KCG Holdings Inc. decreased its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 61.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,652 shares of the oil and gas company’s stock after selling 77,379 shares during the period. KCG Holdings Inc.’s holdings in Helix Energy Solutions Group were worth $378,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HLX. BlackRock Inc. increased its stake in Helix Energy Solutions Group by 31,634.0% in the first quarter. BlackRock Inc. now owns 17,588,903 shares of the oil and gas company’s stock valued at $136,665,000 after buying an additional 17,533,477 shares in the last quarter. Vanguard Group Inc. increased its stake in Helix Energy Solutions Group by 31.4% in the first quarter. Vanguard Group Inc. now owns 12,647,162 shares of the oil and gas company’s stock valued at $98,268,000 after buying an additional 3,022,776 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Helix Energy Solutions Group by 18.4% in the first quarter. Dimensional Fund Advisors LP now owns 11,341,629 shares of the oil and gas company’s stock valued at $88,123,000 after buying an additional 1,762,314 shares in the last quarter. FMR LLC increased its stake in Helix Energy Solutions Group by 50.8% in the first quarter. FMR LLC now owns 4,072,627 shares of the oil and gas company’s stock valued at $31,644,000 after buying an additional 1,372,429 shares in the last quarter. Finally, Norges Bank acquired a new stake in Helix Energy Solutions Group during the fourth quarter valued at about $9,047,000. Institutional investors own 89.13% of the company’s stock.

Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) opened at 5.71 on Wednesday. The firm’s market capitalization is $843.10 million. The company has a 50-day moving average of $5.39 and a 200 day moving average of $6.91. Helix Energy Solutions Group, Inc. has a 12-month low of $4.82 and a 12-month high of $11.87.

Helix Energy Solutions Group (NYSE:HLX) last announced 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 consensus estimate of ($0.14) by $0.03. The business had revenue of $104.50 million for the quarter, compared to the consensus estimate of $110.22 million. Helix Energy Solutions Group had a negative net margin of 13.98% and a negative return on equity of 1.58%. Helix Energy Solutions Group’s quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the company posted ($0.26) earnings per share. On average, analysts predict that Helix Energy Solutions Group, Inc. will post ($0.20) EPS for the current year.

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Several equities research analysts have issued reports on HLX shares. 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. Cowen and Company upgraded shares of Helix Energy Solutions Group from a “market perform” rating to an “outperform” rating and upped their target price for the company from $8.00 to $10.00 in a research note on Monday, June 5th. ValuEngine downgraded shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Tudor Pickering upgraded shares of Helix Energy Solutions Group from a “hold” rating to a “buy” rating in a research note on Monday, April 3rd. Finally, Morgan Stanley restated an “overweight” rating and issued a $8.00 target price (down from $15.00) on shares of Helix Energy Solutions Group in a research note on Wednesday, June 21st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $10.09.

Helix Energy Solutions Group Company Profile

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

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