Brendan J. Paddick Purchases 31,989 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) Director Brendan J. Paddick purchased 31,989 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of $6.20 per share, with a total value of $198,331.80. Following the completion of the purchase, the director now directly owns 1,419,507 shares of the company's stock, valued at $8,800,943.40. The trade was a 2.31 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Liberty Latin America Trading Down 1.6 %

Shares of NASDAQ LILA traded down $0.10 during mid-day trading on Monday, hitting $6.16. The stock had a trading volume of 602,903 shares, compared to its average volume of 370,077. The business has a 50 day moving average price of $7.91 and a two-hundred day moving average price of $8.92. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year high of $10.81. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $1.21 billion, a P/E ratio of -2.10 and a beta of 1.04.

Hedge Funds Weigh In On Liberty Latin America

Hedge funds have recently modified their holdings of the company. FMR LLC grew its stake in shares of Liberty Latin America by 60,327.0% in the third quarter. FMR LLC now owns 2,160,869 shares of the company's stock worth $20,701,000 after purchasing an additional 2,157,293 shares during the last quarter. Banco Santander S.A. grew its position in shares of Liberty Latin America by 47.8% in the 3rd quarter. Banco Santander S.A. now owns 800,000 shares of the company's stock worth $7,664,000 after buying an additional 258,631 shares during the last quarter. Virtu Financial LLC grew its position in shares of Liberty Latin America by 173.1% in the 2nd quarter. Virtu Financial LLC now owns 332,077 shares of the company's stock worth $3,191,000 after buying an additional 210,483 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of Liberty Latin America by 0.9% during the second quarter. Mackenzie Financial Corp now owns 230,571 shares of the company's stock valued at $2,216,000 after buying an additional 2,007 shares during the period. Finally, State of New Jersey Common Pension Fund D bought a new position in shares of Liberty Latin America during the second quarter valued at approximately $2,073,000. Hedge funds and other institutional investors own 18.48% of the company's stock.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered Liberty Latin America from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 4th.

Liberty Latin America Company 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.