S&CO Inc. Lowers Holdings in Liberty Latin America Ltd. (NASDAQ:LILA)

S&CO Inc. trimmed its holdings in Liberty Latin America Ltd. (NASDAQ:LILA) by 3.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,568,058 shares of the company’s stock after selling 48,306 shares during the period. S&CO Inc. owned approximately 0.80% of Liberty Latin America worth $9,972,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC lifted its stake in Liberty Latin America by 60,327.0% during the third quarter. FMR LLC now owns 2,160,869 shares of the company’s stock worth $20,701,000 after purchasing an additional 2,157,293 shares in the last quarter. Banco Santander S.A. raised its stake in shares of Liberty Latin America by 2.1% in the fourth quarter. Banco Santander S.A. now owns 816,900 shares of the company’s stock valued at $5,195,000 after acquiring an additional 16,900 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Liberty Latin America by 5.1% in the fourth quarter. Empowered Funds LLC now owns 200,090 shares of the company’s stock valued at $1,273,000 after acquiring an additional 9,627 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Liberty Latin America by 2,129.7% in the fourth quarter. UMB Bank n.a. now owns 169,415 shares of the company’s stock valued at $1,077,000 after acquiring an additional 161,817 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Latin America in the fourth quarter valued at $753,000. 18.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Brendan J. Paddick bought 18,011 shares of the stock in a transaction dated Monday, December 23rd. The stock was acquired at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the acquisition, the director now owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This represents a 1.27 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 11.35% of the company’s stock.

Liberty Latin America Stock Performance

Shares of LILA opened at $6.60 on Tuesday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of -1.98 and a beta of 1.01. Liberty Latin America Ltd. has a 52-week low of $5.94 and a 52-week high of $10.82. The company has a quick ratio of 1.06, a current ratio of 1.04 and a debt-to-equity ratio of 4.68. The stock has a 50 day moving average price of $6.72 and a 200 day moving average price of $7.88.

Liberty Latin America (NASDAQ:LILA) last issued its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. Research analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays cut Liberty Latin America from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $8.00 to $6.50 in a research note on Tuesday, February 25th.

About Liberty Latin America

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.