Ancora Advisors LLC Has $4.91 Million Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Ancora Advisors LLC decreased its position in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 39.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 527,113 shares of the oil and gas company's stock after selling 346,393 shares during the quarter. Ancora Advisors LLC owned approximately 0.35% of Helix Energy Solutions Group worth $4,913,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pacer Advisors Inc. increased its stake in Helix Energy Solutions Group by 16.4% during the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company's stock valued at $61,016,000 after acquiring an additional 923,477 shares during the period. Raymond James Financial Inc. bought a new position in Helix Energy Solutions Group in the fourth quarter worth $6,070,000. Forge First Asset Management Inc. acquired a new stake in Helix Energy Solutions Group during the fourth quarter worth $5,565,000. Principal Financial Group Inc. increased its holdings in Helix Energy Solutions Group by 38.6% in the 3rd quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company's stock valued at $22,919,000 after buying an additional 575,450 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Helix Energy Solutions Group by 10.2% in the 4th quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company's stock valued at $44,056,000 after buying an additional 437,814 shares in the last quarter. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Helix Energy Solutions Group Trading Down 1.6 %

NYSE:HLX traded down $0.11 during trading hours on Friday, hitting $6.60. 690,015 shares of the stock were exchanged, compared to its average volume of 1,850,025. The company's 50 day moving average is $7.28 and its two-hundred day moving average is $8.59. The company has a market capitalization of $1.00 billion, a P/E ratio of 165.04 and a beta of 1.69. Helix Energy Solutions Group, Inc. has a twelve month low of $5.66 and a twelve month high of $13.05. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.07. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. The company had revenue of $278.06 million for the quarter, compared to analyst estimates of $285.06 million. On average, sell-side analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Raymond James lowered shares of Helix Energy Solutions Group from a "strong-buy" rating to an "outperform" rating and decreased their target price for the company from $14.00 to $10.00 in a research report on Friday, April 25th.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.