Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by CenterBook Partners LP

CenterBook Partners LP lessened its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 21.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 795,688 shares of the oil and gas company's stock after selling 219,964 shares during the period. CenterBook Partners LP owned approximately 0.53% of Helix Energy Solutions Group worth $6,612,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. lifted its stake in shares of Helix Energy Solutions Group by 356.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,469,684 shares of the oil and gas company's stock worth $23,017,000 after purchasing an additional 1,928,691 shares in the last quarter. Gate City Capital Management LLC acquired a new position in shares of Helix Energy Solutions Group during the fourth quarter worth about $17,639,000. Encompass Capital Advisors LLC lifted its stake in shares of Helix Energy Solutions Group by 66.2% during the fourth quarter. Encompass Capital Advisors LLC now owns 4,103,295 shares of the oil and gas company's stock worth $38,243,000 after purchasing an additional 1,634,764 shares in the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of Helix Energy Solutions Group by 738.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 998,485 shares of the oil and gas company's stock worth $9,306,000 after purchasing an additional 879,437 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Helix Energy Solutions Group during the fourth quarter worth about $6,070,000. Hedge funds and other institutional investors own 91.33% of the company's stock.

Wall Street Analysts Forecast Growth

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

Helix Energy Solutions Group Stock Down 0.2%

Shares of NYSE:HLX traded down $0.01 during trading on Friday, hitting $6.37. The company's stock had a trading volume of 1,212,229 shares, compared to its average volume of 1,789,726. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.28 and a current ratio of 2.28. Helix Energy Solutions Group, Inc. has a fifty-two week low of $5.66 and a fifty-two week high of $12.89. The stock's 50-day moving average price is $6.57 and its two-hundred day moving average price is $7.43. The company has a market capitalization of $965.25 million, a PE ratio of 11.58 and a beta of 1.57.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.07. Helix Energy Solutions Group had a return on equity of 5.54% and a net margin of 6.34%. The business had revenue of $278.06 million for the quarter, compared to analysts' expectations of $285.06 million. As a group, sell-side analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.

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.