MassMutual Private Wealth & Trust FSB acquired a new stake in Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 118,474 shares of the company's stock, valued at approximately $753,000. MassMutual Private Wealth & Trust FSB owned about 0.06% of Liberty Latin America at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Intech Investment Management LLC purchased a new position in Liberty Latin America during the third quarter worth approximately $104,000. SG Americas Securities LLC acquired a new stake in Liberty Latin America in the 3rd quarter valued at $120,000. Wilmington Savings Fund Society FSB purchased a new stake in Liberty Latin America in the 3rd quarter worth $163,000. XTX Topco Ltd raised its position in 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 during the period. Finally, BNP Paribas Financial Markets lifted its holdings in Liberty Latin America by 48.6% during the third quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company's stock valued at $205,000 after purchasing an additional 6,999 shares in the last quarter. Institutional investors and hedge funds own 18.48% of the company's stock.
Insider Buying and Selling at Liberty Latin America
In other Liberty Latin America news, Director Brendan J. Paddick acquired 35,475 shares of the business's stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of $7.04 per share, with a total value of $249,744.00. Following the transaction, the director now owns 1,273,443 shares of the company's stock, valued at $8,965,038.72. This trade represents a 2.87 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last quarter, insiders acquired 156,298 shares of company stock worth $1,043,886. Insiders own 11.35% of the company's stock.
Liberty Latin America Price Performance
Shares of LILA traded down $0.05 during mid-day trading on Wednesday, hitting $6.90. 207,700 shares of the company were exchanged, compared to its average volume of 300,413. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $10.81. The company has a 50 day moving average of $6.68 and a 200-day moving average of $8.57. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of -2.35 and a beta of 1.04.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last announced 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, compared to analysts' expectations of $1.11 billion. Liberty Latin America had a negative net margin of 13.02% and a negative return on equity of 27.22%. During the same quarter in the previous year, the business posted $0.29 EPS. Analysts expect that Liberty Latin America Ltd. will post -2.43 EPS for the current fiscal year.
Liberty Latin America Profile
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Free Report)
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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