Swiss National Bank Sells 34,100 Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Swiss National Bank lessened its position in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 10.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 282,300 shares of the oil and gas company’s stock after selling 34,100 shares during the period. Swiss National Bank owned approximately 0.19% of Helix Energy Solutions Group worth $2,902,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of HLX. Victory Capital Management Inc. raised its position in Helix Energy Solutions Group by 9.8% during the fourth quarter. Victory Capital Management Inc. now owns 201,373 shares of the oil and gas company’s stock valued at $2,070,000 after purchasing an additional 18,028 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Helix Energy Solutions Group by 141.6% in the fourth quarter. Russell Investments Group Ltd. now owns 158,235 shares of the oil and gas company’s stock worth $1,627,000 after buying an additional 92,731 shares in the last quarter. Semanteon Capital Management LP purchased a new stake in Helix Energy Solutions Group in the fourth quarter worth approximately $1,239,000. Syon Capital LLC purchased a new position in shares of Helix Energy Solutions Group during the fourth quarter worth approximately $138,000. Finally, Glenorchy Capital Ltd bought a new stake in shares of Helix Energy Solutions Group in the 4th quarter worth approximately $2,695,000. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

Helix Energy Solutions Group Price Performance

HLX stock opened at $11.42 on Thursday. The firm has a market cap of $1.74 billion, a P/E ratio of -54.38 and a beta of 2.50. The firm’s fifty day moving average is $11.11 and its 200 day moving average is $10.15. Helix Energy Solutions Group, Inc. has a 52 week low of $6.18 and a 52 week high of $12.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate 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%. Research analysts predict that Helix Energy Solutions Group, Inc. will post 0.39 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Scott Andrew Sparks sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $11.44, for a total value of $137,280.00. Following the transaction, the chief operating officer now owns 282,634 shares in the company, valued at $3,233,332.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Owen E. Kratz sold 141,879 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 7,643,646 shares of the company’s stock, valued at $90,424,332.18. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Scott Andrew Sparks sold 12,000 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $11.44, for a total transaction of $137,280.00. Following the sale, the chief operating officer now owns 282,634 shares of the company’s stock, valued at $3,233,332.96. The disclosure for this sale can be found here. Insiders have sold 161,400 shares of company stock valued at $1,902,501 in the last ninety days. Company insiders own 6.37% of the company’s stock.

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.