Fox Run Management L.L.C. Has $113,000 Position in Helix Energy Solutions Group, Inc. (NYSE:HLX)

Fox Run Management L.L.C. cut its holdings in shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) by 74.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,109 shares of the oil and gas company’s stock after selling 34,422 shares during the period. Fox Run Management L.L.C.’s holdings in Helix Energy Solutions Group were worth $113,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in HLX. Pacer Advisors Inc. raised its stake in shares of Helix Energy Solutions Group by 16.4% during the fourth quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company’s stock valued at $61,016,000 after acquiring an additional 923,477 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Helix Energy Solutions Group in the 4th quarter valued at about $6,070,000. Forge First Asset Management Inc. acquired a new stake in shares of Helix Energy Solutions Group in the fourth quarter valued at about $5,565,000. Principal Financial Group Inc. raised its position in shares of Helix Energy Solutions Group by 38.6% during the third quarter. Principal Financial Group Inc. now owns 2,064,809 shares of the oil and gas company’s stock worth $22,919,000 after acquiring an additional 575,450 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of Helix Energy Solutions Group by 111.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 941,394 shares of the oil and gas company’s stock worth $10,449,000 after acquiring an additional 496,278 shares during the period. 91.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 4th.

Insider Buying and Selling

In related news, EVP Kenneth English Neikirk sold 83,991 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $9.17, for a total transaction of $770,197.47. Following the transaction, the executive vice president now directly owns 104,549 shares of the company’s stock, valued at approximately $958,714.33. This represents a 44.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.37% of the stock is owned by insiders.

Helix Energy Solutions Group Stock Down 1.9 %

Shares of NYSE:HLX opened at $8.38 on Friday. Helix Energy Solutions Group, Inc. has a 1 year low of $7.56 and a 1 year high of $13.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.29 and a quick ratio of 2.29. The business’s 50-day moving average is $8.27 and its 200-day moving average is $9.36. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 209.55 and a beta of 2.41.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings results on Monday, February 24th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. The firm had revenue of $355.13 million for the quarter, compared to analyst estimates of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. Equities research analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current 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.