Dynamic Technology Lab Private Ltd Acquires Shares of 10,638 Helix Energy Solutions Group, Inc. (NYSE:HLX)

Dynamic Technology Lab Private Ltd bought a new position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,638 shares of the oil and gas company’s stock, valued at approximately $99,000.

A number of other large investors have also modified their holdings of the business. Principal Financial Group Inc. boosted its position in Helix Energy Solutions Group by 18.3% during the fourth quarter. Principal Financial Group Inc. now owns 2,443,203 shares of the oil and gas company’s stock worth $22,771,000 after acquiring an additional 378,394 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Helix Energy Solutions Group by 217.0% during the 3rd quarter. Jane Street Group LLC now owns 305,767 shares of the oil and gas company’s stock worth $3,394,000 after purchasing an additional 209,311 shares during the last quarter. Forge First Asset Management Inc. purchased a new stake in shares of Helix Energy Solutions Group in the fourth quarter valued at approximately $5,565,000. Wellington Management Group LLP increased its holdings in shares of Helix Energy Solutions Group by 13.7% in the fourth 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. Finally, Amundi lifted its position in Helix Energy Solutions Group by 191.9% during the fourth quarter. Amundi now owns 89,714 shares of the oil and gas company’s stock worth $812,000 after buying an additional 58,976 shares in the last quarter. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

NYSE HLX opened at $6.51 on Friday. Helix Energy Solutions Group, Inc. has a fifty-two week low of $5.77 and a fifty-two week high of $13.05. The firm has a market capitalization of $985.70 million, a P/E ratio of 162.67 and a beta of 1.91. The stock’s fifty day moving average is $7.94 and its two-hundred day moving average is $9.12. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.29 and a current ratio of 2.29.

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

Helix Energy Solutions Group 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.