Rhumbline Advisers boosted its position in Southland Holdings, Inc. (NASDAQ:SLND – Free Report) by 49.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,080 shares of the company’s stock after purchasing an additional 4,649 shares during the quarter. Rhumbline Advisers’ holdings in Southland were worth $42,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Southland during the 4th quarter worth $40,000. WINTON GROUP Ltd acquired a new stake in Southland in the 4th quarter worth about $95,000. JPMorgan Chase & Co. raised its stake in Southland by 102.6% in the 4th 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. Mariner LLC acquired a new position in shares of Southland during the 4th quarter worth approximately $141,000. Finally, Charles Schwab Investment Management Inc. grew its position 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 worth $263,000 after purchasing an additional 24,681 shares in the last quarter. 2.85% of the stock is currently owned by institutional investors.
Southland Stock Up 5.8%
NASDAQ SLND opened at $4.02 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 2.00. The company has a market cap of $216.94 million, a price-to-earnings ratio of -1.80 and a beta of 0.87. The company has a 50 day moving average of $3.64 and a 200-day moving average of $3.39. Southland Holdings, Inc. has a 1-year low of $1.85 and a 1-year high of $4.93.
About Southland
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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