Taiwan Semiconductor (TSM) Holder Veritas Investment Management Uk LTD Decreased Position; Zpr Investment Management Cut Gulf Island Fabrication (GIFI) Position by $320,738; Market Value Declined

November 15, 2017 - By Neil V. Hobbs

Zpr Investment Management decreased its stake in Gulf Island Fabrication Inc (GIFI) by 50.83% based on its latest 2017Q2 regulatory filing with the SEC. Zpr Investment Management sold 29,158 shares as the company’s stock declined 30.42% while stock markets rallied. The institutional investor held 28,205 shares of the capital goods company at the end of 2017Q2, valued at $327,000, down from 57,363 at the end of the previous reported quarter. Zpr Investment Management who had been investing in Gulf Island Fabrication Inc for a number of months, seems to be less bullish one the $180.26M market cap company. The stock declined 0.41% or $0.05 reaching $12.1 per share. About 1,066 shares traded. Gulf Island Fabrication, Inc. (NASDAQ:GIFI) has risen 43.64% since November 15, 2016 and is uptrending. It has outperformed by 26.94% the S&P500.

Veritas Investment Management Uk Ltd decreased its stake in Taiwan Semiconductor (TSM) by 64.4% based on its latest 2017Q2 regulatory filing with the SEC. Veritas Investment Management Uk Ltd sold 348,582 shares as the company’s stock rose 8.84% with the market. The institutional investor held 192,680 shares of the semiconductors company at the end of 2017Q2, valued at $6.74M, down from 541,262 at the end of the previous reported quarter. Veritas Investment Management Uk Ltd who had been investing in Taiwan Semiconductor for a number of months, seems to be less bullish one the $204.23 billion market cap company. The stock declined 0.98% or $0.41 reaching $41.45 per share. About 830,135 shares traded. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has risen 51.40% since November 15, 2016 and is uptrending. It has outperformed by 34.70% the S&P500.

Zpr Investment Management, which manages about $201.53 million and $65.31M US Long portfolio, upped its stake in Tower Intl Inc (NYSE:TOWR) by 43,177 shares to 96,883 shares, valued at $2.18M in 2017Q2, according to the filing. It also increased its holding in Matrix Svc Co (NASDAQ:MTRX) by 53,210 shares in the quarter, for a total of 134,505 shares, and has risen its stake in Spirit Aerosystems Hldgs Inc (NYSE:SPR).

More notable recent Gulf Island Fabrication, Inc. (NASDAQ:GIFI) news were published by: Seekingalpha.com which released: “Flush With Cash And Growing Backlog, Gulf Island Fabrication Positioned For …” on June 21, 2017, also Seekingalpha.com with their article: “Gulf Island Fabrication’s (GIFI) CEO Kirk Meche on Q4 2016 Results – Earnings …” published on February 24, 2017, Seekingalpha.com published: “Gulf Island Fabrication’s CEO Kirk Meche on Q2 2017 Results – Earnings Call …” on July 28, 2017. More interesting news about Gulf Island Fabrication, Inc. (NASDAQ:GIFI) were released by: Nasdaq.com and their article: “Gulf Island Fabrication, Inc. (GIFI) Ex-Dividend Date Scheduled for November …” published on November 08, 2017 as well as Seekingalpha.com‘s news article titled: “Gulf Island Fabrication’s (GIFI) CEO Kirk Meche on Q3 2017 Results – Earnings …” with publication date: October 27, 2017.

Analysts await Gulf Island Fabrication, Inc. (NASDAQ:GIFI) to report earnings on February, 22.

Investors sentiment decreased to 1.38 in Q2 2017. Its down 0.30, from 1.68 in 2017Q1. It worsened, as 11 investors sold GIFI shares while 23 reduced holdings. 15 funds opened positions while 32 raised stakes. 9.34 million shares or 0.89% more from 9.25 million shares in 2017Q1 were reported. California Pub Employees Retirement System accumulated 0% or 59,900 shares. Ariel Ltd Liability has 0.08% invested in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 590,771 shares. Deutsche Bank & Trust Ag, a Germany-based fund reported 51,510 shares. Schwab Charles Investment Inc has invested 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Morgan Stanley has invested 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Teachers Retirement Of The State Of Kentucky has 0% invested in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 9,200 shares. Parametric Associates Limited Com reported 30,283 shares. Ameritas Investment Partners, Nebraska-based fund reported 1,199 shares. 15,594 are owned by Tfs Capital Ltd Co. Wedge Mngmt L LP Nc accumulated 135,741 shares or 0.02% of the stock. Ls Ltd Liability Company invested 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Us Financial Bank De owns 31,008 shares or 0% of their US portfolio. Comerica Savings Bank, Michigan-based fund reported 14,264 shares. Wells Fargo And Commerce Mn owns 4 shares for 0% of their portfolio. Ancora Advisors Limited Liability Company reported 89,277 shares.

Veritas Investment Management Uk Ltd, which manages about $260.17M US Long portfolio, upped its stake in Laboratory Corp America Holdings (NYSE:LH) by 42,470 shares to 46,210 shares, valued at $7.12 million in 2017Q2, according to the filing.

Analysts await Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) to report earnings on January, 11. They expect $0.61 EPS, 0.00% or $0.00 from last year’s $0.61 per share. TSM’s profit will be $3.01B for 16.99 P/E if the $0.61 EPS becomes a reality. After $0.57 actual EPS reported by Taiwan Semiconductor Mfg. Co. Ltd. (ADR) for the previous quarter, Wall Street now forecasts 7.02% EPS growth.

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