BNP Paribas Financial Markets Has $2.51 Million Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

BNP Paribas Financial Markets lessened its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 32.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 268,833 shares of the oil and gas company's stock after selling 126,857 shares during the period. BNP Paribas Financial Markets owned approximately 0.18% of Helix Energy Solutions Group worth $2,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. raised its position 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 purchasing an additional 923,477 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Helix Energy Solutions Group in the 4th quarter valued at $6,070,000. Forge First Asset Management Inc. bought a new position in shares of Helix Energy Solutions Group in the 4th quarter valued at $5,565,000. American Century Companies Inc. raised its holdings in shares of Helix Energy Solutions Group by 10.2% during the 4th quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company's stock worth $44,056,000 after buying an additional 437,814 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in shares of Helix Energy Solutions Group by 352.3% during the 4th quarter. Empowered Funds LLC now owns 538,485 shares of the oil and gas company's stock worth $5,019,000 after buying an additional 419,437 shares during the last quarter. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Price Performance

NYSE:HLX traded down $0.10 on Thursday, hitting $6.09. The company had a trading volume of 138,156 shares, compared to its average volume of 1,854,301. Helix Energy Solutions Group, Inc. has a 52 week low of $5.66 and a 52 week 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 stock has a market capitalization of $923.42 million, a price-to-earnings ratio of 152.41 and a beta of 1.69. The firm has a 50 day moving average of $7.04 and a two-hundred day moving average of $8.41.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $285.06 million. On average, research analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

Analysts Set New Price Targets

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

Helix Energy Solutions Group Company 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.