Liberty Latin America Ltd. (NASDAQ:LILAK) Shares Purchased by UMB Bank n.a.

UMB Bank n.a. raised its holdings in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 970.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 282,937 shares of the company's stock after buying an additional 256,504 shares during the period. UMB Bank n.a. owned approximately 0.14% of Liberty Latin America worth $1,794,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. nVerses Capital LLC acquired a new stake in Liberty Latin America in the third quarter valued at approximately $55,000. Algert Global LLC acquired a new stake in shares of Liberty Latin America in the 2nd quarter valued at $126,000. Quantinno Capital Management LP purchased a new stake in shares of Liberty Latin America during the 3rd quarter worth $125,000. Verition Fund Management LLC acquired a new position in shares of Liberty Latin America during the third quarter worth $187,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Liberty Latin America in the third quarter valued at $209,000. Institutional investors and hedge funds own 52.98% of the company's stock.

Insider Activity

In related news, Director Brendan J. Paddick acquired 5,053 shares of the company's stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the transaction, the director now owns 1,343,021 shares in the company, valued at $9,307,135.53. This trade represents a 0.38 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have acquired 156,298 shares of company stock worth $1,043,886 over the last ninety days. 9.66% of the stock is currently owned by insiders.

Liberty Latin America Price Performance

Shares of NASDAQ LILAK traded up $0.21 during midday trading on Tuesday, hitting $6.87. The company had a trading volume of 606,165 shares, compared to its average volume of 668,472. 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 simple moving average of $6.64 and a two-hundred day simple moving average of $8.54. Liberty Latin America Ltd. has a twelve month low of $5.95 and a twelve month high of $10.93. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of -2.34 and a beta of 1.04.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported ($2.22) earnings per share for the quarter. The firm had revenue of $1.09 billion during the quarter. Liberty Latin America had a negative net margin of 13.02% and a negative return on equity of 27.22%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LILAK. Scotiabank lowered their target price on shares of Liberty Latin America from $9.40 to $8.30 and set a "sector outperform" rating for the company in a report on Friday, November 8th. The Goldman Sachs Group decreased their price objective on shares of Liberty Latin America from $10.50 to $7.50 and set a "neutral" rating for the company in a research note on Wednesday, December 4th.

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.