Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 144,626 Helix Energy Solutions Group, Inc. (NYSE:HLX)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has invested approximately $1.20 million in Helix Energy Solutions Group by acquiring 144,626 shares, representing roughly 0.10% ownership of the company.
• Multiple institutional investors have increased their stakes in Helix Energy Solutions, with most hedge funds holding a combined 91.33% of the company's stock.
• Helix Energy Solutions Group reported a net loss of $0.02 earnings per share for the last quarter, falling short of analysts' estimates and generating revenue of $302.29 million, significantly below expectations.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 144,626 shares of the oil and gas company's stock, valued at approximately $1,202,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Helix Energy Solutions Group as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HLX. Sunbelt Securities Inc. purchased a new stake in Helix Energy Solutions Group in the fourth quarter valued at approximately $34,000. Quarry LP lifted 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. CWM LLC lifted its stake in Helix Energy Solutions Group by 78.0% in the first quarter. CWM LLC now owns 10,699 shares of the oil and gas company's stock valued at $89,000 after buying an additional 4,688 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Helix Energy Solutions Group in the fourth quarter valued at approximately $99,000. Finally, Quantinno Capital Management LP purchased a new stake in Helix Energy Solutions Group in the fourth quarter valued at approximately $110,000. Hedge funds and other institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Trading Up 1.5%

NYSE:HLX traded up $0.09 on Tuesday, hitting $5.89. 677,137 shares of the stock were exchanged, compared to its average volume of 1,830,240. The stock has a market cap of $865.01 million, a PE ratio of 18.38 and a beta of 1.53. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.19. The stock has a fifty day moving average of $6.52 and a 200-day moving average of $7.17. Helix Energy Solutions Group, Inc. has a fifty-two week low of $5.52 and a fifty-two week high of $12.33.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last posted 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 during the quarter, compared to analyst estimates of $326.62 million. As a group, equities analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HLX shares. Wall Street Zen lowered 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 set a $9.00 price objective (down previously from $10.00) on shares of Helix Energy Solutions Group in a report on Friday, July 25th.

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.