Russell Investments Group Ltd. Sells 103,587 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Russell Investments Group Ltd. trimmed its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 554,160 shares of the oil and gas company's stock after selling 103,587 shares during the quarter. Russell Investments Group Ltd. owned 0.36% of Helix Energy Solutions Group worth $5,165,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its stake in shares of 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 acquiring an additional 1,950 shares during the period. Smartleaf Asset Management LLC raised its position in Helix Energy Solutions Group by 143.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company's stock worth $45,000 after purchasing an additional 2,902 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Helix Energy Solutions Group by 10.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 35,527 shares of the oil and gas company's stock worth $338,000 after purchasing an additional 3,219 shares during the last quarter. KBC Group NV boosted its position in shares of Helix Energy Solutions Group by 61.8% during the fourth quarter. KBC Group NV now owns 9,136 shares of the oil and gas company's stock valued at $85,000 after buying an additional 3,491 shares during the period. Finally, EntryPoint Capital LLC grew its stake in shares of Helix Energy Solutions Group by 38.0% during the fourth quarter. EntryPoint Capital LLC now owns 15,803 shares of the oil and gas company's stock valued at $147,000 after buying an additional 4,352 shares during the last quarter. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Trading Up 4.8 %

Shares of NYSE HLX traded up $0.31 during midday trading on Friday, hitting $6.83. The company's stock had a trading volume of 1,534,289 shares, compared to its average volume of 1,785,408. Helix Energy Solutions Group, Inc. has a 12-month low of $5.77 and a 12-month high of $13.05. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.04 billion, a P/E ratio of 170.89 and a beta of 1.91. The business's 50 day moving average is $7.81 and its two-hundred day moving average is $9.02.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.04. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. The firm had revenue of $355.13 million during the quarter, compared to analyst estimates of $311.66 million. As a group, equities research analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 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.