Northern Trust Corp Acquires 23,565 Shares of Southland Holdings, Inc. (NASDAQ:SLND)

Northern Trust Corp increased its position in shares of Southland Holdings, Inc. (NASDAQ:SLND) by 31.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 98,454 shares of the company’s stock after buying an additional 23,565 shares during the quarter. Northern Trust Corp owned 0.20% of Southland worth $320,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Southland during the fourth quarter worth about $4,157,000. Verus Capital Partners LLC grew its holdings 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 buying an additional 533,684 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Southland by 43.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 80,913 shares of the company’s stock worth $263,000 after buying an additional 24,681 shares in the last quarter. Mariner LLC bought a new position in shares of Southland during the fourth quarter worth about $141,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Southland by 102.6% during the fourth quarter. JPMorgan Chase & Co. now owns 38,885 shares of the company’s stock worth $126,000 after buying an additional 19,694 shares in the last quarter. 2.85% of the stock is currently owned by institutional investors.

Southland Stock Up 2.9%

NASDAQ:SLND opened at $3.88 on Monday. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market cap of $209.39 million, a PE ratio of -1.74 and a beta of 0.63. Southland Holdings, Inc. has a 52-week low of $1.85 and a 52-week high of $5.95. The stock has a 50-day simple moving average of $3.33 and a 200 day simple moving average of $3.29.

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.