Edgestream Partners L.P. acquired a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 501,088 shares of the company's stock, valued at approximately $3,177,000. Edgestream Partners L.P. owned approximately 0.25% of Liberty Latin America as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently bought and sold shares of the company. Bleakley Financial Group LLC bought a new stake in shares of Liberty Latin America during the fourth quarter worth approximately $65,000. Sargent Investment Group LLC acquired a new position in shares of Liberty Latin America in the 4th quarter valued at $69,000. KBC Group NV grew its stake in shares of Liberty Latin America by 62.5% during the fourth quarter. KBC Group NV now owns 11,879 shares of the company's stock worth $75,000 after purchasing an additional 4,571 shares during the period. MassMutual Private Wealth & Trust FSB bought a new stake in Liberty Latin America in the fourth quarter valued at about $94,000. Finally, Quantinno Capital Management LP acquired a new position in Liberty Latin America in the third quarter valued at about $125,000. 52.98% of the stock is currently owned by institutional investors.
Liberty Latin America Stock Down 0.5 %
LILAK stock traded down $0.03 during trading hours on Wednesday, reaching $6.57. 586,812 shares of the stock were exchanged, compared to its average volume of 849,979. The company has a market cap of $1.29 billion, a price-to-earnings ratio of -1.97 and a beta of 1.01. The firm's 50-day moving average is $6.69 and its 200-day moving average is $7.78. Liberty Latin America Ltd. has a 12 month low of $5.88 and a 12 month high of $10.93. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06.
Liberty Latin America (NASDAQ:LILAK - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($1.05). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion.
Analyst Ratings Changes
Separately, The Goldman Sachs Group decreased their price objective on Liberty Latin America from $10.50 to $7.50 and set a "neutral" rating for the company in a research report on Wednesday, December 4th.
Check Out Our Latest Analysis on Liberty Latin America
Insider Buying and Selling
In related news, Director Brendan J. Paddick acquired 18,011 shares of the business's stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of $6.12 per share, with a total value of $110,227.32. Following the acquisition, the director now owns 1,437,518 shares in the company, valued at $8,797,610.16. This represents a 1.27 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 9.66% of the stock is currently owned by corporate insiders.
Liberty Latin America Company Profile
(
Free Report)
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.
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