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

De Lisle Partners LLP raised its position in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) by 103.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 440,253 shares of the oil and gas company’s stock after acquiring an additional 223,739 shares during the period. De Lisle Partners LLP’s holdings in Gulf Island Fabrication were worth $5,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC raised its stake in shares of Gulf Island Fabrication by 7.8% in the fourth quarter. Renaissance Technologies LLC now owns 623,124 shares of the oil and gas company’s stock valued at $7,459,000 after buying an additional 44,898 shares during the period. IES Holdings Inc. bought a new stake in shares of Gulf Island Fabrication in the fourth quarter valued at $6,774,000. Gardner Lewis Asset Management L P bought a new stake in shares of Gulf Island Fabrication in the fourth quarter valued at $4,193,000. Truffle Hound Capital LLC raised its stake in shares of Gulf Island Fabrication by 42.8% during the 3rd quarter. Truffle Hound Capital LLC now owns 250,000 shares of the oil and gas company’s stock valued at $1,755,000 after purchasing an additional 74,953 shares during the period. Finally, Groupe la Francaise bought a new stake in shares of Gulf Island Fabrication during the 4th quarter valued at $2,155,000. 46.40% of the stock is currently owned by institutional investors.

Gulf Island Fabrication Stock Performance

NASDAQ:GIFI opened at $12.00 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.46 and a current ratio of 3.54. Gulf Island Fabrication, Inc. has a 52-week low of $6.05 and a 52-week high of $12.00. The firm has a market cap of $191.99 million, a price-to-earnings ratio of 21.82 and a beta of 0.41. The business’s fifty day moving average is $12.00 and its 200 day moving average is $11.99.

About Gulf Island Fabrication

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.