's stock had its "neutral" rating reaffirmed by investment analysts at DA Davidson in a research report issued on Tuesday,
Benzinga reports. They currently have a $4.00 target price on the stock. DA Davidson's price objective would indicate a potential upside of 2.04% from the company's current price.
Southland Stock Down 1.5%
SLND stock opened at $3.92 on Tuesday. The company has a market cap of $212.12 million, a P/E ratio of -1.75 and a beta of 0.94. 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's 50-day moving average price is $4.26 and its 200 day moving average price is $3.65. Southland has a 52 week low of $1.85 and a 52 week high of $4.90.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new stake in Southland during the fourth quarter valued at about $40,000. Nuveen LLC acquired a new position in shares of Southland during the first quarter worth about $39,000. AQR Capital Management LLC purchased a new stake in shares of Southland in the first quarter worth about $42,000. Rhumbline Advisers raised its holdings in shares of Southland by 49.3% during the 1st quarter. Rhumbline Advisers now owns 14,080 shares of the company's stock valued at $42,000 after buying an additional 4,649 shares during the period. Finally, Thompson Davis & CO. Inc. boosted its holdings in Southland by 40.0% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 17,500 shares of the company's stock worth $73,000 after acquiring an additional 5,000 shares during the period. Hedge funds and other institutional investors own 2.85% of the company's stock.
About Southland
(
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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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