Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 26.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,563 shares of the oil and gas company's stock after selling 59,600 shares during the period. New York State Teachers Retirement System owned about 0.11% of Helix Energy Solutions Group worth $1,392,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of HLX. Allspring Global Investments Holdings LLC boosted its position in Helix Energy Solutions Group by 54.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 43,163 shares of the oil and gas company's stock worth $359,000 after purchasing an additional 15,135 shares in the last quarter. Pacific Global Investment Management Co. boosted its holdings in Helix Energy Solutions Group by 0.5% during the first quarter. Pacific Global Investment Management Co. now owns 414,733 shares of the oil and gas company's stock worth $3,446,000 after buying an additional 2,007 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Helix Energy Solutions Group by 420.9% during the first quarter. Exchange Traded Concepts LLC now owns 32,525 shares of the oil and gas company's stock worth $270,000 after buying an additional 26,281 shares in the last quarter. SG Americas Securities LLC grew its position in Helix Energy Solutions Group by 8.2% during the first quarter. SG Americas Securities LLC now owns 69,460 shares of the oil and gas company's stock valued at $577,000 after buying an additional 5,251 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Helix Energy Solutions Group by 805.6% in the first quarter. GAMMA Investing LLC now owns 46,320 shares of the oil and gas company's stock valued at $3,850,000 after buying an additional 41,205 shares in the last quarter. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Helix Energy Solutions Group Price Performance

Shares of HLX stock traded down $0.14 on Friday, reaching $6.55. 1,836,209 shares of the company were exchanged, compared to its average volume of 1,793,887. The company has a market cap of $992.52 million, a price-to-earnings ratio of 11.91 and a beta of 1.57. Helix Energy Solutions Group, Inc. has a 1 year low of $5.66 and a 1 year high of $13.05. The business has a 50-day moving average price of $6.59 and a 200 day moving average price of $7.51. 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 (NYSE:HLX - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.07. The business 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 5.54% and a net margin of 6.34%. Equities research analysts forecast that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal 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.