Fifth Third Bancorp bought a new position in Southland Holdings, Inc. (NASDAQ:SLND - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 84,526 shares of the company's stock, valued at approximately $253,000. Fifth Third Bancorp owned 0.16% of Southland at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in SLND. Jane Street Group LLC purchased a new position in Southland during the 4th quarter worth approximately $40,000. Rhumbline Advisers grew its position in Southland by 49.3% during the 1st quarter. Rhumbline Advisers now owns 14,080 shares of the company's stock worth $42,000 after purchasing an additional 4,649 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Southland during the 4th quarter worth approximately $95,000. JPMorgan Chase & Co. grew its position in Southland by 102.6% during 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. Finally, Mariner LLC purchased a new position in Southland during the 4th quarter worth approximately $141,000. 2.85% of the stock is currently owned by institutional investors and hedge funds.
Southland Trading Down 2.5%
NASDAQ SLND traded down $0.10 on Friday, hitting $3.87. 77,162 shares of the stock were exchanged, compared to its average volume of 48,977. Southland Holdings, Inc. has a 52-week low of $1.85 and a 52-week high of $5.14. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.48 and a quick ratio of 1.48. The company has a market capitalization of $208.85 million, a price-to-earnings ratio of -1.74 and a beta of 0.88. The company's 50-day moving average price is $3.58 and its two-hundred day moving average price is $3.37.
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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