Dimensional Fund Advisors LP Grows Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Dimensional Fund Advisors LP boosted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 4.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,906,292 shares of the oil and gas company's stock after purchasing an additional 489,105 shares during the quarter. Dimensional Fund Advisors LP owned approximately 7.24% of Helix Energy Solutions Group worth $112,118,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC purchased a new stake in shares of Helix Energy Solutions Group during the 4th quarter valued at about $44,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Helix Energy Solutions Group in the 3rd quarter valued at approximately $114,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Helix Energy Solutions Group in the 3rd quarter worth approximately $117,000. Syon Capital LLC bought a new stake in Helix Energy Solutions Group in the fourth quarter worth $138,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Helix Energy Solutions Group in the 3rd quarter worth about $166,000. Hedge funds and other institutional investors own 91.33% of the company's stock.

Insiders Place Their Bets

In other news, COO Scott Andrew Sparks sold 12,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $11.44, for a total transaction of $137,280.00. Following the sale, the chief operating officer now owns 282,634 shares of the company's stock, valued at approximately $3,233,332.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 6.37% of the stock is currently owned by insiders.

Helix Energy Solutions Group Trading Down 0.1 %

Shares of NYSE:HLX traded down $0.01 during trading hours on Tuesday, hitting $11.78. 1,623,713 shares of the company's stock traded hands, compared to its average volume of 1,684,102. The business has a fifty day moving average price of $11.03 and a 200-day moving average price of $10.13. The firm has a market capitalization of $1.80 billion, a P/E ratio of -56.09 and a beta of 2.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.74 and a quick ratio of 1.74. Helix Energy Solutions Group, Inc. has a 1 year low of $6.18 and a 1 year high of $12.14.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last posted its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.05). Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.22%. The business had revenue of $296.21 million for the quarter, compared to analysts' expectations of $303.00 million. Equities analysts expect that Helix Energy Solutions Group, Inc. will post 0.39 earnings per share 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.