Louisiana State Employees Retirement System Purchases Shares of 70,900 Helix Energy Solutions Group, Inc. (NYSE:HLX)

Louisiana State Employees Retirement System acquired a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 70,900 shares of the oil and gas company's stock, valued at approximately $729,000.

A number of other hedge funds also recently bought and sold shares of HLX. Illinois Municipal Retirement Fund purchased a new stake in shares of Helix Energy Solutions Group in the third quarter valued at $884,000. Brandywine Global Investment Management LLC lifted its stake in Helix Energy Solutions Group by 13.7% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 458,365 shares of the oil and gas company's stock worth $5,120,000 after acquiring an additional 55,179 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Helix Energy Solutions Group during the 3rd quarter worth about $947,000. Nierenberg Investment Management Company Inc. grew its stake in Helix Energy Solutions Group by 105.9% during the 3rd quarter. Nierenberg Investment Management Company Inc. now owns 155,555 shares of the oil and gas company's stock valued at $1,738,000 after acquiring an additional 80,000 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in Helix Energy Solutions Group by 52.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 583,638 shares of the oil and gas company's stock valued at $6,519,000 after acquiring an additional 201,465 shares in the last quarter. 91.33% of the stock is owned by hedge funds and other institutional investors.

Helix Energy Solutions Group Stock Up 0.3 %

Shares of NYSE HLX traded up $0.03 during mid-day trading on Friday, reaching $11.32. The company had a trading volume of 1,606,727 shares, compared to its average volume of 1,600,320. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.74. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -53.90 and a beta of 2.50. The stock has a fifty day moving average of $10.48 and a two-hundred day moving average of $10.02. Helix Energy Solutions Group, Inc. has a 12-month low of $6.18 and a 12-month high of $12.14.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The company had revenue of $296.21 million during the quarter, compared to analyst estimates of $303.00 million. Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.22%. As a group, equities research analysts expect that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current year.

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.