Allspring Global Investments Holdings LLC Has $218,000 Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Allspring Global Investments Holdings LLC grew its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 42.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,232 shares of the oil and gas company’s stock after purchasing an additional 6,369 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Helix Energy Solutions Group were worth $218,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. National Bank of Canada FI acquired a new stake in Helix Energy Solutions Group during the 3rd quarter worth approximately $66,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Helix Energy Solutions Group during the third quarter worth $87,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Helix Energy Solutions Group during the third quarter worth $114,000. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Helix Energy Solutions Group in the third quarter worth $117,000. Finally, Teza Capital Management LLC acquired a new stake in Helix Energy Solutions Group in the third quarter valued at $171,000. 91.33% of the stock is owned by institutional investors and hedge funds.

Helix Energy Solutions Group Stock Up 0.3 %

Shares of HLX opened at $11.32 on Friday. The stock’s 50-day moving average price is $10.48 and its two-hundred day moving average price is $10.02. Helix Energy Solutions Group, Inc. has a 12 month low of $6.18 and a 12 month high of $12.14. The company has a market capitalization of $1.73 billion, a PE ratio of -53.90 and a beta of 2.50. The company has a current ratio of 1.74, a quick ratio of 1.56 and a debt-to-equity ratio of 0.21.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). The company had revenue of $296.21 million during the quarter, compared to the consensus estimate of $303.00 million. Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.22%. On average, analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.44 EPS 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.