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

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

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of Helix Energy Solutions Group during the fourth quarter valued at approximately $34,000. Quarry LP lifted its stake in shares of Helix Energy Solutions Group by 79.8% in the 4th quarter. Quarry LP now owns 4,776 shares of the oil and gas company's stock worth $45,000 after purchasing an additional 2,120 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Helix Energy Solutions Group during the 4th quarter worth $99,000. CWM LLC lifted its position in Helix Energy Solutions Group by 78.0% during the first quarter. CWM LLC now owns 10,699 shares of the oil and gas company's stock valued at $89,000 after purchasing an additional 4,688 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new position in shares of Helix Energy Solutions Group during the 4th quarter valued at about $110,000. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Trading Down 0.7%

Helix Energy Solutions Group stock traded down $0.04 during midday trading on Friday, reaching $5.89. The stock had a trading volume of 2,299,815 shares, compared to its average volume of 1,842,419. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.19. The firm has a market cap of $865.77 million, a price-to-earnings ratio of 18.41 and a beta of 1.57. Helix Energy Solutions Group, Inc. has a 52-week low of $5.52 and a 52-week high of $12.33. The company has a fifty day moving average of $6.53 and a 200 day moving average of $7.23.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The oil and gas company reported ($0.02) earnings per share (EPS) 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 company had revenue of $302.29 million for the quarter, compared to analysts' expectations of $326.62 million. On average, analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wall Street Zen downgraded shares of Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Raymond James Financial reaffirmed an "outperform" rating and issued a $9.00 price objective (down previously from $10.00) on shares of Helix Energy Solutions Group in a research note on Friday, July 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.