Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Acuitas Investments LLC

Acuitas Investments LLC cut its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 48.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,148 shares of the oil and gas company's stock after selling 148,532 shares during the quarter. Acuitas Investments LLC owned 0.11% of Helix Energy Solutions Group worth $1,657,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Diversified Trust Co raised its stake in Helix Energy Solutions Group by 4.2% during the 4th quarter. Diversified Trust Co now owns 39,922 shares of the oil and gas company's stock valued at $410,000 after buying an additional 1,600 shares during the last quarter. Swiss National Bank raised its stake in Helix Energy Solutions Group by 1.0% during the 3rd quarter. Swiss National Bank now owns 316,400 shares of the oil and gas company's stock valued at $3,534,000 after buying an additional 3,100 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Helix Energy Solutions Group by 34.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 13,724 shares of the oil and gas company's stock valued at $141,000 after buying an additional 3,554 shares during the last quarter. Corton Capital Inc. raised its stake in Helix Energy Solutions Group by 18.6% during the 3rd quarter. Corton Capital Inc. now owns 24,390 shares of the oil and gas company's stock valued at $272,000 after buying an additional 3,822 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new stake in Helix Energy Solutions Group during the 4th quarter valued at $44,000. 91.33% of the stock is owned by institutional investors.

Helix Energy Solutions Group Stock Performance

HLX traded up $0.03 during mid-day trading on Friday, reaching $11.32. 1,606,711 shares of the company traded hands, compared to its average volume of 1,757,497. The stock has a market capitalization of $1.73 billion, a P/E ratio of -54.24 and a beta of 2.50. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.21. The company's fifty day moving average price is $10.45 and its 200-day moving average price is $10.02. Helix Energy Solutions Group, Inc. has a 52-week low of $6.18 and a 52-week high of $12.14.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.05). The company had revenue of $296.21 million for the quarter, compared to analysts' expectations of $303.00 million. Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.20%. On average, sell-side analysts expect that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current year.

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.