Charles Schwab Investment Management Inc. Raises Holdings in Southland Holdings, Inc. (NASDAQ:SLND)

Charles Schwab Investment Management Inc. grew its holdings in Southland Holdings, Inc. (NASDAQ:SLND) by 43.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,913 shares of the company’s stock after purchasing an additional 24,681 shares during the period. Charles Schwab Investment Management Inc. owned about 0.17% of Southland worth $263,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of Southland in the third quarter worth approximately $72,000. Barclays PLC grew its position in Southland by 214.0% in the 3rd quarter. Barclays PLC now owns 13,623 shares of the company’s stock worth $50,000 after purchasing an additional 9,284 shares during the period. Geode Capital Management LLC raised its stake in Southland by 10.4% during the 3rd 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 during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Southland by 212.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,191 shares of the company’s stock valued at $71,000 after buying an additional 13,043 shares during the period. Finally, Verus Capital Partners LLC boosted its stake in shares of Southland by 573.9% in 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 during the last quarter. Hedge funds and other institutional investors own 2.85% of the company’s stock.

Southland Stock Down 0.7 %

SLND opened at $2.97 on Wednesday. The firm’s 50 day simple moving average is $3.21 and its two-hundred day simple moving average is $3.32. The company has a market capitalization of $160.34 million, a PE ratio of -1.33 and a beta of 0.68. Southland Holdings, Inc. has a 1-year low of $1.85 and a 1-year high of $5.98. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 2.00.

Southland 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.