Franklin Resources Inc. Sells 79,164 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

Franklin Resources Inc. lessened its holdings in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 86.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,297 shares of the company's stock after selling 79,164 shares during the period. Franklin Resources Inc.'s holdings in Liberty Latin America were worth $78,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. KBC Group NV lifted its stake in shares of Liberty Latin America by 62.5% in the fourth quarter. KBC Group NV now owns 11,879 shares of the company's stock worth $75,000 after buying an additional 4,571 shares during the last quarter. Principal Financial Group Inc. lifted its position in Liberty Latin America by 8.0% during the 4th quarter. Principal Financial Group Inc. now owns 68,880 shares of the company's stock worth $437,000 after acquiring an additional 5,109 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in Liberty Latin America during the 4th quarter worth $41,000. Sterneck Capital Management LLC boosted its holdings in Liberty Latin America by 14.8% during the fourth quarter. Sterneck Capital Management LLC now owns 72,408 shares of the company's stock valued at $459,000 after acquiring an additional 9,361 shares during the period. Finally, Bleakley Financial Group LLC acquired a new stake in shares of Liberty Latin America in the fourth quarter valued at about $65,000. 52.98% of the stock is currently owned by institutional investors.

Liberty Latin America Price Performance

Shares of NASDAQ:LILAK opened at $5.36 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The business has a 50 day moving average price of $6.37 and a 200 day moving average price of $7.09. The company has a market cap of $1.06 billion, a price-to-earnings ratio of -1.60 and a beta of 0.83. Liberty Latin America Ltd. has a twelve month low of $5.10 and a twelve month high of $10.93.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($1.05). The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%.

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.

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