Renaissance Technologies LLC Raises Stock Holdings in Southland Holdings, Inc. (NASDAQ:SLND)

Renaissance Technologies LLC raised its stake in Southland Holdings, Inc. (NASDAQ:SLND) by 111.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,200 shares of the company’s stock after purchasing an additional 16,999 shares during the period. Renaissance Technologies LLC owned 0.07% of Southland worth $147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Rhumbline Advisers grew its position in shares of Southland by 125.3% in the 2nd quarter. Rhumbline Advisers now owns 9,209 shares of the company’s stock worth $42,000 after buying an additional 5,122 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new stake in shares of Southland during the 1st quarter valued at $52,000. Bank of New York Mellon Corp purchased a new stake in shares of Southland during the 2nd quarter valued at $99,000. Kennedy Capital Management LLC boosted its position in shares of Southland by 62.9% in the 1st quarter. Kennedy Capital Management LLC now owns 71,781 shares of the company’s stock worth $370,000 after purchasing an additional 27,713 shares in the last quarter. Finally, Tectonic Advisors LLC grew its stake in Southland by 3.1% during the 1st quarter. Tectonic Advisors LLC now owns 90,958 shares of the company’s stock worth $468,000 after buying an additional 2,708 shares during the last quarter. 2.85% of the stock is currently owned by institutional investors.

Southland Trading Up 6.1 %

Southland stock opened at $3.82 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.27 and a current ratio of 1.27. The stock has a market cap of $183.78 million, a PE ratio of -3.78 and a beta of 0.54. The stock has a 50-day moving average of $3.78 and a two-hundred day moving average of $4.40. Southland Holdings, Inc. has a one year low of $3.20 and a one year high of $6.63.

Southland (NASDAQ:SLND) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.96) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.98). The company had revenue of $251.51 million during the quarter. Southland had a negative net margin of 4.13% and a negative return on equity of 19.24%.

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.