Helix Energy Solutions Group, Inc. (NYSE:HLX) Position Decreased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank reduced its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,525 shares of the oil and gas company’s stock after selling 1,634 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Helix Energy Solutions Group were worth $334,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Illinois Municipal Retirement Fund acquired a new position in Helix Energy Solutions Group in the third quarter worth approximately $884,000. Brandywine Global Investment Management LLC raised its position in shares of Helix Energy Solutions Group by 13.7% during the third quarter. Brandywine Global Investment Management LLC now owns 458,365 shares of the oil and gas company’s stock worth $5,120,000 after purchasing an additional 55,179 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Helix Energy Solutions Group during the third quarter valued at $947,000. Nierenberg Investment Management Company Inc. boosted its position in shares of Helix Energy Solutions Group by 105.9% in 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 during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in Helix Energy Solutions Group by 52.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 583,638 shares of the oil and gas company’s stock worth $6,519,000 after purchasing an additional 201,465 shares in the last quarter. 91.33% of the stock is owned by institutional investors and hedge funds.

Helix Energy Solutions Group Price Performance

HLX stock opened at $10.95 on Friday. The firm has a 50-day moving average of $10.57 and a two-hundred day moving average of $10.02. The firm has a market capitalization of $1.67 billion, a PE ratio of -52.14 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, Inc. has a one year low of $6.18 and a one 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 analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $303.00 million. On average, analysts forecast that Helix Energy Solutions Group, Inc. will post 0.44 earnings per share 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.