas company’s stock worth $1,348,000 after buying an additional 27,175 shares in the last quarter. Teachers Advisors LLC increased its stake in shares of Helix Energy Solutions Group by 447.7% in the fourth quarter. Teachers Advisors LLC now owns 931,995 shares of the oil and gas company’s stock worth $8,220,000 after buying an additional 761,840 shares in the last quarter. Highbridge Capital Management LLC increased its stake in shares of Helix Energy Solutions Group by 564.9% in the fourth quarter. Highbridge Capital Management LLC now owns 152,273 shares of the oil and gas company’s stock worth $1,343,000 after buying an additional 129,370 shares in the last quarter. Round Table Services LLC bought a new stake in shares of Helix Energy Solutions Group during the first quarter worth $163,000. Finally, Royce & Associates LP increased its stake in shares of Helix Energy Solutions Group by 20.7% in the fourth quarter. Royce & Associates LP now owns 332,076 shares of the oil and gas company’s stock worth $2,929,000 after buying an additional 56,883 shares in the last quarter. 89.44% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Helix Energy Solutions Group (NYSE:HLX)

Shares of Helix Energy Solutions Group, Inc. (NYSE HLX) traded down 3.70% on Tuesday, reaching $5.20. 282,331 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $5.63 and a 200 day moving average price of $7.61. Helix Energy Solutions Group, Inc. has a one year low of $4.82 and a one year high of $11.87. The firm’s market cap is $767.80 million.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data on Sunday, April 23rd. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.03. The business had revenue of $104.50 million for the quarter, compared to analysts’ expectations of $110.22 million. Helix Energy Solutions Group had a negative return on equity of 1.58% and a negative net margin of 13.98%. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.26) EPS. Analysts expect that Helix Energy Solutions Group, Inc. will post ($0.18) EPS for the current fiscal year.

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HLX has been the topic of a number of recent analyst reports. Stephens raised shares of Helix Energy Solutions Group from an “equal weight” rating to an “overweight” rating and set a $10.00 target price on the stock in a research note on Tuesday, February 28th. Johnson Rice raised shares of Helix Energy Solutions Group from a “hold” rating to an “accumulate” rating in a research note on Wednesday, February 22nd. ValuEngine downgraded shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. Finally, Cowen and Company raised shares of Helix Energy Solutions Group from a “market perform” rating to an “outperform” rating and raised their target price for the company from $8.00 to $10.00 in a research note on Monday, June 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $10.39.

About Helix Energy Solutions Group

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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