GAMMA Investing LLC Buys Shares of 4,654 Helix Energy Solutions Group, Inc. (NYSE:HLX)

GAMMA Investing LLC purchased a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) during the fourth quarter, Holdings Channel.com reports. The fund purchased 4,654 shares of the oil and gas company’s stock, valued at approximately $44,000.

A number of other institutional investors have also recently made changes to their positions in the business. Diversified Trust Co boosted its position in Helix Energy Solutions Group by 4.2% in the 4th quarter. Diversified Trust Co now owns 39,922 shares of the oil and gas company’s stock valued at $410,000 after buying an additional 1,600 shares during the period. Swiss National Bank grew its stake in Helix Energy Solutions Group by 1.0% during the 3rd quarter. Swiss National Bank now owns 316,400 shares of the oil and gas company’s stock worth $3,534,000 after purchasing an additional 3,100 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Helix Energy Solutions Group by 34.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 13,724 shares of the oil and gas company’s stock worth $141,000 after purchasing an additional 3,554 shares during the period. Corton Capital Inc. raised its position in Helix Energy Solutions Group by 18.6% in the 3rd quarter. Corton Capital Inc. now owns 24,390 shares of the oil and gas company’s stock valued at $272,000 after purchasing an additional 3,822 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Helix Energy Solutions Group by 42.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 21,232 shares of the oil and gas company’s stock valued at $218,000 after buying an additional 6,369 shares during the period. Institutional investors and hedge funds own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

Shares of Helix Energy Solutions Group stock opened at $10.95 on Friday. The business has a 50-day simple moving average of $10.57 and a 200-day simple moving average of $10.03. The company has a market cap of $1.67 billion, a PE ratio of -52.12 and a beta of 2.50. Helix Energy Solutions Group, Inc. has a one year low of $6.18 and a one year high of $12.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.74.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly 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). Helix Energy Solutions Group had a positive return on equity of 3.22% and a negative net margin of 2.39%. The firm had revenue of $296.21 million for the quarter, compared to analyst estimates of $303.00 million. On average, equities research analysts forecast that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current fiscal 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.