Short Interest in Liberty Latin America Ltd. (NASDAQ:LILA) Declines By 12.0%

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 877,300 shares, a decline of 12.0% from the January 31st total of 996,500 shares. Currently, 2.7% of the shares of the company are sold short. Based on an average trading volume of 397,900 shares, the short-interest ratio is presently 2.2 days.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and decreased their target price for the company from $8.00 to $6.50 in a research note on Tuesday, February 25th.

Insider Buying and Selling at Liberty Latin America

In other news, Director Brendan J. Paddick bought 18,011 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of $6.12 per share, for a total transaction of $110,227.32. Following the purchase, the director now directly owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.35% of the company's stock.

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Institutional Investors Weigh In On Liberty Latin America

Large investors have recently modified their holdings of the business. KLP Kapitalforvaltning AS purchased a new stake in shares of Liberty Latin America during the fourth quarter worth $37,000. EntryPoint Capital LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter worth $69,000. Intech Investment Management LLC purchased a new stake in shares of Liberty Latin America during the third quarter worth $104,000. Marshall Wace LLP purchased a new stake in shares of Liberty Latin America during the fourth quarter worth $77,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Liberty Latin America by 12.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,503 shares of the company's stock worth $80,000 after buying an additional 1,422 shares in the last quarter. Hedge funds and other institutional investors own 18.48% of the company's stock.

Liberty Latin America Price Performance

NASDAQ LILA traded up $0.01 on Friday, hitting $6.89. The company had a trading volume of 416,274 shares, compared to its average volume of 376,019. The company has a market capitalization of $1.36 billion, a PE ratio of -2.06 and a beta of 1.01. The company's fifty day moving average price is $6.72 and its 200-day moving average price is $7.90. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.04 and a quick ratio of 1.06. Liberty Latin America has a 12-month low of $5.94 and a 12-month high of $10.82.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter. The company had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.15 billion. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. As a group, analysts predict that Liberty Latin America will post -0.22 earnings per share for the current year.

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.