Oddo BHF Asset Management Sas Acquires New Holdings in Gulf Island Fabrication, Inc. $GIFI

Oddo BHF Asset Management Sas purchased a new stake in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 49,100 shares of the oil and gas company’s stock, valued at approximately $588,000.

A number of other institutional investors and hedge funds have also modified their holdings of GIFI. XTX Topco Ltd bought a new stake in shares of Gulf Island Fabrication during the 2nd quarter worth $72,000. Goldman Sachs Group Inc. boosted its holdings in shares of Gulf Island Fabrication by 13.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 14,844 shares of the oil and gas company’s stock worth $96,000 after buying an additional 1,766 shares during the period. Hudson Bay Capital Management LP bought a new stake in shares of Gulf Island Fabrication during the 4th quarter worth $167,000. Empowered Funds LLC boosted its holdings in shares of Gulf Island Fabrication by 6.2% during the 1st quarter. Empowered Funds LLC now owns 28,144 shares of the oil and gas company’s stock worth $182,000 after buying an additional 1,654 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Gulf Island Fabrication during the 4th quarter worth $191,000. 46.40% of the stock is currently owned by institutional investors and hedge funds.

Gulf Island Fabrication Price Performance

NASDAQ GIFI opened at $12.00 on Wednesday. The company has a current ratio of 3.54, a quick ratio of 3.46 and a debt-to-equity ratio of 0.19. The company has a fifty day simple moving average of $12.00 and a 200 day simple moving average of $11.99. The company has a market cap of $191.99 million, a P/E ratio of 21.82 and a beta of 0.41. Gulf Island Fabrication, Inc. has a 1 year low of $6.05 and a 1 year high of $12.00.

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.