Segall Bryant & Hamill LLC purchased a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 109,741 shares of the company's stock, valued at approximately $1,041,000. Segall Bryant & Hamill LLC owned 0.06% of Liberty Latin America as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. ProShare Advisors LLC lifted its position in Liberty Latin America by 8.5% during the first quarter. ProShare Advisors LLC now owns 24,721 shares of the company's stock valued at $173,000 after buying an additional 1,944 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Liberty Latin America by 29.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,691 shares of the company's stock valued at $132,000 after purchasing an additional 3,150 shares in the last quarter. Principal Financial Group Inc. raised its position in Liberty Latin America by 6.7% in the second quarter. Principal Financial Group Inc. now owns 66,269 shares of the company's stock valued at $638,000 after purchasing an additional 4,180 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Liberty Latin America by 4.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 110,116 shares of the company's stock worth $770,000 after buying an additional 4,487 shares during the period. Finally, nVerses Capital LLC acquired a new stake in shares of Liberty Latin America in the third quarter valued at about $55,000. Institutional investors and hedge funds own 52.98% of the company's stock.
Analysts Set New Price Targets
LILAK has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Liberty Latin America from a "buy" rating to a "hold" rating in a report on Thursday, August 15th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $10.50 target price (up from $9.30) on shares of Liberty Latin America in a research report on Wednesday, September 4th. Scotiabank lowered their price objective on Liberty Latin America from $9.40 to $8.30 and set a "sector outperform" rating for the company in a research note on Friday, November 8th. Finally, Pivotal Research dropped their price objective on Liberty Latin America from $18.00 to $15.00 and set a "buy" rating on the stock in a report on Monday, August 12th.
Get Our Latest Report on LILAK
Liberty Latin America Stock Performance
Shares of NASDAQ:LILAK traded up $0.07 on Friday, hitting $7.04. The company's stock had a trading volume of 658,270 shares, compared to its average volume of 852,187. Liberty Latin America Ltd. has a 12 month low of $5.95 and a 12 month high of $10.93. The stock's 50-day moving average is $9.00 and its two-hundred day moving average is $9.18. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of -2.40 and a beta of 1.12.
About Liberty Latin America
(
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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