Sterling Capital Management LLC Purchases 49,100 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Sterling Capital Management LLC boosted its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX - Free Report) by 11,365.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,532 shares of the oil and gas company's stock after acquiring an additional 49,100 shares during the quarter. Sterling Capital Management LLC's holdings in Helix Energy Solutions Group were worth $462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. lifted its holdings in shares of Helix Energy Solutions Group by 16.4% in the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company's stock valued at $61,016,000 after purchasing an additional 923,477 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Helix Energy Solutions Group in the 4th quarter valued at approximately $6,070,000. Forge First Asset Management Inc. bought a new stake in Helix Energy Solutions Group in the 4th quarter valued at approximately $5,565,000. Principal Financial Group Inc. boosted its position in Helix Energy Solutions Group by 38.6% during the 3rd quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company's stock worth $22,919,000 after acquiring an additional 575,450 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in Helix Energy Solutions Group by 10.2% during the 4th quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company's stock worth $44,056,000 after acquiring an additional 437,814 shares during the last quarter. 91.33% of the stock is owned by institutional investors and hedge funds.

Helix Energy Solutions Group Stock Down 0.2 %

Shares of NYSE HLX traded down $0.02 during midday trading on Tuesday, reaching $6.53. The company's stock had a trading volume of 1,543,880 shares, compared to its average volume of 1,786,920. The stock has a 50 day simple moving average of $7.72 and a 200-day simple moving average of $8.91. 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 stock has a market capitalization of $988.73 million, a price-to-earnings ratio of 163.17 and a beta of 1.91. Helix Energy Solutions Group, Inc. has a fifty-two week low of $5.77 and a fifty-two week high of $13.05.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $311.66 million. Equities research analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current year.

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.