262,205 Shares in Helix Energy Solutions Group, Inc. (NYSE:HLX) Acquired by Glenorchy Capital Ltd

Glenorchy Capital Ltd purchased a new position in Helix Energy Solutions Group, Inc. (NYSE:HLX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 262,205 shares of the oil and gas company’s stock, valued at approximately $2,695,000. Helix Energy Solutions Group comprises about 1.0% of Glenorchy Capital Ltd’s portfolio, making the stock its 11th biggest position. Glenorchy Capital Ltd owned approximately 0.17% of Helix Energy Solutions Group as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI acquired a new position in shares of Helix Energy Solutions Group in the 3rd quarter valued at $66,000. SG Americas Securities LLC acquired a new position in Helix Energy Solutions Group in the 3rd quarter valued at $937,000. Counterpoint Mutual Funds LLC acquired a new position in Helix Energy Solutions Group in the 3rd quarter valued at $109,000. Raymond James & Associates acquired a new position in Helix Energy Solutions Group in the 3rd quarter valued at $180,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in Helix Energy Solutions Group in the 3rd quarter valued at $114,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Helix Energy Solutions Group Stock Performance

HLX traded up $0.30 during trading on Tuesday, hitting $11.15. The stock had a trading volume of 1,626,063 shares, compared to its average volume of 1,736,482. The firm has a market capitalization of $1.70 billion, a P/E ratio of -159.29 and a beta of 2.50. Helix Energy Solutions Group, Inc. has a twelve month low of $6.18 and a twelve month high of $12.14. The company’s 50-day moving average price is $10.36 and its 200 day moving average price is $9.99. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.56.

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings data on Monday, February 26th. The oil and gas company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.29). Helix Energy Solutions Group had a positive return on equity of 3.40% and a negative net margin of 0.84%. The business had revenue of $335.16 million during the quarter, compared to analysts’ expectations of $326.59 million. During the same quarter in the prior year, the firm earned $0.09 earnings per share. On average, equities research analysts forecast that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current fiscal year.

Helix Energy Solutions Group 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.