Norges Bank Invests $3.13 Million in Liberty Latin America Ltd. (NASDAQ:LILAK)

Norges Bank bought a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 494,320 shares of the company's stock, valued at approximately $3,134,000. Norges Bank owned about 0.25% of Liberty Latin America at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Verition Fund Management LLC acquired a new stake in shares of Liberty Latin America in the third quarter valued at about $187,000. Quantinno Capital Management LP acquired a new position in shares of Liberty Latin America during the 3rd quarter worth approximately $125,000. State Street Corp raised its stake in shares of Liberty Latin America by 0.4% during the 3rd quarter. State Street Corp now owns 3,290,866 shares of the company's stock worth $31,230,000 after purchasing an additional 11,510 shares in the last quarter. Barclays PLC boosted its holdings in shares of Liberty Latin America by 55.8% in the 3rd quarter. Barclays PLC now owns 200,249 shares of the company's stock valued at $1,900,000 after buying an additional 71,734 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Liberty Latin America by 1.2% during the third quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company's stock worth $32,073,000 after buying an additional 39,711 shares during the last quarter. 52.98% of the stock is owned by institutional investors.

Liberty Latin America Stock Performance

Shares of Liberty Latin America stock traded up $0.06 during trading on Wednesday, hitting $5.30. 99,033 shares of the stock were exchanged, compared to its average volume of 895,606. Liberty Latin America Ltd. has a 1-year low of $5.10 and a 1-year high of $10.93. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of -1.59 and a beta of 0.83. The company has a fifty day moving average price of $6.45 and a 200-day moving average price of $7.17. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($1.05). The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

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.