Helix Energy Solutions Group, Inc. (NYSE:HLX) Director Nancy K. Quinn sold 11,268 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $7.44, for a total transaction of $83,833.92. Following the transaction, the director now owns 104,107 shares in the company, valued at $774,556.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Helix Energy Solutions Group, Inc. (HLX) traded down $0.21 on Monday, hitting $7.25. 1,217,400 shares of the stock traded hands, compared to its average volume of 2,070,633. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.02 and a current ratio of 2.02. Helix Energy Solutions Group, Inc. has a 12 month low of $4.82 and a 12 month high of $11.87.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings data on Monday, October 23rd. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.02. The company had revenue of $163.30 million for the quarter, compared to analysts’ expectations of $168.97 million. Helix Energy Solutions Group had a negative net margin of 13.72% and a negative return on equity of 1.80%. The business’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS. research analysts forecast that Helix Energy Solutions Group, Inc. will post -0.13 EPS for the current fiscal year.

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Several analysts have issued reports on the stock. BidaskClub downgraded shares of Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Bank of America Corporation assumed coverage on shares of Helix Energy Solutions Group in a research note on Tuesday, September 5th. They set a “neutral” rating and a $7.00 price target on the stock. Cowen and Company reaffirmed an “outperform” rating and set a $9.00 price target (down previously from $10.00) on shares of Helix Energy Solutions Group in a research note on Tuesday, July 25th. Zacks Investment Research raised shares of Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Capital One Financial Corporation reissued an “overweight” rating on shares of Helix Energy Solutions Group in a research report on Tuesday, October 10th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Helix Energy Solutions Group currently has a consensus rating of “Hold” and an average target price of $9.33.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Amalgamated Bank increased its position in shares of Helix Energy Solutions Group by 3.8% in the second quarter. Amalgamated Bank now owns 18,427 shares of the oil and gas company’s stock worth $104,000 after acquiring an additional 683 shares in the last quarter. Green Square Capital LLC increased its position in shares of Helix Energy Solutions Group by 1.7% in the second quarter. Green Square Capital LLC now owns 21,392 shares of the oil and gas company’s stock worth $121,000 after acquiring an additional 359 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Helix Energy Solutions Group during the first quarter worth approximately $129,000. GSA Capital Partners LLP acquired a new stake in shares of Helix Energy Solutions Group during the second quarter worth approximately $151,000. Finally, State of Alaska Department of Revenue boosted its holdings in shares of Helix Energy Solutions Group by 77.8% during the second quarter. State of Alaska Department of Revenue now owns 26,960 shares of the oil and gas company’s stock worth $152,000 after purchasing an additional 11,800 shares during the period. 87.13% of the stock is currently owned by institutional investors.

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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