Raymond James Financial Inc. acquired a new position in shares of Southland Holdings, Inc. (NASDAQ:SLND - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,278,984 shares of the company's stock, valued at approximately $4,157,000. Raymond James Financial Inc. owned about 2.66% of Southland at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SLND. Verus Capital Partners LLC raised its holdings in shares of Southland by 573.9% in the fourth quarter. Verus Capital Partners LLC now owns 626,684 shares of the company's stock worth $2,037,000 after acquiring an additional 533,684 shares during the last quarter. Geode Capital Management LLC increased its position in Southland by 10.4% during the 3rd quarter. Geode Capital Management LLC now owns 199,235 shares of the company's stock worth $737,000 after purchasing an additional 18,799 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Southland by 43.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 80,913 shares of the company's stock valued at $263,000 after purchasing an additional 24,681 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc purchased a new position in Southland in the 3rd quarter valued at about $72,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Southland by 212.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,191 shares of the company's stock worth $71,000 after purchasing an additional 13,043 shares during the last quarter. Hedge funds and other institutional investors own 2.85% of the company's stock.
Southland Trading Down 2.5 %
Shares of NASDAQ:SLND traded down $0.08 during trading on Friday, reaching $3.12. The stock had a trading volume of 35,753 shares, compared to its average volume of 47,010. Southland Holdings, Inc. has a fifty-two week low of $1.85 and a fifty-two week high of $5.98. The business has a fifty day moving average price of $3.23 and a 200-day moving average price of $3.33. The stock has a market cap of $168.44 million, a P/E ratio of -1.40 and a beta of 0.68. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.00.
About Southland
(
Free Report)
Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling.
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