Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Bought by American Century Companies Inc.

American Century Companies Inc. lifted its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,727,037 shares of the oil and gas company’s stock after acquiring an additional 437,814 shares during the period. American Century Companies Inc. owned 3.11% of Helix Energy Solutions Group worth $44,056,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Pacer Advisors Inc. raised its stake in 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 during the period. Raymond James Financial Inc. purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth $6,070,000. Forge First Asset Management Inc. acquired a new position in Helix Energy Solutions Group in the fourth quarter valued at $5,565,000. Principal Financial Group Inc. grew its position in 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 valued at $22,919,000 after acquiring an additional 575,450 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its stake in Helix Energy Solutions Group by 111.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 941,394 shares of the oil and gas company’s stock worth $10,449,000 after acquiring an additional 496,278 shares during the last quarter. 91.33% of the stock is owned by institutional investors and hedge funds.

Helix Energy Solutions Group Price Performance

Helix Energy Solutions Group stock opened at $8.53 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $1.29 billion, a P/E ratio of 213.18 and a beta of 2.41. The firm has a fifty day moving average of $8.29 and a 200-day moving average of $9.36. Helix Energy Solutions Group, Inc. has a 52-week low of $7.56 and a 52-week high of $13.05.

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

Wall Street Analyst Weigh In

Separately, StockNews.com raised Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research note on Wednesday, December 4th.

Insider Buying and Selling

In related news, EVP Kenneth English Neikirk sold 83,991 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $9.17, for a total transaction of $770,197.47. Following the completion of the sale, the executive vice president now directly owns 104,549 shares of the company’s stock, valued at approximately $958,714.33. This trade represents a 44.55 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 6.37% of the stock is currently owned by corporate insiders.

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.