Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 2.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 88,157 shares of the oil and gas company’s stock after buying an additional 2,186 shares during the period. Barclays PLC owned 0.06% of Helix Energy Solutions Group worth $682,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Arizona State Retirement System lifted its stake in shares of Helix Energy Solutions Group by 3.9% in the 4th quarter. Arizona State Retirement System now owns 40,673 shares of the oil and gas company’s stock valued at $300,000 after purchasing an additional 1,523 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in shares of Helix Energy Solutions Group by 1.5% in the 4th quarter. Los Angeles Capital Management LLC now owns 130,243 shares of the oil and gas company’s stock valued at $961,000 after purchasing an additional 1,863 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Helix Energy Solutions Group by 12.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 25,013 shares of the oil and gas company’s stock valued at $185,000 after purchasing an additional 2,757 shares in the last quarter. Deutsche Bank AG lifted its stake in shares of Helix Energy Solutions Group by 4.6% in the 4th quarter. Deutsche Bank AG now owns 63,346 shares of the oil and gas company’s stock valued at $467,000 after purchasing an additional 2,797 shares in the last quarter. Finally, ProShare Advisors LLC lifted its stake in shares of Helix Energy Solutions Group by 14.8% in the 4th quarter. ProShare Advisors LLC now owns 22,565 shares of the oil and gas company’s stock valued at $167,000 after purchasing an additional 2,916 shares in the last quarter. 95.52% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Helix Energy Solutions Group news, Director John Lovoi sold 15,000 shares of Helix Energy Solutions Group stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $9.69, for a total transaction of $145,350.00. Following the sale, the director now directly owns 340,249 shares in the company, valued at approximately $3,297,012.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, COO Scott Andrew Sparks sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $9.53, for a total value of $95,300.00. Following the completion of the sale, the chief operating officer now directly owns 163,948 shares in the company, valued at approximately $1,562,424.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Lovoi sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $9.69, for a total value of $145,350.00. Following the completion of the sale, the director now owns 340,249 shares of the company’s stock, valued at $3,297,012.81. The disclosure for this sale can be found here. 6.14% of the stock is owned by company insiders.

Helix Energy Solutions Group Stock Performance

Shares of NYSE:HLX opened at $9.40 on Friday. The company has a market cap of $1.42 billion, a P/E ratio of -117.44 and a beta of 2.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. Helix Energy Solutions Group, Inc. has a one year low of $3.57 and a one year high of $10.14. The business’s 50-day simple moving average is $8.50 and its 200 day simple moving average is $7.81.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings data on Wednesday, July 26th. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.07. Helix Energy Solutions Group had a positive return on equity of 0.75% and a negative net margin of 1.26%. The company had revenue of $308.82 million for the quarter, compared to the consensus estimate of $274.84 million. On average, sell-side analysts forecast that Helix Energy Solutions Group, Inc. will post 0.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on HLX. Piper Sandler lifted their price objective on Helix Energy Solutions Group from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, July 31st. StockNews.com assumed coverage on Helix Energy Solutions Group in a report on Thursday, August 17th. They set a “hold” rating on the stock. Finally, TD Cowen raised their target price on Helix Energy Solutions Group from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Monday, July 31st. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.33.

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 Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.