Dimensional Fund Advisors LP Has $88.61 Million Position in Helix Energy Solutions Group, Inc. $HLX

Dimensional Fund Advisors LP lifted its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 2.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 8,959,806 shares of the oil and gas company’s stock after purchasing an additional 249,887 shares during the period. Dimensional Fund Advisors LP owned 0.06% of Helix Energy Solutions Group worth $88,611,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HLX. Tudor Investment Corp ET AL bought a new stake in Helix Energy Solutions Group during the 3rd quarter worth about $799,000. Bastion Asset Management Inc. bought a new position in shares of Helix Energy Solutions Group in the first quarter worth about $8,581,000. Simcoe Capital LLC bought a new position in shares of Helix Energy Solutions Group in the fourth quarter worth about $3,816,000. Aristeia Capital L.L.C. lifted its position in shares of Helix Energy Solutions Group by 807.6% during the fourth quarter. Aristeia Capital L.L.C. now owns 126,126 shares of the oil and gas company’s stock worth $791,000 after purchasing an additional 112,229 shares in the last quarter. Finally, Royce & Associates LP lifted its position in shares of Helix Energy Solutions Group by 34.4% during the fourth quarter. Royce & Associates LP now owns 226,320 shares of the oil and gas company’s stock worth $1,419,000 after purchasing an additional 57,987 shares in the last quarter. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. TD Cowen boosted their price objective on shares of Helix Energy Solutions Group from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Helix Energy Solutions Group in a research report on Friday, July 24th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Helix Energy Solutions Group presently has a consensus rating of “Hold” and an average target price of $14.00.

Helix Energy Solutions Group Trading Down 0.5%

Shares of NYSE:HLX opened at $9.09 on Thursday. Helix Energy Solutions Group, Inc. has a 12 month low of $5.58 and a 12 month high of $10.75. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.19. The company’s fifty day simple moving average is $9.30 and its 200 day simple moving average is $9.15. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 90.86 and a beta of 1.12.

Helix Energy Solutions Group Company Profile

Helix Energy Solutions Group, Inc (NYSE: HLX) is a Houston-based provider of offshore well intervention and robotics services to the global energy industry. The company specializes in extending the productive life of subsea wells through hydraulic workover systems, coiled tubing operations and riser-based wireline services. In addition, Helix offers remotely operated vehicle (ROV) support, inspection, maintenance and repair for subsea infrastructure.

Operating through three core business segments—Well Intervention, Robotics & Subsea Services and Production Facilities—Helix deploys purpose-built vessels, specialized equipment and engineering expertise to execute complex offshore projects.