GSA Capital Partners LLP Trims Holdings in Helix Energy Solutions Group, Inc. $HLX

GSA Capital Partners LLP decreased its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 26.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 160,524 shares of the oil and gas company’s stock after selling 57,144 shares during the quarter. GSA Capital Partners LLP’s holdings in Helix Energy Solutions Group were worth $1,006,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in HLX. AQR Capital Management LLC lifted its position in Helix Energy Solutions Group by 530.1% during the first quarter. AQR Capital Management LLC now owns 235,208 shares of the oil and gas company’s stock worth $1,955,000 after buying an additional 197,882 shares in the last quarter. Caxton Associates LLP purchased a new position in Helix Energy Solutions Group during the first quarter worth approximately $184,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Helix Energy Solutions Group by 9.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 373,201 shares of the oil and gas company’s stock worth $3,101,000 after buying an additional 32,643 shares in the last quarter. Jane Street Group LLC lifted its position in Helix Energy Solutions Group by 1,836.3% during the first quarter. Jane Street Group LLC now owns 378,195 shares of the oil and gas company’s stock worth $3,143,000 after buying an additional 358,663 shares in the last quarter. Finally, Strs Ohio purchased a new position in Helix Energy Solutions Group during the first quarter worth approximately $89,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Trading Down 1.9%

Shares of NYSE HLX opened at $10.04 on Friday. Helix Energy Solutions Group, Inc. has a twelve month low of $5.52 and a twelve month high of $10.75. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $9.73 and a 200-day simple moving average of $8.25. The stock has a market capitalization of $1.48 billion, a PE ratio of 100.35 and a beta of 1.16.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data on Wednesday, April 22nd. The oil and gas company reported ($0.09) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.09). Helix Energy Solutions Group had a return on equity of 1.82% and a net margin of 1.10%.The business had revenue of $287.95 million during the quarter, compared to analysts’ expectations of $260.89 million. The firm’s revenue was up 3.6% compared to the same quarter last year. On average, equities analysts forecast that Helix Energy Solutions Group, Inc. will post 0.33 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on HLX shares. Weiss Ratings downgraded Helix Energy Solutions Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. TD Cowen raised their target price on Helix Energy Solutions Group from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $11.50.

Helix Energy Solutions Group Company Profile

Helix Energy Solutions Group, Inc (NYSE: HLX) is a Houston-based provider of offshore well intervention and robotics services to the global energy industry. The company specializes in extending the productive life of subsea wells through hydraulic workover systems, coiled tubing operations and riser-based wireline services. In addition, Helix offers remotely operated vehicle (ROV) support, inspection, maintenance and repair for subsea infrastructure.

Operating through three core business segments—Well Intervention, Robotics & Subsea Services and Production Facilities—Helix deploys purpose-built vessels, specialized equipment and engineering expertise to execute complex offshore projects.