Legal & General Group Plc increased its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 5.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 257,799 shares of the oil and gas company’s stock after buying an additional 12,585 shares during the quarter. Legal & General Group Plc owned 0.17% of Helix Energy Solutions Group worth $1,453,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Texas Permanent School Fund grew its holdings in shares of Helix Energy Solutions Group by 0.8% during the second quarter. Texas Permanent School Fund now owns 100,257 shares of the oil and gas company’s stock worth $565,000 after buying an additional 833 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in shares of Helix Energy Solutions Group by 6.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 32,420 shares of the oil and gas company’s stock worth $183,000 after buying an additional 1,920 shares in the last quarter. Green Square Capital LLC grew its holdings in shares of Helix Energy Solutions Group by 11.8% during the first quarter. Green Square Capital LLC now owns 21,033 shares of the oil and gas company’s stock worth $163,000 after buying an additional 2,220 shares in the last quarter. Amalgamated Bank grew its holdings in shares of Helix Energy Solutions Group by 16.3% during the first quarter. Amalgamated Bank now owns 17,744 shares of the oil and gas company’s stock worth $138,000 after buying an additional 2,489 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Helix Energy Solutions Group by 5.8% during the second quarter. Bank of Montreal Can now owns 86,402 shares of the oil and gas company’s stock worth $487,000 after buying an additional 4,773 shares in the last quarter. Institutional investors and hedge funds own 86.85% of the company’s stock.

Helix Energy Solutions Group, Inc. (HLX) opened at 7.22 on Thursday. The company’s 50-day moving average price is $6.38 and its 200 day moving average price is $6.29. Helix Energy Solutions Group, Inc. has a 12 month low of $4.82 and a 12 month high of $11.87. The firm’s market capitalization is $1.07 billion.

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

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A number of research firms recently issued reports on HLX. Zacks Investment Research downgraded Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a report on Monday, June 26th. Piper Jaffray Companies downgraded Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and increased their price objective for the stock from $7.00 to $7.30 in a report on Wednesday. Cowen and Company reiterated a “buy” rating and set a $10.00 price objective on shares of Helix Energy Solutions Group in a report on Tuesday, July 11th. BidaskClub downgraded Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $8.00 price objective (down from $15.00) on shares of Helix Energy Solutions Group in a report on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Helix Energy Solutions Group has an average rating of “Hold” and an average price target of $9.34.

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.

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

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