Invesco Ltd. Reduces Stock Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Invesco Ltd. trimmed its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 11.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 997,721 shares of the oil and gas company’s stock after selling 126,944 shares during the period. Invesco Ltd. owned 0.66% of Helix Energy Solutions Group worth $9,299,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of HLX. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Helix Energy Solutions Group during the 4th quarter valued at about $99,000. Wells Fargo & Company MN raised its position in Helix Energy Solutions Group by 29.9% during the fourth quarter. Wells Fargo & Company MN now owns 83,982 shares of the oil and gas company’s stock valued at $783,000 after purchasing an additional 19,315 shares during the period. Wellington Management Group LLP lifted its stake in shares of Helix Energy Solutions Group by 13.7% in the 4th quarter. Wellington Management Group LLP now owns 3,282,202 shares of the oil and gas company’s stock valued at $30,590,000 after purchasing an additional 396,666 shares during the last quarter. Schroder Investment Management Group purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $352,000. Finally, Orion Portfolio Solutions LLC lifted its position in Helix Energy Solutions Group by 6.5% in the fourth quarter. Orion Portfolio Solutions LLC now owns 121,832 shares of the oil and gas company’s stock worth $1,135,000 after buying an additional 7,406 shares during the last quarter. 91.33% of the stock is owned by hedge funds and other institutional investors.

Helix Energy Solutions Group Stock Up 1.8 %

Shares of NYSE:HLX opened at $6.64 on Thursday. The stock has a market cap of $1.01 billion, a P/E ratio of 166.04 and a beta of 1.91. The business’s 50 day moving average is $7.69 and its 200 day moving average is $8.89. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. 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 announced its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.07. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. Sell-side analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS 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.