Two Sigma Advisers LP Sells 112,100 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Two Sigma Advisers LP lessened its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 52.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,900 shares of the oil and gas company's stock after selling 112,100 shares during the quarter. Two Sigma Advisers LP owned approximately 0.07% of Helix Energy Solutions Group worth $940,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Helix Energy Solutions Group by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 14,049,438 shares of the oil and gas company's stock valued at $130,941,000 after buying an additional 343,673 shares during the last quarter. American Century Companies Inc. raised its holdings in Helix Energy Solutions Group by 10.2% in the 4th quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company's stock valued at $44,056,000 after buying an additional 437,814 shares during the last quarter. Encompass Capital Advisors LLC raised its holdings in Helix Energy Solutions Group by 66.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 4,103,295 shares of the oil and gas company's stock valued at $38,243,000 after buying an additional 1,634,764 shares during the last quarter. Wellington Management Group LLP raised its holdings in Helix Energy Solutions Group by 13.7% in the 4th quarter. Wellington Management Group LLP now owns 3,282,202 shares of the oil and gas company's stock valued at $30,590,000 after buying an additional 396,666 shares during the last quarter. Finally, Systematic Financial Management LP raised its holdings in Helix Energy Solutions Group by 17.1% in the 4th quarter. Systematic Financial Management LP now owns 2,905,836 shares of the oil and gas company's stock valued at $27,082,000 after buying an additional 425,071 shares during the last quarter. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Stock Down 0.5%

NYSE HLX traded down $0.04 during mid-day trading on Thursday, hitting $6.51. The company's stock had a trading volume of 808,745 shares, compared to its average volume of 1,851,932. The company's 50 day simple moving average is $6.56 and its 200 day simple moving average is $8.12. Helix Energy Solutions Group, Inc. has a twelve month low of $5.66 and a twelve month high of $13.05. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $985.70 million, a price-to-earnings ratio of 162.67 and a beta of 1.69.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.07. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. The business had revenue of $278.06 million for the quarter, compared to analysts' expectations of $285.06 million. Analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

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 dropped their price objective for the company from $14.00 to $10.00 in a report on Friday, April 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.