GSA Capital Partners LLP Invests $1.16 Million in Helix Energy Solutions Group, Inc. (NYSE:HLX)

GSA Capital Partners LLP acquired a new position in Helix Energy Solutions Group, Inc. (NYSE:HLX) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 140,018 shares of the oil and gas company’s stock, valued at approximately $1,164,000. GSA Capital Partners LLP owned approximately 0.09% of Helix Energy Solutions Group as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in HLX. Sunbelt Securities Inc. purchased a new stake in shares of Helix Energy Solutions Group in the fourth quarter valued at $34,000. Quarry LP grew its holdings in shares of Helix Energy Solutions Group by 79.8% during the fourth quarter. Quarry LP now owns 4,776 shares of the oil and gas company’s stock worth $45,000 after buying an additional 2,120 shares in the last quarter. CWM LLC raised its position in shares of Helix Energy Solutions Group by 78.0% in the first quarter. CWM LLC now owns 10,699 shares of the oil and gas company’s stock valued at $89,000 after buying an additional 4,688 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Helix Energy Solutions Group during the fourth quarter valued at approximately $99,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Helix Energy Solutions Group during the 4th quarter worth $110,000. 91.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HLX has been the topic of several analyst reports. Wall Street Zen cut Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. Raymond James Financial restated an “outperform” rating and issued a $9.00 price target (down previously from $10.00) on shares of Helix Energy Solutions Group in a report on Friday, July 25th.

Helix Energy Solutions Group Stock Down 2.2%

Shares of NYSE HLX opened at $6.26 on Thursday. The stock has a market capitalization of $920.16 million, a PE ratio of 19.56 and a beta of 1.57. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average of $6.53 and a 200-day moving average of $7.26. Helix Energy Solutions Group, Inc. has a 52-week low of $5.52 and a 52-week high of $12.33.

Helix Energy Solutions Group (NYSE:HLX) last issued its earnings results on Wednesday, July 23rd. The oil and gas company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.03). The firm had revenue of $302.29 million during the quarter, compared to analyst estimates of $326.62 million. Helix Energy Solutions Group had a net margin of 3.92% and a return on equity of 3.23%. On average, analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current 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.