Gulf Island Fabrication, Inc. (GIFI) Reaches $10.25 After 4.00% Down Move; Colgate-palmolive Company (CL) Sellers Decreased By 6.14% Their Shorts

June 13, 2018 - By Peter Erickson

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Logo

The stock of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) is a huge mover today! The stock decreased 2.84% or $0.3 during the last trading session, reaching $10.25. About 57,708 shares traded. Gulf Island Fabrication, Inc. (NASDAQ:GIFI) has risen 16.57% since June 13, 2017 and is uptrending. It has outperformed by 4.00% the S&P500. Some Historical GIFI News: ; 06/04/2018 – PITON CAPITAL PARTNERS LLC REPORTS A 7.9 PCT STAKE IN GULF ISLAND FABRICATION INC GIFI.O AS OF APRIL 4; 23/04/2018 – DJ Gulf Island Fabrication Inc, Inst Holders, 1Q 2018 (GIFI); 19/03/2018 Gulf Island Fabrication, Inc. Announces Project Awards; 25/04/2018 – Piton Capital Boosts Gulf Island Fabrication Stake to 9.3%; Reported 7.9% Stake Earlier This Month; 23/04/2018 – Gulf Island Completes Sale of Texas South Yard for $55 Million Cash; 25/05/2018 – Gulf Island Shipyard Awarded 3300HP ABS-Rated Towboat Newbuild Project With One Option; 06/04/2018 – PITON CAPITAL PARTNERS SAYS ON APRIL 4, ALSO PROPOSED TO BE INVITED BY GULF ISLAND FABRICATION TO NOMINATE 2 YET-TO-BE-IDENTIFIED DIRECTORS TO GULF’S BOARD; 06/04/2018 – Piton Capital Partners Boosts Gulf Island Fabrication Stake to 7.9%; 20/04/2018 – Pacific View Asset Management Reports 5.3% Stake in Gulf Island Fabrication; 26/04/2018 – Gulf Island Fabrication 1Q Rev $49.7MThe move comes after 6 months negative chart setup for the $154.19M company. It was reported on Jun, 13 by Barchart.com. We have $9.84 PT which if reached, will make NASDAQ:GIFI worth $6.17 million less.

Colgate-palmolive Company (NYSE:CL) had a decrease of 6.14% in short interest. CL’s SI was 11.95 million shares in June as released by FINRA. Its down 6.14% from 12.73M shares previously. With 4.13 million avg volume, 3 days are for Colgate-palmolive Company (NYSE:CL)’s short sellers to cover CL’s short positions. The SI to Colgate-palmolive Company’s float is 1.4%. The stock decreased 0.76% or $0.48 during the last trading session, reaching $63.25. About 1.94 million shares traded. Colgate-Palmolive Company (NYSE:CL) has declined 15.42% since June 13, 2017 and is downtrending. It has underperformed by 27.99% the S&P500. Some Historical CL News: ; 23/05/2018 – Colgate-Palmolive Aims for 100 % Recyclability of Plastics in Packaging Across All Its Pdt Categories by 2025; 27/04/2018 – Colgate-Palmolive Sees Mid-Single-Digit Net Sales Increase in 2018; 21/05/2018 – COLGATE INDIA INTERIM DIV/SHR 11 RUPEES; 21/05/2018 – COLGATE-PALMOLIVE (INDIA) LTD COLG.NS – MARCH QTR NET SALES 10.85 BLN RUPEES VS 11.72 BLN RUPEES LAST YEAR; 04/05/2018 – Colgate-Palmolive: Jakobsen, Currently Corporate Controller, to Succeed Dennis Hickey as CFO; 04/05/2018 – COLGATE NAMES HENNING JAKOBSEN AS CFO-DENNIS HICKEY AS VICE; 19/03/2018 – COLGATE CONTINUES TO RECOMMEND HOLDERS REJECT “MINI-TENDER”; 04/05/2018 – COLGATE NAMES DENNIS HICKEY AS VICE CHAIRMAN; 07/03/2018 – Colgate-Palmolive Raises Dividend to 42c Vs. 40c; 07/03/2018 Colgate Announces 5% Dividend Increase — Effective 2nd Quarter 2018

Since March 1, 2018, it had 3 buys, and 0 insider sales for $74,240 activity. Ladd Todd F. bought $36,000 worth of stock. MECHE KIRK J bought 3,600 shares worth $29,850. SCHORLEMER DAVID SCOTT also bought $8,390 worth of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) on Thursday, March 1.

