LMR Partners LLP Takes Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

LMR Partners LLP acquired a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 400,000 shares of the oil and gas company's stock, valued at approximately $3,728,000. LMR Partners LLP owned approximately 0.26% of Helix Energy Solutions Group as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. CoreCommodity Management LLC lifted its position in Helix Energy Solutions Group by 1.4% during the fourth quarter. CoreCommodity Management LLC now owns 129,776 shares of the oil and gas company's stock worth $1,210,000 after buying an additional 1,780 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Helix Energy Solutions Group by 6.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 33,553 shares of the oil and gas company's stock valued at $313,000 after purchasing an additional 1,950 shares during the period. MetLife Investment Management LLC raised its position in Helix Energy Solutions Group by 2.4% in the fourth quarter. MetLife Investment Management LLC now owns 85,270 shares of the oil and gas company's stock valued at $795,000 after purchasing an additional 1,995 shares during the period. Quarry LP raised its position 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 purchasing an additional 2,120 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in Helix Energy Solutions Group by 143.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company's stock valued at $45,000 after purchasing an additional 2,902 shares during the period. Hedge funds and other institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Trading Down 1.2%

NYSE:HLX traded down $0.08 on Friday, reaching $6.54. The company's stock had a trading volume of 1,130,491 shares, compared to its average volume of 1,865,810. Helix Energy Solutions Group, Inc. has a 12-month low of $5.66 and a 12-month high of $13.05. 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 firm has a market cap of $991.01 million, a price-to-earnings ratio of 163.54 and a beta of 1.69. The stock has a 50 day moving average price of $7.14 and a 200 day moving average price of $8.46.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last posted 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. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. The company had revenue of $278.06 million for the quarter, compared to the consensus estimate of $285.06 million. On average, equities analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Raymond James downgraded Helix Energy Solutions Group from a "strong-buy" rating to an "outperform" rating and reduced their target price for the company from $14.00 to $10.00 in a research 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.