Universal Beteiligungs und Servicegesellschaft mbH Purchases New Shares in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Helix Energy Solutions Group by 2.5% in the fourth 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. Encompass Capital Advisors LLC increased its position in Helix Energy Solutions Group by 66.2% during the fourth quarter. Encompass Capital Advisors LLC now owns 4,103,295 shares of the oil and gas company's stock worth $38,243,000 after purchasing an additional 1,634,764 shares during the last quarter. Wellington Management Group LLP raised its stake in Helix Energy Solutions Group by 13.7% during the fourth quarter. Wellington Management Group LLP now owns 3,282,202 shares of the oil and gas company's stock worth $30,590,000 after purchasing an additional 396,666 shares during the period. Systematic Financial Management LP lifted its holdings in Helix Energy Solutions Group by 17.1% in the fourth 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 acquiring an additional 425,071 shares during the last quarter. Finally, Balyasny Asset Management L.P. grew its position in Helix Energy Solutions Group by 356.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 2,469,684 shares of the oil and gas company's stock worth $23,017,000 after acquiring an additional 1,928,691 shares during the period. Hedge funds and other institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Stock Performance

Shares of HLX stock opened at $5.89 on Friday. The stock has a market capitalization of $865.77 million, a PE ratio of 18.41 and a beta of 1.53. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.19. Helix Energy Solutions Group, Inc. has a 52 week low of $5.52 and a 52 week high of $12.33. The firm has a 50 day moving average of $6.52 and a two-hundred day moving average of $7.21.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The oil and gas company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.03). The firm had revenue of $302.29 million during the quarter, compared to analysts' expectations of $326.62 million. Helix Energy Solutions Group had a net margin of 3.92% and a return on equity of 3.23%. On average, research analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on HLX shares. Wall Street Zen downgraded Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Raymond James Financial reissued an "outperform" rating and set a $9.00 target price (down previously from $10.00) on shares of Helix Energy Solutions Group in a research note on Friday, July 25th.

Helix Energy Solutions Group Company 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.

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