Gulf Island Fabrication, Inc., through its subsidiaries, operates as a fabricator of offshore drilling and production platforms, and other steel structures for clients in the gas and oil, and marine industries in the United States. The company has market cap of $154.19 million. The firm fabricates jackets and deck sections of fixed production platforms; hull, tendon, and/or deck sections of floating production platforms, such as tension leg platforms, single point anchor reservoirs, floating production storage and offloading vessels, and minimum deepwater operating concepts; piles, wellhead protectors, and subsea templates, as well as various production, compressor, and utility modules; produces and repairs pressure vessels used in the gas and oil industry; fabricates various other types of steel structures; and provides onshore and offshore scaffolding and piping insulation services. It currently has negative earnings. It also fabricates and repairs offshore supply vessels, anchor handling vessels, lift boats, tugboats, towboats, barges, and other marine vessels; constructs dry docks to lift marine vessels; and offers steel repair, blasting and painting, electrical systems repair, and machinery and piping system repairs, as well as propeller, shaft, and rudder reconditioning.

More news for Gulf Island Fabrication, Inc. (NASDAQ:GIFI) were recently published by: Nasdaq.com, which released: “Gulf Island Shipyard Receives Contract Modification From OSU for Second Regional Class Research Vessel” on June 11, 2018. Streetinsider.com‘s article titled: “Gulf Island Fabrication (GIFI) Secures Newbuild Contract for 3300HP ABS-Rated Towboat Construction Project” and published on May 25, 2018 is yet another important article.

Investors sentiment decreased to 0.94 in Q1 2018. Its down 0.12, from 1.06 in 2017Q4. It dived, as 6 investors sold Gulf Island Fabrication, Inc. shares while 27 reduced holdings. 10 funds opened positions while 21 raised stakes. 9.48 million shares or 1.87% less from 9.66 million shares in 2017Q4 were reported. Principal Gp accumulated 103,914 shares. Bridgeway Cap Mngmt Inc holds 126,803 shares or 0.01% of its portfolio. Art Advsrs Limited Liability Company reported 18,554 shares or 0.01% of all its holdings. Parametric Portfolio Associates Lc stated it has 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Franklin Resources accumulated 227,000 shares or 0% of the stock. State Of Alaska Department Of Revenue holds 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 4,380 shares. Ls Investment Advsr has 434 shares for 0% of their portfolio. Bank & Trust Of America De invested in 3,699 shares or 0% of the stock. Goldman Sachs Group Inc accumulated 34,385 shares. Morgan Dempsey Capital Mgmt Limited Liability Company owns 49,652 shares. Rbf Cap Lc holds 30,000 shares. Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 4,440 shares. Legal & General Grp Public Limited Com holds 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 23,238 shares. State Common Retirement Fund, New York-based fund reported 14,600 shares. Wells Fargo And Mn owns 25,066 shares or 0% of their US portfolio.

Among 27 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 20 Hold. Therefore 22% are positive. Colgate-Palmolive had 72 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Neutral” rating by B. Riley & Co on Friday, October 28. The stock of Colgate-Palmolive Company (NYSE:CL) has “Neutral” rating given on Tuesday, January 30 by Citigroup. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, October 16. The rating was upgraded by Macquarie Research on Tuesday, December 19 to “Outperform”. The stock of Colgate-Palmolive Company (NYSE:CL) has “Hold” rating given on Monday, November 2 by Deutsche Bank. The firm has “Buy” rating by SunTrust given on Wednesday, October 11. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, April 17. The firm has “Neutral” rating by Citigroup given on Monday, January 30. The rating was upgraded by Zacks to “Hold” on Friday, September 4. Jefferies maintained the stock with “Hold” rating in Tuesday, May 30 report.

Colgate-Palmolive Company, together with its subsidiaries, makes and sells consumer products worldwide. The company has market cap of $55.17 billion. It operates through two divisions, Oral, Personal and Home Care; and Pet Nutrition. It has a 26.81 P/E ratio. The firm offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; personal care products comprising bar and liquid hand soaps, shower gels, shampoos, conditioners, and deodorants and antiperspirants; and home care products, such as laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, and other related products.

Since December 13, 2017, it had 0 insider purchases, and 24 selling transactions for $42.83 million activity. $292,026 worth of Colgate-Palmolive Company (NYSE:CL) shares were sold by Skala Justin. MOISON FRANCK J also sold $10.02M worth of Colgate-Palmolive Company (NYSE:CL) shares. Wallace Noel R. sold 46,009 shares worth $2.85 million. On Wednesday, December 13 Daniels Jennifer sold $539,694 worth of Colgate-Palmolive Company (NYSE:CL) or 7,375 shares. Another trade for 7,000 shares valued at $435,600 was sold by Gayle Helene D. Verduin Patricia also sold $110,310 worth of Colgate-Palmolive Company (NYSE:CL) on Tuesday, February 20. Another trade for 2,572 shares valued at $180,521 was made by Deoras Mukul on Tuesday, February 20.

More news for Colgate-Palmolive Company (NYSE:CL) were recently published by: Seekingalpha.com, which released: “Cisco Is A High Quality Stock – Cramer’s Lightning Round (6/8/18)” on June 11, 2018. Seekingalpha.com‘s article titled: “Colgate-Palmolive Offers An Attractive Entry Point” and published on May 30, 2018 is yet another important article.

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Institutional Positions Chart

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