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

Glenorchy Capital Ltd purchased a new stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 262,205 shares of the oil and gas company’s stock, valued at approximately $2,695,000. Helix Energy Solutions Group accounts for 1.0% of Glenorchy Capital Ltd’s portfolio, making the stock its 11th largest holding.

A number of other large investors have also recently bought and sold shares of the stock. Yousif Capital Management LLC grew its position in Helix Energy Solutions Group by 9.8% in the fourth quarter. Yousif Capital Management LLC now owns 77,080 shares of the oil and gas company’s stock valued at $792,000 after acquiring an additional 6,871 shares during the period. GAMMA Investing LLC bought a new stake in Helix Energy Solutions Group in the fourth quarter valued at $44,000. Illinois Municipal Retirement Fund grew its position in Helix Energy Solutions Group by 11.3% in the fourth quarter. Illinois Municipal Retirement Fund now owns 88,023 shares of the oil and gas company’s stock valued at $905,000 after acquiring an additional 8,923 shares during the period. Louisiana State Employees Retirement System bought a new stake in Helix Energy Solutions Group in the fourth quarter valued at $729,000. Finally, Allspring Global Investments Holdings LLC grew its position in Helix Energy Solutions Group by 42.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 21,232 shares of the oil and gas company’s stock valued at $218,000 after acquiring an additional 6,369 shares during the period. 91.33% of the stock is currently owned by institutional investors.

Helix Energy Solutions Group Price Performance

NYSE:HLX traded up $0.30 during trading hours on Tuesday, reaching $11.15. The company had a trading volume of 1,626,063 shares, compared to its average volume of 1,736,482. The stock has a 50-day moving average of $10.36 and a two-hundred day moving average of $9.99. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $1.70 billion, a PE ratio of -159.29 and a beta of 2.50. Helix Energy Solutions Group, Inc. has a one year low of $6.18 and a one year high of $12.14.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results 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). The business had revenue of $335.16 million for the quarter, compared to the consensus estimate of $326.59 million. Helix Energy Solutions Group had a positive return on equity of 3.40% and a negative net margin of 0.84%. During the same quarter in the previous year, the company posted $0.09 EPS. Analysts forecast that Helix Energy Solutions Group, Inc. will post 0.44 earnings per share for the current 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.