General American Investors Co. Inc. Has $13,373,000 Stake in Helix Energy Solutions Group Inc (HLX)

General American Investors Co. Inc. maintained its position in Helix Energy Solutions Group Inc (NYSE:HLX) during the first quarter, Holdings Channel reports. The fund owned 1,721,159 shares of the oil and gas company’s stock at the end of the first quarter. General American Investors Co. Inc. owned approximately 1.17% of Helix Energy Solutions Group worth $13,373,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Helix Energy Solutions Group by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,579,315 shares of the oil and gas company’s stock valued at $84,489,000 after buying an additional 53,518 shares during the period. BlackRock Fund Advisors increased its position in Helix Energy Solutions Group by 11.4% in the third quarter. BlackRock Fund Advisors now owns 7,614,249 shares of the oil and gas company’s stock valued at $61,904,000 after buying an additional 781,106 shares during the period. GMT Capital Corp increased its position in Helix Energy Solutions Group by 384.0% in the third quarter. GMT Capital Corp now owns 7,271,023 shares of the oil and gas company’s stock valued at $59,113,000 after buying an additional 5,768,600 shares during the period. State Street Corp increased its position in Helix Energy Solutions Group by 17.8% in the fourth quarter. State Street Corp now owns 3,444,940 shares of the oil and gas company’s stock valued at $30,390,000 after buying an additional 520,553 shares during the period. Finally, FMR LLC increased its position in Helix Energy Solutions Group by 44.4% in the fourth quarter. FMR LLC now owns 2,700,198 shares of the oil and gas company’s stock valued at $23,816,000 after buying an additional 829,748 shares during the period. 71.11% of the stock is currently owned by hedge funds and other institutional investors.

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

Helix Energy Solutions Group Inc (NYSE:HLX) traded down 0.33% during midday trading on Friday, reaching $6.12. 1,291,034 shares of the company were exchanged. The stock’s market capitalization is $903.68 million. Helix Energy Solutions Group Inc has a 52 week low of $5.82 and a 52 week high of $11.87. The firm’s 50 day moving average price is $7.26 and its 200-day moving average price is $8.62.

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings results on Sunday, April 23rd. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.03. Helix Energy Solutions Group had a negative net margin of 83.31% and a negative return on equity of 2.53%. The firm had revenue of $104.50 million for the quarter, compared to analysts’ expectations of $110.22 million. During the same quarter last year, the company earned ($0.26) EPS. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. Equities analysts forecast that Helix Energy Solutions Group Inc will post ($0.17) EPS for the current fiscal year.

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Several equities analysts have recently commented on HLX shares. Stephens raised shares of Helix Energy Solutions Group from an “equal weight” rating to an “overweight” rating in a report on Tuesday, February 21st. Tudor Pickering raised shares of Helix Energy Solutions Group from a “hold” rating to a “buy” rating in a report on Monday, April 3rd. Zacks Investment Research downgraded shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Johnson Rice raised shares of Helix Energy Solutions Group from a “hold” rating to an “accumulate” rating in a report on Wednesday, February 22nd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Helix Energy Solutions Group presently has an average rating of “Buy” and an average target price of $10.46.

About Helix Energy Solutions Group

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.

5 Day Chart for NYSE:HLX

Want to see what other hedge funds are holding HLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helix Energy Solutions Group Inc (NYSE:HLX).

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