Kennedy Capital Management LLC Grows Stock Position in Southland Holdings, Inc. (NASDAQ:SLND)

Kennedy Capital Management LLC boosted its stake in Southland Holdings, Inc. (NASDAQ:SLND) by 62.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,781 shares of the company’s stock after acquiring an additional 27,713 shares during the quarter. Kennedy Capital Management LLC owned about 0.15% of Southland worth $370,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its holdings in Southland by 334.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,277 shares of the company’s stock worth $27,000 after acquiring an additional 4,061 shares during the period. Tectonic Advisors LLC boosted its holdings in Southland by 3.1% in the 1st quarter. Tectonic Advisors LLC now owns 90,958 shares of the company’s stock worth $468,000 after acquiring an additional 2,708 shares during the period. Finally, Thompson Davis & CO. Inc. purchased a new position in Southland in the 1st quarter worth approximately $52,000. Hedge funds and other institutional investors own 2.85% of the company’s stock.

Southland Stock Performance

NASDAQ SLND opened at $3.80 on Friday. The business has a 50 day moving average price of $4.71 and a two-hundred day moving average price of $4.80. Southland Holdings, Inc. has a fifty-two week low of $3.65 and a fifty-two week high of $8.65. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.60 and a current ratio of 1.60.

Southland (NASDAQ:SLND) last announced its earnings results on Monday, May 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. Southland had a negative net margin of 1.28% and a negative return on equity of 14.31%. The business had revenue of $288.10 million during the quarter.

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.