Other hedge funds and other institutional investors also recently modified their holdings of the company. William Blair Investment Management LLC boosted its holdings in Helix Energy Solutions Group by 1.3% in the 2nd 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 period. Moreover, Technology Crossover Management Vii Ltd. has 28.77% invested in the company for 5.04 million shares.
According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. It also reduced Cardinal Health (NYSE:CAH) stake by 5,037 shares and now owns 61,764 shares. Investors managing their own money may want to make sure that they know exactly what stocks are in the portfolio at all times. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Cowen & Co maintained the stock with "Buy" rating in Wednesday, August 30 report. Zacks Investment Research upgraded shares of Helix Energy Solutions Group from a "sell" rating to a "hold" rating in a report on Thursday, July 27th. Cowen & Co has "Outperform" rating and $10 target. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The stock's average target of $122.33 is -33.02% below today's ($182.63) share price.
ILLEGAL ACTIVITY NOTICE: This report was first posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another domain, it was stolen and republished in violation of United States & worldwide trademark and copyright law. The legal version of this report can be accessed at https://stocknewstimes.com/2017/09/16/helix-energy-solutions-group-inc-hlx-shares-bought-by-victory-capital-management-inc.html. (NYSE:HLX) opened at 7.36 on Friday. The stock stands almost $4.51 off versus the 52-week high of $11.87 and $2.54 above the 52-week low of $4.82. (HLX)'s current distance from 20-Day Simple Moving Average is 16.28% and standing 20.97% away from 50-Day Simple Moving Average while traded up 1.94% from 200-Day Simple Moving Average. The company has a market cap of $1.14 Billion.
Several analysts have released their opinion on Helix Energy Solutions Group, Inc. Looking at some alternate time periods, the 12 month price index is 1.06987, the 24 month is 1.18548, and the 36 month is 0.29412. The company had revenue of $150.30 million during the quarter, compared to analysts' expectations of $141.03 million. The company's quarterly EPS surprised Wall Street by as much as 7% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has "Overweight" rating given on Thursday, January 21 by Stephens. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has "Overweight" rating given on Tuesday, April 19 by Morgan Stanley. The Firm provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Firm operates in three divisions: Well Intervention, Robotics and Production Facilities.
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