Charles Schwab Investment Management Inc. Sells 17,713 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Charles Schwab Investment Management Inc. lessened its stake in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,916,838 shares of the oil and gas company’s stock after selling 17,713 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Helix Energy Solutions Group were worth $19,705,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in shares of Helix Energy Solutions Group in the 4th quarter worth about $44,000. Raymond James Financial Services Advisors Inc. purchased a new position in Helix Energy Solutions Group in the third quarter worth about $114,000. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Helix Energy Solutions Group during the third quarter valued at approximately $117,000. Syon Capital LLC purchased a new stake in shares of Helix Energy Solutions Group during the fourth quarter valued at approximately $138,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Helix Energy Solutions Group during the third quarter valued at approximately $166,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

HLX stock opened at $11.20 on Friday. The stock’s 50 day simple moving average is $11.16 and its 200 day simple moving average is $10.16. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.21. Helix Energy Solutions Group, Inc. has a 12-month low of $6.18 and a 12-month high of $12.14. The stock has a market capitalization of $1.71 billion, a PE ratio of -53.33 and a beta of 2.50.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly 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). Helix Energy Solutions Group had a negative net margin of 2.39% and a positive return on equity of 3.22%. The business had revenue of $296.21 million for the quarter, compared to the consensus estimate of $303.00 million. As a group, research analysts forecast that Helix Energy Solutions Group, Inc. will post 0.39 earnings per share for the current fiscal year.

Insider Transactions at Helix Energy Solutions Group

In related news, CEO Owen E. Kratz sold 141,879 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $11.83, for a total transaction of $1,678,428.57. Following the transaction, the chief executive officer now owns 7,643,646 shares in the company, valued at $90,424,332.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Owen E. Kratz sold 141,879 shares of Helix Energy Solutions Group stock in a transaction on Monday, May 20th. The stock was sold at an average price of $11.83, for a total value of $1,678,428.57. Following the completion of the sale, the chief executive officer now owns 7,643,646 shares of the company’s stock, valued at $90,424,332.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Owen E. Kratz sold 7,521 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $11.54, for a total value of $86,792.34. Following the completion of the transaction, the chief executive officer now directly owns 7,471,329 shares in the company, valued at approximately $86,219,136.66. The disclosure for this sale can be found here. Insiders sold 161,400 shares of company stock worth $1,902,501 over the last three months. 6.37% of the stock is currently owned by company insiders.

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.