GSA Capital Partners LLP Invests $1.16 Million in Helix Energy Solutions Group, Inc. (NYSE:HLX)

GSA Capital Partners LLP bought a new stake in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 140,018 shares of the oil and gas company's stock, valued at approximately $1,164,000. GSA Capital Partners LLP owned about 0.09% of Helix Energy Solutions Group as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Balyasny Asset Management L.P. grew 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 buying an additional 1,928,691 shares during the last quarter. Gate City Capital Management LLC acquired a new stake in shares of Helix Energy Solutions Group during the 4th quarter valued at $17,639,000. Encompass Capital Advisors LLC grew its position in Helix Energy Solutions Group by 66.2% during the 4th quarter. Encompass Capital Advisors LLC now owns 4,103,295 shares of the oil and gas company's stock worth $38,243,000 after acquiring an additional 1,634,764 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in Helix Energy Solutions Group by 738.7% in the 4th 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 Helix Energy Solutions Group in the 4th quarter worth about $6,070,000. Institutional investors and hedge funds own 91.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on HLX shares. Raymond James Financial reissued an "outperform" rating and set a $9.00 price target (down from $10.00) on shares of Helix Energy Solutions Group in a research note on Friday, July 25th. Wall Street Zen lowered shares of Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a report on Saturday, July 26th.

Helix Energy Solutions Group Trading Down 0.7%

Shares of NYSE HLX traded down $0.04 during trading on Friday, reaching $5.89. The company had a trading volume of 2,299,815 shares, compared to its average volume of 2,183,256. The stock has a market cap of $865.77 million, a P/E ratio of 18.41 and a beta of 1.53. The company's fifty day moving average price is $6.52 and its 200-day moving average price is $7.20. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.19. Helix Energy Solutions Group, Inc. has a 12 month low of $5.52 and a 12 month high of $12.33.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last released its earnings results on Wednesday, July 23rd. The oil and gas company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.03). Helix Energy Solutions Group had a net margin of 3.92% and a return on equity of 3.23%. The firm had revenue of $302.29 million for the quarter, compared to analyst estimates of $326.62 million. As a group, research analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

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.