Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Holdings Trimmed by Foundry Partners LLC

Foundry Partners LLC reduced its stake in shares of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) by 6.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 308,180 shares of the oil and gas company’s stock after selling 21,325 shares during the period. Foundry Partners LLC owned approximately 2.07% of Gulf Island Fabrication worth $4,137,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. 22NW LP lifted its stake in shares of Gulf Island Fabrication by 10.1% during the third quarter. 22NW LP now owns 186,526 shares of the oil and gas company’s stock worth $2,369,000 after buying an additional 17,111 shares during the period. Vanguard Group Inc. lifted its stake in shares of Gulf Island Fabrication by 5.5% during the second quarter. Vanguard Group Inc. now owns 823,436 shares of the oil and gas company’s stock worth $9,551,000 after buying an additional 42,859 shares during the period. Northern Trust Corp lifted its stake in shares of Gulf Island Fabrication by 398.4% during the second quarter. Northern Trust Corp now owns 243,397 shares of the oil and gas company’s stock worth $2,824,000 after buying an additional 194,558 shares during the period. Rhumbline Advisers lifted its position in Gulf Island Fabrication by 106.2% during the second quarter. Rhumbline Advisers now owns 27,276 shares of the oil and gas company’s stock valued at $316,000 after purchasing an additional 14,051 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Gulf Island Fabrication by 12.1% during the second quarter. JPMorgan Chase & Co. now owns 113,265 shares of the oil and gas company’s stock valued at $1,314,000 after purchasing an additional 12,200 shares during the period. Institutional investors and hedge funds own 62.96% of the company’s stock.

Gulf Island Fabrication, Inc. (NASDAQ GIFI) opened at $12.60 on Tuesday. The stock has a market cap of $183.99, a price-to-earnings ratio of -7.78 and a beta of 0.83. Gulf Island Fabrication, Inc. has a 1 year low of $8.90 and a 1 year high of $13.95.

Separately, TheStreet upgraded shares of Gulf Island Fabrication from a “d+” rating to a “c-” rating in a research report on Tuesday, November 21st.

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Gulf Island Fabrication Company Profile

Gulf Island Fabrication, Inc (Gulf Island) is a holding company. The Company, along with its subsidiaries, is a fabricator of steel platforms and other specialized structures for customers in the offshore oil and gas industry. It also performs onshore and offshore construction and fabrication services for customers in the marine industry.

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

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