Kennedy Capital Management LLC Sells 8,618 Shares of Southland Holdings, Inc. (NASDAQ:SLND)

Kennedy Capital Management LLC lessened its holdings in shares of Southland Holdings, Inc. (NASDAQ:SLND) by 19.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,042 shares of the company’s stock after selling 8,618 shares during the quarter. Kennedy Capital Management LLC owned about 0.07% of Southland worth $117,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SLND. Raymond James Financial Inc. bought a new position in Southland in the 4th quarter worth approximately $4,157,000. Verus Capital Partners LLC lifted its position in shares of Southland by 573.9% during the fourth quarter. Verus Capital Partners LLC now owns 626,684 shares of the company’s stock worth $2,037,000 after acquiring an additional 533,684 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Southland by 10.4% in the third quarter. Geode Capital Management LLC now owns 199,235 shares of the company’s stock worth $737,000 after acquiring an additional 18,799 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Southland by 43.9% in the fourth 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 in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Southland by 102.6% during the 4th quarter. JPMorgan Chase & Co. now owns 38,885 shares of the company’s stock valued at $126,000 after purchasing an additional 19,694 shares during the period. Hedge funds and other institutional investors own 2.85% of the company’s stock.

Southland Stock Down 4.1 %

Shares of NASDAQ SLND opened at $3.04 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.00. The company has a market cap of $164.12 million, a P/E ratio of -1.36 and a beta of 0.71. Southland Holdings, Inc. has a 52 week low of $1.85 and a 52 week high of $5.98. The business has a 50-day simple moving average of $3.17 and a two-hundred day simple moving average of $3.27.

Southland Company Profile

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.