Zurcher Kantonalbank Zurich Cantonalbank Reduces Holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Zurcher Kantonalbank Zurich Cantonalbank lowered its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,525 shares of the oil and gas company’s stock after selling 1,634 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Helix Energy Solutions Group were worth $334,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Walleye Capital LLC acquired a new stake in shares of Helix Energy Solutions Group during the third quarter valued at about $3,636,000. Jacobs Levy Equity Management Inc. acquired a new position in Helix Energy Solutions Group during the 3rd quarter worth about $3,278,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Helix Energy Solutions Group by 52.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 583,638 shares of the oil and gas company’s stock valued at $6,519,000 after acquiring an additional 201,465 shares during the period. Tudor Investment Corp Et Al grew its position in Helix Energy Solutions Group by 59.5% in the 3rd quarter. Tudor Investment Corp Et Al now owns 376,919 shares of the oil and gas company’s stock valued at $4,210,000 after acquiring an additional 140,593 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in Helix Energy Solutions Group by 9.2% during the third quarter. American Century Companies Inc. now owns 1,614,561 shares of the oil and gas company’s stock worth $18,035,000 after purchasing an additional 136,406 shares during the period. Institutional investors and hedge funds own 91.33% of the company’s stock.

Helix Energy Solutions Group Price Performance

Helix Energy Solutions Group stock opened at $10.95 on Friday. The company’s 50 day moving average is $10.57 and its two-hundred day moving average is $10.02. The firm has a market cap of $1.67 billion, a PE ratio of -52.14 and a beta of 2.50. The company has a quick ratio of 1.56, a current ratio of 1.74 and a debt-to-equity ratio of 0.21. Helix Energy Solutions Group, Inc. has a 52-week low of $6.18 and a 52-week high of $12.14.

Helix Energy Solutions Group (NYSE:HLX) last released its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The company had revenue of $296.21 million during the quarter, compared to analysts’ expectations of $303.00 million. Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.22%. On average, research analysts expect that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current fiscal 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.