Liberty Latin America Ltd. (NASDAQ:LILAK) Director Buys $110,227.32 in Stock

Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick purchased 18,011 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of $6.12 per share, with a total value of $110,227.32. Following the acquisition, the director now owns 1,437,518 shares of the company’s stock, valued at approximately $8,797,610.16. The trade was a 1.27 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Liberty Latin America Trading Down 1.6 %

LILAK traded down $0.10 on Monday, hitting $6.13. The company had a trading volume of 1,147,163 shares, compared to its average volume of 1,014,704. The company’s fifty day moving average price is $7.90 and its 200 day moving average price is $8.92. Liberty Latin America Ltd. has a 1 year low of $5.95 and a 1 year high of $10.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The firm has a market cap of $1.21 billion, a P/E ratio of -2.09 and a beta of 1.04.

Wall Street Analyst Weigh In

LILAK has been the subject of several analyst reports. The Goldman Sachs Group dropped their target price on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Scotiabank cut their price objective on shares of Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research report on Friday, November 8th.

Institutional Investors Weigh In On Liberty Latin America

A number of institutional investors and hedge funds have recently made changes to their positions in LILAK. FMR LLC raised its holdings in shares of Liberty Latin America by 69.2% in the 3rd quarter. FMR LLC now owns 15,600,000 shares of the company’s stock valued at $148,044,000 after buying an additional 6,379,203 shares during the period. Geode Capital Management LLC grew its holdings in shares of Liberty Latin America by 1.2% in the third quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company’s stock valued at $32,073,000 after purchasing an additional 39,711 shares in the last quarter. State Street Corp increased its stake in 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 buying an additional 11,510 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Liberty Latin America by 24.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,060,558 shares of the company’s stock worth $29,045,000 after buying an additional 600,689 shares in the last quarter. Finally, Banco Santander S.A. purchased a new position in Liberty Latin America in the 2nd quarter valued at approximately $13,188,000. 52.98% of the stock is owned by hedge funds and other institutional investors.

Liberty Latin America Company 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.