Palogic Value Management L.P. reduced its position in Southland Holdings, Inc. (NASDAQ:SLND - Free Report) by 6.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,289,893 shares of the company's stock after selling 82,010 shares during the quarter. Southland makes up about 1.7% of Palogic Value Management L.P.'s holdings, making the stock its 11th largest position. Palogic Value Management L.P. owned about 2.68% of Southland worth $4,505,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of Southland by 102.6% in the fourth quarter. JPMorgan Chase & Co. now owns 38,885 shares of the company's stock worth $126,000 after purchasing an additional 19,694 shares in the last quarter. WINTON GROUP Ltd bought a new position in Southland in the 4th quarter worth approximately $95,000. Raymond James Financial Inc. purchased a new position in Southland in the 4th quarter valued at approximately $4,157,000. Charles Schwab Investment Management Inc. raised its stake in shares of Southland by 43.9% during 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 period. Finally, Verus Capital Partners LLC lifted its holdings in Southland by 573.9% during the 4th quarter. Verus Capital Partners LLC now owns 626,684 shares of the company's stock worth $2,037,000 after purchasing an additional 533,684 shares in the last quarter. 2.85% of the stock is currently owned by institutional investors.
Southland Price Performance
NASDAQ SLND traded up $0.04 during trading hours on Wednesday, hitting $3.01. The company had a trading volume of 14,575 shares, compared to its average volume of 46,762. The firm has a 50 day simple moving average of $3.21 and a 200 day simple moving average of $3.32. Southland Holdings, Inc. has a 52 week low of $1.85 and a 52 week high of $5.98. The firm has a market capitalization of $162.50 million, a price-to-earnings ratio of -1.35 and a beta of 0.68. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.48 and a current ratio of 1.48.
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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