Legal & General Group Plc Sells 6,402 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Legal & General Group Plc trimmed its position in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 418,913 shares of the oil and gas company’s stock after selling 6,402 shares during the period. Legal & General Group Plc owned approximately 0.28% of Helix Energy Solutions Group worth $3,904,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. boosted its position in shares of Helix Energy Solutions Group by 16.4% during the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company’s stock worth $61,016,000 after purchasing an additional 923,477 shares in the last quarter. Raymond James Financial Inc. bought a new position in Helix Energy Solutions Group during the fourth quarter worth about $6,070,000. Forge First Asset Management Inc. acquired a new position in Helix Energy Solutions Group in the fourth quarter valued at about $5,565,000. Principal Financial Group Inc. raised its position in shares of Helix Energy Solutions Group by 38.6% during the third quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company’s stock worth $22,919,000 after purchasing an additional 575,450 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Helix Energy Solutions Group by 10.2% during the 4th quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company’s stock valued at $44,056,000 after purchasing an additional 437,814 shares in the last quarter. Institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Price Performance

NYSE HLX opened at $6.53 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.29 and a current ratio of 2.29. The stock has a market cap of $988.73 million, a price-to-earnings ratio of 163.17 and a beta of 1.91. The business has a 50 day simple moving average of $7.72 and a 200 day simple moving average of $8.91. Helix Energy Solutions Group, Inc. has a 52-week low of $5.77 and a 52-week high of $13.05.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data 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 company had revenue of $355.13 million during the quarter, compared to the consensus estimate of $311.66 million. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. Analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current fiscal year.

About Helix Energy Solutions Group

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.