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

Fox Run Management L.L.C. lessened its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 74.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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.

Several other large investors have also added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its holdings in Helix Energy Solutions Group by 6.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 33,553 shares of the oil and gas company’s stock worth $313,000 after purchasing an additional 1,950 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Helix Energy Solutions Group by 143.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company’s stock worth $45,000 after buying an additional 2,902 shares in the last quarter. KBC Group NV raised its position in Helix Energy Solutions Group by 61.8% in the 4th quarter. KBC Group NV now owns 9,136 shares of the oil and gas company’s stock valued at $85,000 after buying an additional 3,491 shares during the last quarter. Millburn Ridgefield Corp bought a new position in Helix Energy Solutions Group during the 3rd quarter valued at $61,000. Finally, Diversified Trust Co grew its stake in shares of Helix Energy Solutions Group by 12.6% in the 4th quarter. Diversified Trust Co now owns 55,568 shares of the oil and gas company’s stock worth $518,000 after acquiring an additional 6,220 shares in the last quarter. Institutional investors own 91.33% of the company’s stock.

Insiders Place Their Bets

In other Helix Energy Solutions Group news, EVP Kenneth English Neikirk sold 83,991 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $9.17, for a total value of $770,197.47. Following the completion of the sale, the executive vice president now directly owns 104,549 shares of the company’s stock, valued at $958,714.33. This trade represents a 44.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.37% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Helix Energy Solutions Group Stock Performance

HLX stock opened at $8.38 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.26 billion, a PE ratio of 209.55 and a beta of 2.41. The business has a 50 day moving average of $8.27 and a 200-day moving average of $9.36. Helix Energy Solutions Group, Inc. has a 12-month low of $7.56 and a 12-month high of $13.05.

Helix Energy Solutions Group (NYSE:HLX) last announced its 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 during 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%. As a group, sell-side analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 earnings per share for the current 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.