Liberty Latin America Ltd. (NASDAQ:LILA) Stock Holdings Trimmed by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its position in Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 81.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,309 shares of the company's stock after selling 222,794 shares during the period. Arrowstreet Capital Limited Partnership's holdings in Liberty Latin America were worth $333,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. UMB Bank n.a. boosted its stake in Liberty Latin America by 2,129.7% during the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company's stock valued at $1,077,000 after acquiring an additional 161,817 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Latin America in the 4th quarter valued at about $753,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Liberty Latin America by 143.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,857 shares of the company's stock worth $890,000 after purchasing an additional 54,787 shares during the last quarter. Barclays PLC grew its stake in Liberty Latin America by 81.6% in the third quarter. Barclays PLC now owns 70,419 shares of the company's stock worth $675,000 after purchasing an additional 31,642 shares in the last quarter. Finally, ABC Arbitrage SA acquired a new stake in Liberty Latin America during the fourth quarter valued at approximately $136,000. 18.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Barclays lowered Liberty Latin America from an "equal weight" rating to an "underweight" rating and decreased their target price for the stock from $8.00 to $6.50 in a research report on Tuesday, February 25th.

Liberty Latin America Stock Performance

Shares of Liberty Latin America stock traded up $0.20 during trading hours on Friday, reaching $5.36. The company's stock had a trading volume of 283,961 shares, compared to its average volume of 343,978. Liberty Latin America Ltd. has a one year low of $5.13 and a one year high of $10.82. The company's 50 day simple moving average is $6.45 and its 200 day simple moving average is $7.19. The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04. The stock has a market cap of $1.06 billion, a P/E ratio of -1.60 and a beta of 0.85.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. As a group, analysts expect that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Liberty Latin America Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.