S&CO Inc. lessened its stake in shares of Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,568,058 shares of the company's stock after selling 48,306 shares during the quarter. S&CO Inc. owned 0.80% of Liberty Latin America worth $9,972,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Intech Investment Management LLC bought a new position in shares of Liberty Latin America during the 3rd quarter worth approximately $104,000. SG Americas Securities LLC raised its position in Liberty Latin America by 15.9% in the 4th quarter. SG Americas Securities LLC now owns 14,560 shares of the company's stock valued at $93,000 after purchasing an additional 2,002 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in Liberty Latin America in the 4th quarter valued at $96,000. Wilmington Savings Fund Society FSB bought a new position in Liberty Latin America in the 3rd quarter valued at $163,000. Finally, ABC Arbitrage SA bought a new position in Liberty Latin America in the 4th quarter valued at $136,000. Institutional investors own 18.48% of the company's stock.
Liberty Latin America Trading Down 0.6 %
Shares of LILA stock traded down $0.04 on Friday, reaching $6.69. 176,664 shares of the stock were exchanged, compared to its average volume of 371,800. The stock has a market cap of $1.32 billion, a PE ratio of -2.00 and a beta of 1.01. Liberty Latin America Ltd. has a one year low of $5.94 and a one year high of $10.82. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.04 and a quick ratio of 1.06. The stock has a 50 day moving average price of $6.75 and a 200 day moving average price of $7.83.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.15 billion. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. Equities research analysts forecast that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Brendan J. Paddick acquired 18,011 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average cost of $6.12 per share, with a total value of $110,227.32. Following the completion of 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 11.35% of the stock is owned by insiders.
Analyst Ratings Changes
Separately, Barclays downgraded Liberty Latin America from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $8.00 to $6.50 in a research report on Tuesday, February 25th.
View Our Latest Report on LILA
Liberty Latin America Company Profile
(
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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