JPMorgan Chase & Co. Decreases Stock Position in Liberty Latin America Ltd. (NASDAQ:LILA)

JPMorgan Chase & Co. lowered its stake in Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 97.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,501 shares of the company's stock after selling 9,821,348 shares during the quarter. JPMorgan Chase & Co. owned 0.16% of Liberty Latin America worth $2,937,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Intech Investment Management LLC acquired a new position in shares of Liberty Latin America during the third quarter worth approximately $104,000. SG Americas Securities LLC bought a new position in shares of Liberty Latin America in the third quarter valued at $120,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Liberty Latin America during the third quarter valued at about $163,000. XTX Topco Ltd increased its position in shares of Liberty Latin America by 78.2% during the second quarter. XTX Topco Ltd now owns 20,614 shares of the company's stock worth $198,000 after acquiring an additional 9,045 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Liberty Latin America by 48.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company's stock worth $205,000 after acquiring an additional 6,999 shares during the last quarter. Institutional investors and hedge funds own 18.48% of the company's stock.

Liberty Latin America Stock Up 1.2 %

LILA stock traded up $0.08 during mid-day trading on Monday, reaching $6.70. 345,976 shares of the company traded hands, compared to its average volume of 291,915. 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 firm's 50 day moving average price is $6.69 and its 200 day moving average price is $8.60. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of -2.29 and a beta of 1.04. Liberty Latin America Ltd. has a fifty-two week low of $5.90 and a fifty-two week high of $10.81.

Insider Buying and Selling

In other Liberty Latin America news, Director Brendan J. Paddick purchased 5,053 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average cost of $6.93 per share, with a total value of $35,017.29. Following the completion of the transaction, the director now owns 1,343,021 shares of the company's stock, valued at $9,307,135.53. The trade was a 0.38 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last 90 days, insiders purchased 156,298 shares of company stock worth $1,043,886. 11.35% of the stock is owned by corporate insiders.

About Liberty Latin America

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.