Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Acquired by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 11.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,065,620 shares of the oil and gas company’s stock after acquiring an additional 106,582 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Helix Energy Solutions Group were worth $11,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Helix Energy Solutions Group by 1.2% in the first quarter. Vanguard Group Inc. now owns 13,366,874 shares of the oil and gas company’s stock valued at $144,897,000 after purchasing an additional 152,413 shares during the period. Dimensional Fund Advisors LP boosted its position in Helix Energy Solutions Group by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 11,018,797 shares of the oil and gas company’s stock valued at $131,559,000 after buying an additional 254,880 shares during the last quarter. Pacer Advisors Inc. acquired a new position in Helix Energy Solutions Group in the 2nd quarter worth approximately $81,862,000. American Century Companies Inc. raised its position in Helix Energy Solutions Group by 24.9% during the 2nd quarter. American Century Companies Inc. now owns 3,413,435 shares of the oil and gas company’s stock worth $40,756,000 after buying an additional 680,635 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Helix Energy Solutions Group by 74.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,314,924 shares of the oil and gas company’s stock valued at $27,640,000 after acquiring an additional 985,101 shares during the period. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Insider Activity

In other news, CEO Owen E. Kratz sold 298,419 shares of the business’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $11.92, for a total transaction of $3,557,154.48. Following the completion of the sale, the chief executive officer now owns 7,171,860 shares of the company’s stock, valued at $85,488,571.20. The trade was a 3.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 6.37% of the company’s stock.

Helix Energy Solutions Group Stock Up 1.5 %

HLX opened at $11.36 on Friday. The company has a fifty day moving average of $10.24 and a two-hundred day moving average of $10.83. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 284.07 and a beta of 2.43. Helix Energy Solutions Group, Inc. has a fifty-two week low of $8.82 and a fifty-two week high of $13.05. 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 results on Wednesday, October 23rd. The oil and gas company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $342.42 million during the quarter, compared to analyst estimates of $354.74 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. During the same quarter in the previous year, the business earned $0.19 EPS. On average, research analysts expect that Helix Energy Solutions Group, Inc. will post 0.29 earnings per share for the current year.

Wall Street Analyst Weigh In

HLX has been the topic of a number of research reports. Raymond James assumed coverage on shares of Helix Energy Solutions Group in a research note on Thursday, September 19th. They issued a “strong-buy” rating and a $14.00 price objective on the stock. StockNews.com raised Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a report on Saturday, November 2nd. TD Cowen lowered their target price on Helix Energy Solutions Group from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, BTIG Research downgraded Helix Energy Solutions Group from a “buy” rating to a “neutral” rating in a report on Thursday, October 24th.

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.