Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Sold by Thrivent Financial For Lutherans

Thrivent Financial For Lutherans lessened its stake in Helix Energy Solutions Group, Inc. (NYSE:HLX) by 63.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 81,160 shares of the oil and gas company’s stock after selling 142,801 shares during the quarter. Thrivent Financial For Lutherans owned about 0.05% of Helix Energy Solutions Group worth $458,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Tudor Investment Corp ET AL acquired a new stake in shares of Helix Energy Solutions Group in the first quarter valued at approximately $129,000. Amalgamated Bank increased its holdings in shares of Helix Energy Solutions Group by 16.3% in the first quarter. Amalgamated Bank now owns 17,744 shares of the oil and gas company’s stock valued at $138,000 after purchasing an additional 2,489 shares during the last quarter. Laurion Capital Management LP acquired a new stake in shares of Helix Energy Solutions Group in the first quarter valued at approximately $149,000. Green Square Capital LLC increased its holdings in shares of Helix Energy Solutions Group by 11.8% in the first quarter. Green Square Capital LLC now owns 21,033 shares of the oil and gas company’s stock valued at $163,000 after purchasing an additional 2,220 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its stake in 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 acquiring an additional 11,800 shares during the last quarter. 86.77% of the stock is owned by hedge funds and other institutional investors.

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Helix Energy Solutions Group, Inc. (NYSE:HLX) opened at 6.97 on Friday. Helix Energy Solutions Group, Inc. has a 12-month low of $4.82 and a 12-month high of $11.87. The company has a 50-day moving average price of $7.32 and a 200-day moving average price of $6.29. The stock’s market capitalization is $1.03 billion.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Monday, October 23rd. The oil and gas company reported $0.02 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.02. The company had revenue of $163.30 million during the quarter, compared to the consensus estimate 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 company’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 earnings per share. On average, equities research analysts forecast that Helix Energy Solutions Group, Inc. will post ($0.14) earnings per share for the current year.

Several research firms have issued reports on HLX. BidaskClub cut Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Cowen and Company reissued a “buy” rating and set a $10.00 target price on shares of Helix Energy Solutions Group in a research note on Tuesday, July 11th. Bank of America Corporation started coverage on Helix Energy Solutions Group in a research report on Tuesday, September 5th. They set a “neutral” rating and a $7.00 price target for the company. Zacks Investment Research upgraded 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 restated 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 issued a hold rating and six have given a buy rating to the company’s stock. Helix Energy Solutions Group has a consensus rating of “Hold” and an average target price of $9.33.

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.

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

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