Helix Energy Solutions Group, Inc. (NYSE:HLX) Stock Holdings Decreased by Mackenzie Financial Corp

Mackenzie Financial Corp lessened its position in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 5.2% in the 4th quarter, Holdings Channel reports. The fund owned 27,771 shares of the oil and gas company’s stock after selling 1,523 shares during the period. Mackenzie Financial Corp’s holdings in Helix Energy Solutions Group were worth $285,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HLX. Illinois Municipal Retirement Fund bought a new stake in Helix Energy Solutions Group in the 3rd quarter valued at $884,000. Brandywine Global Investment Management LLC lifted its holdings in Helix Energy Solutions Group by 13.7% during the 3rd quarter. Brandywine Global Investment Management LLC now owns 458,365 shares of the oil and gas company’s stock valued at $5,120,000 after purchasing an additional 55,179 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Helix Energy Solutions Group during the third quarter worth approximately $947,000. Nierenberg Investment Management Company Inc. increased its holdings in Helix Energy Solutions Group by 105.9% during the 3rd quarter. Nierenberg Investment Management Company Inc. now owns 155,555 shares of the oil and gas company’s stock valued at $1,738,000 after purchasing an additional 80,000 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Helix Energy Solutions Group by 52.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 583,638 shares of the oil and gas company’s stock valued at $6,519,000 after purchasing an additional 201,465 shares during the last quarter. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

Helix Energy Solutions Group stock opened at $11.32 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.56 and a debt-to-equity ratio of 0.21. The company has a market cap of $1.73 billion, a PE ratio of -53.90 and a beta of 2.50. The company’s 50-day moving average is $10.48 and its two-hundred day moving average is $10.02. Helix Energy Solutions Group, Inc. has a 1 year low of $6.18 and a 1 year high of $12.14.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings data 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%. Equities analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.44 earnings per share for the current year.

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