Southland Holdings, Inc. (NASDAQ:SLND) Holdings Decreased by Palogic Value Management L.P.

Palogic Value Management L.P. cut its stake in Southland Holdings, Inc. (NASDAQ:SLND) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,289,893 shares of the company’s stock after selling 82,010 shares during the quarter. Southland makes up 1.7% of Palogic Value Management L.P.’s portfolio, making the stock its 11th biggest holding. Palogic Value Management L.P. owned 2.68% of Southland worth $4,505,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC boosted its stake in Southland by 214.0% during the 3rd quarter. Barclays PLC now owns 13,623 shares of the company’s stock valued at $50,000 after purchasing an additional 9,284 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Southland by 212.2% in the third quarter. JPMorgan Chase & Co. now owns 19,191 shares of the company’s stock valued at $71,000 after purchasing an additional 13,043 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc bought a new position in Southland in the third quarter valued at about $72,000. WINTON GROUP Ltd acquired a new stake in shares of Southland during the 4th quarter worth approximately $95,000. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of 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 during the last quarter. 2.85% of the stock is owned by hedge funds and other institutional investors.

Southland Stock Performance

SLND stock opened at $3.12 on Friday. The firm has a market cap of $168.44 million, a PE ratio of -1.40 and a beta of 0.68. 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 Holdings, Inc. has a 1-year low of $1.85 and a 1-year high of $5.98. The business’s 50-day moving average price is $3.23 and its two-hundred day moving average price is $3.34.

About Southland

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.