New York State Common Retirement Fund purchased a new position in shares of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 14,600 shares of the oil and gas company’s stock, valued at approximately $169,000. New York State Common Retirement Fund owned approximately 0.10% of Gulf Island Fabrication at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its position in shares of Gulf Island Fabrication by 3.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,145,213 shares of the oil and gas company’s stock worth $13,227,000 after acquiring an additional 42,981 shares in the last quarter. Foundry Partners LLC boosted its position in shares of Gulf Island Fabrication by 30.5% during the 2nd quarter. Foundry Partners LLC now owns 303,180 shares of the oil and gas company’s stock worth $3,517,000 after acquiring an additional 70,875 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Gulf Island Fabrication by 33.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 179,074 shares of the oil and gas company’s stock worth $2,077,000 after acquiring an additional 45,071 shares in the last quarter. Wedge Capital Management L L P NC boosted its position in shares of Gulf Island Fabrication by 27.9% during the 2nd quarter. Wedge Capital Management L L P NC now owns 135,741 shares of the oil and gas company’s stock worth $1,575,000 after acquiring an additional 29,600 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Gulf Island Fabrication by 12.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 113,265 shares of the oil and gas company’s stock worth $1,314,000 after acquiring an additional 12,200 shares in the last quarter. Institutional investors and hedge funds own 64.24% of the company’s stock.

Shares of Gulf Island Fabrication, Inc. (NASDAQ GIFI) opened at $12.85 on Friday. Gulf Island Fabrication, Inc. has a 52-week low of $8.90 and a 52-week high of $13.95.

The company also recently declared a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Friday, November 10th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. Gulf Island Fabrication’s dividend payout ratio is -2.47%.

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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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