Public Employees Retirement Association of Colorado Has $17.40 Million Holdings in Helix Energy Solutions Group Inc (NYSE:HLX)

Public Employees Retirement Association of Colorado raised its holdings in shares of Helix Energy Solutions Group Inc (NYSE:HLX) by 12.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,016,047 shares of the oil and gas company’s stock after purchasing an additional 219,392 shares during the period. Public Employees Retirement Association of Colorado owned 1.36% of Helix Energy Solutions Group worth $17,398,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Advisor Partners LLC lifted its position in Helix Energy Solutions Group by 11.4% during the 1st quarter. Advisor Partners LLC now owns 12,135 shares of the oil and gas company’s stock valued at $96,000 after purchasing an additional 1,243 shares during the period. Arizona State Retirement System lifted its position in Helix Energy Solutions Group by 0.6% during the 1st quarter. Arizona State Retirement System now owns 215,750 shares of the oil and gas company’s stock valued at $1,707,000 after purchasing an additional 1,285 shares during the period. Mason Street Advisors LLC lifted its position in Helix Energy Solutions Group by 3.9% during the 1st quarter. Mason Street Advisors LLC now owns 44,916 shares of the oil and gas company’s stock valued at $355,000 after purchasing an additional 1,667 shares during the period. Crossmark Global Holdings Inc. lifted its position in Helix Energy Solutions Group by 6.4% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 32,040 shares of the oil and gas company’s stock valued at $277,000 after purchasing an additional 1,919 shares during the period. Finally, Advisor Group Inc. lifted its position in Helix Energy Solutions Group by 34.2% during the 4th quarter. Advisor Group Inc. now owns 8,726 shares of the oil and gas company’s stock valued at $47,000 after purchasing an additional 2,226 shares during the period. Institutional investors own 94.83% of the company’s stock.

Shares of HLX stock traded down $0.02 on Wednesday, reaching $7.16. The company had a trading volume of 242,310 shares, compared to its average volume of 1,131,310. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.10 billion, a PE ratio of 37.68 and a beta of 2.79. The stock’s 50-day simple moving average is $8.25. Helix Energy Solutions Group Inc has a 12 month low of $5.05 and a 12 month high of $10.89.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings results on Wednesday, July 24th. The oil and gas company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). The company had revenue of $201.73 million during the quarter, compared to the consensus estimate of $203.99 million. Helix Energy Solutions Group had a net margin of 4.27% and a return on equity of 1.93%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.12 earnings per share. Analysts anticipate that Helix Energy Solutions Group Inc will post 0.31 EPS for the current year.

A number of research firms have issued reports on HLX. Zacks Investment Research downgraded shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 31st. Raymond James upgraded shares of Helix Energy Solutions Group from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $10.00 to $11.00 in a research report on Friday, June 7th. Finally, Johnson Rice upgraded shares of Helix Energy Solutions Group from an “accumulate” rating to a “buy” rating in a research report on Wednesday, April 24th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Helix Energy Solutions Group presently has an average rating of “Buy” and an average target price of $10.08.

Helix Energy Solutions Group Profile

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

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Institutional Ownership by Quarter for Helix Energy Solutions Group (NYSE:HLX)

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