Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Helix Energy Solutions Group Inc (NYSE:HLX) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 29,446 shares of the oil and gas company’s stock, valued at approximately $245,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. grew its holdings in shares of Helix Energy Solutions Group by 0.9% in the first quarter. BlackRock Inc. now owns 18,511,768 shares of the oil and gas company’s stock valued at $107,182,000 after purchasing an additional 166,466 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Helix Energy Solutions Group by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 12,545,557 shares of the oil and gas company’s stock valued at $72,639,000 after purchasing an additional 33,460 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Helix Energy Solutions Group by 3.9% in the second quarter. Victory Capital Management Inc. now owns 6,958,736 shares of the oil and gas company’s stock valued at $57,966,000 after purchasing an additional 262,605 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Helix Energy Solutions Group by 725.5% in the first quarter. Legal & General Group Plc now owns 2,370,722 shares of the oil and gas company’s stock valued at $13,720,000 after purchasing an additional 2,083,536 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado grew its holdings in shares of Helix Energy Solutions Group by 23.4% in the second quarter. Public Employees Retirement Association of Colorado now owns 1,796,655 shares of the oil and gas company’s stock valued at $14,966,000 after purchasing an additional 340,700 shares in the last quarter. 89.48% of the stock is owned by institutional investors and hedge funds.

HLX stock opened at $8.87 on Friday. Helix Energy Solutions Group Inc has a fifty-two week low of $5.44 and a fifty-two week high of $10.41. The company has a quick ratio of 2.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $1.38 billion, a P/E ratio of -59.13 and a beta of 2.56.

Helix Energy Solutions Group (NYSE:HLX) last posted its earnings results on Monday, July 23rd. The oil and gas company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Helix Energy Solutions Group had a net margin of 9.79% and a return on equity of 1.05%. The firm had revenue of $204.63 million during the quarter, compared to analyst estimates of $183.54 million. During the same period last year, the firm posted ($0.03) earnings per share. Helix Energy Solutions Group’s revenue for the quarter was up 36.1% compared to the same quarter last year. analysts predict that Helix Energy Solutions Group Inc will post 0.19 earnings per share for the current year.

HLX has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Helix Energy Solutions Group from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Thursday, July 26th. ValuEngine raised shares of Helix Energy Solutions Group from a “hold” rating to a “buy” rating in a report on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. Helix Energy Solutions Group currently has a consensus rating of “Buy” and a consensus price target of $9.20.

In other Helix Energy Solutions Group news, CEO Owen E. Kratz sold 271,532 shares of Helix Energy Solutions Group stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $10.09, for a total transaction of $2,739,757.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 5.85% of the company’s stock.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through 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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