GSA Capital Partners LLP Sells 97,764 Shares of Liberty Latin America Ltd. (NASDAQ:LILA)

GSA Capital Partners LLP lessened its stake in shares of Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 76.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 30,571 shares of the company's stock after selling 97,764 shares during the quarter. GSA Capital Partners LLP's holdings in Liberty Latin America were worth $293,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets grew its position in Liberty Latin America by 80.8% in the first quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company's stock valued at $117,000 after acquiring an additional 7,494 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Liberty Latin America by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 1,294,672 shares of the company's stock valued at $9,024,000 after acquiring an additional 24,840 shares during the period. Gamco Investors INC. ET AL boosted its position in shares of Liberty Latin America by 21.3% during the 1st quarter. Gamco Investors INC. ET AL now owns 465,241 shares of the company's stock worth $3,243,000 after purchasing an additional 81,627 shares in the last quarter. Lazard Asset Management LLC grew its stake in Liberty Latin America by 186.5% in the first quarter. Lazard Asset Management LLC now owns 29,716 shares of the company's stock valued at $206,000 after acquiring an additional 19,345 shares during the period. Finally, Virtu Financial LLC grew its position in Liberty Latin America by 7.7% in the 1st quarter. Virtu Financial LLC now owns 121,594 shares of the company's stock valued at $848,000 after purchasing an additional 8,730 shares during the period. Institutional investors and hedge funds own 18.48% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of Liberty Latin America from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 4th.

Liberty Latin America Price Performance

NASDAQ:LILA traded up $0.07 during trading hours on Friday, hitting $7.11. The stock had a trading volume of 338,649 shares, compared to its average volume of 357,999. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -2.43 and a beta of 1.12. Liberty Latin America Ltd. has a one year low of $5.90 and a one year high of $10.81. The company has a 50 day simple moving average of $9.10 and a two-hundred day simple moving average of $9.19. 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 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.