Brokerages Set Helix Energy Solutions Group, Inc. (HLX) PT at $10.00, Report finds

Brokerages Set Helix Energy Solutions Group, Inc. (HLX) PT at $10.00, Report finds

Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) have been assigned an average rating of “Buy” from the ten ratings firms that are covering the firm. Three analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $10.00.

Several analysts recently commented on the stock. Zacks Investment Research lowered shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a research report on Monday, December 12th. Johnson Rice lowered shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating and set a $10.00 price target on the stock. in a research report on Monday, January 9th. Finally, Credit Suisse Group set a $14.00 price target on shares of Helix Energy Solutions Group and gave the company a “buy” rating in a research report on Monday, November 21st.

Shares of Helix Energy Solutions Group (NYSE:HLX) opened at 7.50 on Monday. The stock’s 50 day moving average is $8.67 and its 200-day moving average is $8.73. The company’s market cap is $904.13 million. Helix Energy Solutions Group has a 12 month low of $2.60 and a 12 month high of $11.87.

In other news, insider Anthony Tripodo sold 36,000 shares of Helix Energy Solutions Group stock in a transaction dated Wednesday, December 28th. The shares were sold at an average price of $9.26, for a total value of $333,360.00. Following the sale, the insider now owns 273,360 shares in the company, valued at $2,531,313.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.46% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in HLX. Amalgamated Bank raised its stake in shares of Helix Energy Solutions Group by 5.3% in the second quarter. Amalgamated Bank now owns 11,980 shares of the company’s stock valued at $101,000 after buying an additional 604 shares during the period. Virginia Retirement Systems ET AL acquired a new position in Helix Energy Solutions Group during the second quarter worth $110,000. Mason Street Advisors LLC acquired a new position in Helix Energy Solutions Group during the second quarter worth $132,000. Public Employees Retirement System of Ohio raised its position in Helix Energy Solutions Group by 15.8% in the second quarter. Public Employees Retirement System of Ohio now owns 20,293 shares of the company’s stock worth $137,000 after buying an additional 2,762 shares during the last quarter. Finally, South Dakota Investment Council acquired a new position in Helix Energy Solutions Group during the third quarter worth $171,000. Institutional investors and hedge funds own 70.87% of the company’s stock.

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.

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Brokerages Set Helix Energy Solutions Group, Inc. (HLX) PT at $10.00

Brokerages Set Helix Energy Solutions Group, Inc. (HLX) PT at $10.00

Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) have been assigned an average rating of “Buy” from the ten ratings firms that are covering the firm. Three analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $10.00.

Several analysts recently commented on the stock. Zacks Investment Research lowered shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a research report on Monday, December 12th. Johnson Rice lowered shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating and set a $10.00 price target on the stock. in a research report on Monday, January 9th. Finally, Credit Suisse Group set a $14.00 price target on shares of Helix Energy Solutions Group and gave the company a “buy” rating in a research report on Monday, November 21st.

Shares of Helix Energy Solutions Group (NYSE:HLX) opened at 7.50 on Monday. The stock’s 50 day moving average is $8.67 and its 200-day moving average is $8.73. The company’s market cap is $904.13 million. Helix Energy Solutions Group has a 12 month low of $2.60 and a 12 month high of $11.87.

In other news, insider Anthony Tripodo sold 36,000 shares of Helix Energy Solutions Group stock in a transaction dated Wednesday, December 28th. The shares were sold at an average price of $9.26, for a total value of $333,360.00. Following the sale, the insider now owns 273,360 shares in the company, valued at $2,531,313.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.46% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in HLX. Amalgamated Bank raised its stake in shares of Helix Energy Solutions Group by 5.3% in the second quarter. Amalgamated Bank now owns 11,980 shares of the company’s stock valued at $101,000 after buying an additional 604 shares during the period. Virginia Retirement Systems ET AL acquired a new position in Helix Energy Solutions Group during the second quarter worth $110,000. Mason Street Advisors LLC acquired a new position in Helix Energy Solutions Group during the second quarter worth $132,000. Public Employees Retirement System of Ohio raised its position in Helix Energy Solutions Group by 15.8% in the second quarter. Public Employees Retirement System of Ohio now owns 20,293 shares of the company’s stock worth $137,000 after buying an additional 2,762 shares during the last quarter. Finally, South Dakota Investment Council acquired a new position in Helix Energy Solutions Group during the third quarter worth $171,000. Institutional investors and hedge funds own 70.87% of the company’s stock.

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.

Related posts

Leave a Comment