Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Doheny Asset Management CA

Doheny Asset Management CA cut its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 142,104 shares of the oil and gas company’s stock after selling 1,663 shares during the quarter. Helix Energy Solutions Group makes up approximately 1.4% of Doheny Asset Management CA’s investment portfolio, making the stock its 24th largest position. Doheny Asset Management CA owned approximately 0.09% of Helix Energy Solutions Group worth $1,461,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of HLX. GAMMA Investing LLC acquired a new position in Helix Energy Solutions Group in the fourth quarter valued at approximately $44,000. Emerald Mutual Fund Advisers Trust acquired a new position in Helix Energy Solutions Group in the third quarter valued at approximately $87,000. Raymond James Financial Services Advisors Inc. acquired a new position in Helix Energy Solutions Group in the third quarter valued at approximately $114,000. Vanguard Personalized Indexing Management LLC acquired a new position in Helix Energy Solutions Group in the third quarter valued at approximately $117,000. Finally, Syon Capital LLC acquired a new position in Helix Energy Solutions Group in the fourth quarter valued at approximately $138,000. 91.33% of the stock is owned by institutional investors and hedge funds.

Helix Energy Solutions Group Price Performance

NYSE:HLX traded up $0.29 during trading hours on Thursday, reaching $10.87. The company had a trading volume of 451,092 shares, compared to its average volume of 1,722,777. The company has a current ratio of 1.74, a quick ratio of 1.56 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average price is $10.54 and its 200-day moving average price is $10.02. Helix Energy Solutions Group, Inc. has a 1-year low of $6.18 and a 1-year high of $12.14.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The business had revenue of $296.21 million for the quarter, compared to analyst estimates of $303.00 million. Helix Energy Solutions Group had a positive return on equity of 3.22% and a negative net margin of 2.39%. Analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.44 earnings per share for the current fiscal 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.