Genesis Investment Management LLP Decreases Holdings in Liberty Latin America Ltd. (NASDAQ:LILA)

Genesis Investment Management LLP lowered its position in Liberty Latin America Ltd. (NASDAQ:LILA) by 76.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,048 shares of the company’s stock after selling 466,954 shares during the quarter. Liberty Latin America makes up approximately 1.0% of Genesis Investment Management LLP’s portfolio, making the stock its 14th biggest position. Genesis Investment Management LLP owned about 0.07% of Liberty Latin America worth $903,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC increased its holdings in shares of Liberty Latin America by 60,327.0% in the third quarter. FMR LLC now owns 2,160,869 shares of the company’s stock worth $20,701,000 after buying an additional 2,157,293 shares during the period. Banco Santander S.A. grew its holdings in Liberty Latin America by 47.8% in the 3rd quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock worth $7,664,000 after acquiring an additional 258,631 shares during the last quarter. UMB Bank n.a. increased its holdings in Liberty Latin America by 2,129.7% during the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company’s stock valued at $1,077,000 after purchasing an additional 161,817 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Liberty Latin America during the fourth quarter valued at approximately $753,000. Finally, Zacks Investment Management purchased a new position in Liberty Latin America during the 3rd quarter valued at $648,000. 18.48% of the stock is currently owned by institutional investors.

Insider Activity at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick bought 5,053 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was acquired at an average price of $6.93 per share, with a total value of $35,017.29. Following the completion of the purchase, the director now owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. This trade represents a 0.38 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have bought 156,298 shares of company stock worth $1,043,886 over the last ninety days. 11.35% of the stock is owned by corporate insiders.

Liberty Latin America Price Performance

LILA stock opened at $6.70 on Tuesday. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year high of $10.81. The firm has a 50-day moving average of $6.68 and a 200 day moving average of $8.58. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06.

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.