Barclays PLC Has $3.27 Million Stake in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Barclays PLC lifted its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 14.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 351,233 shares of the oil and gas company's stock after purchasing an additional 44,751 shares during the quarter. Barclays PLC owned approximately 0.23% of Helix Energy Solutions Group worth $3,274,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Sterling Capital Management LLC raised its stake in shares of Helix Energy Solutions Group by 11,365.7% in the 4th quarter. Sterling Capital Management LLC now owns 49,532 shares of the oil and gas company's stock valued at $462,000 after buying an additional 49,100 shares in the last quarter. CenterBook Partners LP raised its position in Helix Energy Solutions Group by 15.9% in the fourth quarter. CenterBook Partners LP now owns 1,015,652 shares of the oil and gas company's stock worth $9,466,000 after purchasing an additional 139,466 shares in the last quarter. Zazove Associates LLC bought a new position in Helix Energy Solutions Group during the fourth quarter worth about $283,000. Raymond James Financial Inc. acquired a new stake in Helix Energy Solutions Group during the fourth quarter valued at approximately $6,070,000. Finally, Nierenberg Investment Management Company Inc. grew its stake in shares of Helix Energy Solutions Group by 9.7% in the 4th quarter. Nierenberg Investment Management Company Inc. now owns 124,450 shares of the oil and gas company's stock valued at $1,160,000 after purchasing an additional 11,000 shares during the period. 91.33% of the stock is currently owned by institutional investors.

Helix Energy Solutions Group Price Performance

HLX stock traded up $0.18 during trading on Friday, hitting $6.45. 403,876 shares of the stock traded hands, compared to its average volume of 1,828,928. The stock has a market cap of $976.61 million, a price-to-earnings ratio of 161.42 and a beta of 1.91. Helix Energy Solutions Group, Inc. has a one year low of $5.66 and a one year high of $13.05. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. The company has a 50 day simple moving average of $7.47 and a 200 day simple moving average of $8.71.

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

Wall Street Analysts Forecast Growth

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

Helix Energy Solutions Group Profile

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.