151,500 Shares in Helix Energy Solutions Group (HLX) Acquired by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. purchased a new position in shares of Helix Energy Solutions Group (NYSE:HLX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 151,500 shares of the oil and gas company’s stock, valued at approximately $877,000. Guyasuta Investment Advisors Inc. owned about 0.10% of Helix Energy Solutions Group at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Thompson Siegel & Walmsley LLC raised its stake in shares of Helix Energy Solutions Group by 45.3% during the first quarter. Thompson Siegel & Walmsley LLC now owns 35,600 shares of the oil and gas company’s stock worth $206,000 after purchasing an additional 11,100 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Helix Energy Solutions Group by 236.3% during the first quarter. Thrivent Financial for Lutherans now owns 291,778 shares of the oil and gas company’s stock worth $1,689,000 after purchasing an additional 205,007 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Helix Energy Solutions Group by 3.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 1,216,330 shares of the oil and gas company’s stock worth $7,043,000 after purchasing an additional 37,819 shares during the last quarter. Swiss National Bank raised its stake in shares of Helix Energy Solutions Group by 3.3% during the first quarter. Swiss National Bank now owns 244,300 shares of the oil and gas company’s stock worth $1,414,000 after purchasing an additional 7,800 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Helix Energy Solutions Group by 3.2% during the first quarter. Victory Capital Management Inc. now owns 6,696,131 shares of the oil and gas company’s stock worth $38,771,000 after purchasing an additional 209,900 shares during the last quarter. Institutional investors and hedge funds own 87.99% of the company’s stock.

Several research firms have recently commented on HLX. TheStreet upgraded Helix Energy Solutions Group from a “d+” rating to a “c-” rating in a research note on Wednesday, May 9th. Raymond James upgraded Helix Energy Solutions Group from a “market perform” rating to an “outperform” rating in a research note on Thursday, April 26th. Piper Jaffray upgraded Helix Energy Solutions Group from a “neutral” rating to an “overweight” rating and set a $9.00 price target for the company in a research note on Wednesday, April 25th. ValuEngine upgraded Helix Energy Solutions Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, April 24th. Finally, Zacks Investment Research cut Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Four equities research analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $8.88.

Helix Energy Solutions Group opened at $8.40 on Friday, Marketbeat Ratings reports. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.26. Helix Energy Solutions Group has a 1 year low of $4.82 and a 1 year high of $8.70.

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings data on Monday, February 19th. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01). The firm had revenue of $163.27 million during the quarter, compared to analysts’ expectations of $157.65 million. Helix Energy Solutions Group had a negative return on equity of 0.50% and a net margin of 6.85%. equities analysts anticipate that Helix Energy Solutions Group will post 0.15 EPS for the current year.

Helix Energy Solutions Group Profile

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

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Institutional Ownership by Quarter for Helix Energy Solutions Group (NYSE:HLX)

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