Raymond James Financial Inc. bought a new position in Southland Holdings, Inc. (NASDAQ:SLND - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 quarter.
Other large investors have also recently added to or reduced their stakes in the company. Verus Capital Partners LLC raised its position in shares of 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 buying an additional 533,684 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Southland in the 4th quarter valued at $95,000. Charles Schwab Investment Management Inc. increased 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 worth $263,000 after purchasing an additional 24,681 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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 buying an additional 19,694 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Southland by 10.4% during the third quarter. Geode Capital Management LLC now owns 199,235 shares of the company's stock valued at $737,000 after buying an additional 18,799 shares in the last quarter. 2.85% of the stock is currently owned by institutional investors and hedge funds.
Southland Trading Down 1.1 %
Southland stock traded down $0.04 during midday trading on Friday, reaching $3.27. The stock had a trading volume of 2,821 shares, compared to its average volume of 46,980. Southland Holdings, Inc. has a twelve month low of $1.85 and a twelve month high of $5.98. 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 firm has a market cap of $176.20 million, a price-to-earnings ratio of -1.46 and a beta of 0.71. The firm's fifty day simple moving average is $3.18 and its two-hundred day simple moving average is $3.23.
Southland Profile
(
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.
Featured Articles
Before you consider Southland, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southland wasn't on the list.
While Southland currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
