Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG raised its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 19.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,299 shares of the oil and gas company’s stock after acquiring an additional 38,547 shares during the quarter. Deutsche Bank AG owned approximately 0.15% of Helix Energy Solutions Group worth $2,184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Barclays PLC grew its position in shares of Helix Energy Solutions Group by 269.0% in the third quarter. Barclays PLC now owns 306,482 shares of the oil and gas company’s stock valued at $3,402,000 after purchasing an additional 223,432 shares during the last quarter. KBC Group NV lifted its stake in 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 valued at $85,000 after buying an additional 3,491 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Helix Energy Solutions Group by 16.4% in the 4th quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company’s stock valued at $61,016,000 after buying an additional 923,477 shares in the last quarter. Empowered Funds LLC grew its holdings in Helix Energy Solutions Group by 352.3% during the 4th quarter. Empowered Funds LLC now owns 538,485 shares of the oil and gas company’s stock valued at $5,019,000 after buying an additional 419,437 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in Helix Energy Solutions Group by 7.9% during the fourth quarter. Van ECK Associates Corp now owns 2,327,582 shares of the oil and gas company’s stock worth $21,693,000 after buying an additional 169,543 shares in the last quarter. Institutional investors and hedge funds own 91.33% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Raymond James downgraded Helix Energy Solutions Group from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the company from $14.00 to $10.00 in a research report on Friday, April 25th.

Helix Energy Solutions Group Price Performance

Helix Energy Solutions Group stock opened at $6.19 on Friday. The stock has a market capitalization of $937.21 million, a P/E ratio of 154.66 and a beta of 1.69. Helix Energy Solutions Group, Inc. has a 12-month low of $5.66 and a 12-month high of $13.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.29 and a quick ratio of 2.29. The firm’s 50-day moving average is $7.00 and its two-hundred day moving average is $8.39.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings data 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 net margin of 0.54% and a return on equity of 4.39%. The business had revenue of $278.06 million for the quarter, compared to the consensus estimate of $285.06 million. Equities 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.