JPMorgan Chase & Co. Purchases 284,184 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

JPMorgan Chase & Co. boosted its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 46.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 894,563 shares of the oil and gas company’s stock after buying an additional 284,184 shares during the period. JPMorgan Chase & Co. owned approximately 0.59% of Helix Energy Solutions Group worth $8,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in shares of Helix Energy Solutions Group by 6.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 33,553 shares of the oil and gas company’s stock worth $313,000 after acquiring an additional 1,950 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Helix Energy Solutions Group by 143.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company’s stock valued at $45,000 after purchasing an additional 2,902 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Helix Energy Solutions Group by 10.0% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 35,527 shares of the oil and gas company’s stock valued at $338,000 after purchasing an additional 3,219 shares during the last quarter. KBC Group NV grew its stake in shares of Helix Energy Solutions Group by 61.8% in the 4th quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock worth $85,000 after buying an additional 3,491 shares in the last quarter. Finally, EntryPoint Capital LLC increased its holdings in shares of Helix Energy Solutions Group by 38.0% in the 4th quarter. EntryPoint Capital LLC now owns 15,803 shares of the oil and gas company’s stock worth $147,000 after buying an additional 4,352 shares during the last quarter. 91.33% of the stock is owned by institutional investors.

Helix Energy Solutions Group Stock Down 1.9 %

Shares of NYSE:HLX opened at $6.38 on Wednesday. The company has a market cap of $966.00 million, a price-to-earnings ratio of 159.41 and a beta of 1.91. Helix Energy Solutions Group, Inc. has a 12 month low of $5.77 and a 12 month high of $13.05. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $7.87 and a 200 day moving average price of $9.06.

Helix Energy Solutions Group (NYSE:HLX) last released its earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.04. The firm had revenue of $355.13 million during the quarter, compared to analyst estimates of $311.66 million. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. As a group, equities research analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 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.