EntryPoint Capital LLC grew its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX – Free Report) by 38.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,803 shares of the oil and gas company’s stock after acquiring an additional 4,352 shares during the quarter. EntryPoint Capital LLC’s holdings in Helix Energy Solutions Group were worth $147,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its holdings in shares of Helix Energy Solutions Group by 143.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company’s stock valued at $45,000 after acquiring an additional 2,902 shares in the last quarter. Millburn Ridgefield Corp bought a new position in Helix Energy Solutions Group in the third quarter valued at about $61,000. KBC Group NV boosted its stake in shares of Helix Energy Solutions Group by 61.8% during the fourth quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock valued at $85,000 after purchasing an additional 3,491 shares in the last quarter. Vontobel Holding Ltd. bought a new stake in shares of Helix Energy Solutions Group during the fourth quarter worth about $93,000. Finally, Inceptionr LLC acquired a new position in shares of Helix Energy Solutions Group in the fourth quarter valued at approximately $113,000. Institutional investors own 91.33% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 4th.
Helix Energy Solutions Group Trading Down 1.9 %
NYSE HLX opened at $8.38 on Monday. The firm has a market capitalization of $1.26 billion, a PE ratio of 209.55 and a beta of 2.41. The business’s 50-day moving average price is $8.27 and its two-hundred day moving average price is $9.36. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. Helix Energy Solutions Group, Inc. has a 12 month low of $7.56 and a 12 month high of $13.05.
Helix Energy Solutions Group (NYSE:HLX – Get Free Report) last announced its earnings results 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. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. The business had revenue of $355.13 million for the quarter, compared to analysts’ expectations of $311.66 million. On average, analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 EPS 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.
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