De Lisle Partners LLP Acquires 223,739 Shares of Gulf Island Fabrication, Inc. $GIFI

De Lisle Partners LLP increased its holdings in shares of Gulf Island Fabrication, Inc. (NASDAQ:GIFIFree Report) by 103.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 440,253 shares of the oil and gas company’s stock after acquiring an additional 223,739 shares during the quarter. De Lisle Partners LLP owned approximately 2.75% of Gulf Island Fabrication worth $5,272,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of GIFI. XTX Topco Ltd bought a new stake in Gulf Island Fabrication during the second quarter worth $72,000. Goldman Sachs Group Inc. lifted its holdings in Gulf Island Fabrication by 13.5% during the first quarter. Goldman Sachs Group Inc. now owns 14,844 shares of the oil and gas company’s stock worth $96,000 after acquiring an additional 1,766 shares during the period. Empowered Funds LLC lifted its holdings in Gulf Island Fabrication by 6.2% during the first quarter. Empowered Funds LLC now owns 28,144 shares of the oil and gas company’s stock worth $182,000 after acquiring an additional 1,654 shares during the period. Skandinaviska Enskilda Banken AB publ bought a new stake in Gulf Island Fabrication during the fourth quarter worth $191,000. Finally, GSA Capital Partners LLP lifted its holdings in Gulf Island Fabrication by 50.2% during the third quarter. GSA Capital Partners LLP now owns 30,776 shares of the oil and gas company’s stock worth $216,000 after acquiring an additional 10,290 shares during the period. 46.40% of the stock is currently owned by institutional investors.

Gulf Island Fabrication Stock Performance

Shares of GIFI opened at $12.00 on Friday. The firm has a market cap of $191.99 million, a PE ratio of 21.82 and a beta of 0.41. The stock’s fifty day moving average price is $12.00 and its two-hundred day moving average price is $11.99. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 3.46. Gulf Island Fabrication, Inc. has a 1 year low of $6.05 and a 1 year high of $12.00.

Gulf Island Fabrication Company Profile

(Free Report)

Gulf Island Fabrication, Inc is a Houston-based engineering and construction company specializing in the design, fabrication and assembly of large-scale structures for the offshore energy industry. The company’s core expertise lies in delivering steel foundations and topside modules for offshore oil and gas platforms, floating production systems and support vessels. By integrating engineering, procurement and construction services, Gulf Island Fabrication offers end-to-end solutions that address the demanding technical and regulatory requirements of deepwater and shallow-water developments.

The company’s product portfolio encompasses jackets, piles, topside decks, hulls, living quarters and utility modules, as well as the assembly of hook-up and commissioning services.

See Also

Institutional Ownership by Quarter for Gulf Island Fabrication (NASDAQ:GIFI)

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