Jane Street Group LLC Reduces Stock Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Jane Street Group LLC reduced its position in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 93.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,532 shares of the oil and gas company's stock after selling 286,235 shares during the quarter. Jane Street Group LLC's holdings in Helix Energy Solutions Group were worth $182,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Northern Trust Corp boosted its position in shares of Helix Energy Solutions Group by 24.4% in the 4th quarter. Northern Trust Corp now owns 1,811,814 shares of the oil and gas company's stock worth $16,886,000 after purchasing an additional 355,852 shares in the last quarter. Quarry LP raised its stake in Helix Energy Solutions Group by 79.8% in the fourth quarter. Quarry LP now owns 4,776 shares of the oil and gas company's stock valued at $45,000 after buying an additional 2,120 shares during the last quarter. Oxford Asset Management LLP acquired a new stake in Helix Energy Solutions Group in the fourth quarter worth about $141,000. Oberweis Asset Management Inc. boosted its holdings in Helix Energy Solutions Group by 23.1% in the fourth quarter. Oberweis Asset Management Inc. now owns 501,700 shares of the oil and gas company's stock worth $4,676,000 after acquiring an additional 94,200 shares in the last quarter. Finally, Syon Capital LLC purchased a new stake in shares of Helix Energy Solutions Group during the fourth quarter worth about $143,000. 91.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Helix Energy Solutions Group Stock Performance

Shares of HLX traded up $0.12 during trading hours on Tuesday, reaching $6.94. 1,226,807 shares of the company traded hands, compared to its average volume of 1,846,346. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. The business has a fifty day moving average price of $6.48 and a 200-day moving average price of $8.02. Helix Energy Solutions Group, Inc. has a 12-month low of $5.66 and a 12-month high of $13.05. The stock has a market capitalization of $1.05 billion, a P/E ratio of 173.42 and a beta of 1.60.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 EPS for the quarter, topping 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 return on equity of 4.39% and a net margin of 0.54%. Equities analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal year.

About Helix Energy Solutions Group

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.