Helix Energy Solutions Group, Inc. (HLX) Stake Held by Swiss National Bank

Swiss National Bank maintained its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 225,900 shares of the oil and gas company’s stock at the end of the second quarter. Swiss National Bank owned approximately 0.15% of Helix Energy Solutions Group worth $1,274,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. increased its stake in Helix Energy Solutions Group by 31,634.0% in the 1st quarter. BlackRock Inc. now owns 17,588,903 shares of the oil and gas company’s stock worth $136,665,000 after buying an additional 17,533,477 shares during the period. Vanguard Group Inc. increased its stake in Helix Energy Solutions Group by 31.4% in the 1st quarter. Vanguard Group Inc. now owns 12,647,162 shares of the oil and gas company’s stock worth $98,268,000 after buying an additional 3,022,776 shares during the period. Dimensional Fund Advisors LP increased its stake in Helix Energy Solutions Group by 18.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,341,629 shares of the oil and gas company’s stock worth $88,123,000 after buying an additional 1,762,314 shares during the period. Victory Capital Management Inc. increased its stake in Helix Energy Solutions Group by 4.5% in the 2nd quarter. Victory Capital Management Inc. now owns 6,082,041 shares of the oil and gas company’s stock worth $34,303,000 after buying an additional 259,463 shares during the period. Finally, State Street Corp increased its stake in Helix Energy Solutions Group by 29.3% in the 1st quarter. State Street Corp now owns 4,455,898 shares of the oil and gas company’s stock worth $34,619,000 after buying an additional 1,010,958 shares during the period. 86.85% of the stock is currently owned by institutional investors.

Helix Energy Solutions Group, Inc. (NYSE:HLX) opened at 7.77 on Friday. Helix Energy Solutions Group, Inc. has a 52-week low of $4.82 and a 52-week high of $11.87. The stock’s market cap is $1.15 billion. The firm’s 50-day moving average is $7.03 and its 200-day moving average is $6.30.

Helix Energy Solutions Group (NYSE:HLX) last released its earnings results on Sunday, July 23rd. The oil and gas company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). Helix Energy Solutions Group had a negative return on equity of 1.21% and a negative net margin of 12.09%. The firm had revenue of $150.30 million for the quarter, compared to analysts’ expectations of $141.03 million. During the same quarter in the previous year, the company posted ($0.10) earnings per share. The firm’s quarterly revenue was up 40.2% on a year-over-year basis. Equities research analysts predict that Helix Energy Solutions Group, Inc. will post ($0.14) earnings per share for the current year.

HLX has been the topic of several recent analyst reports. Piper Jaffray Companies downgraded shares of Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and raised their price target for the stock from $7.00 to $7.30 in a research note on Wednesday, September 27th. BidaskClub raised shares of Helix Energy Solutions Group from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Cowen and Company reissued a “buy” rating and set a $9.00 target price on shares of Helix Energy Solutions Group in a research report on Friday, September 1st. Morgan Stanley reissued an “overweight” rating and set a $8.00 target price (down previously from $15.00) on shares of Helix Energy Solutions Group in a research report on Wednesday, June 21st. Finally, Capital One Financial Corporation reissued an “overweight” rating on shares of Helix Energy Solutions Group in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. Helix Energy Solutions Group has a consensus rating of “Hold” and an average target price of $9.33.

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Helix Energy Solutions Group Company Profile

Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.

Institutional Ownership by Quarter for Helix Energy Solutions Group (NYSE:HLX)

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