Liberty Latin America Ltd Class C (LILAK) Shares Sold by State of Wisconsin Investment Board

State of Wisconsin Investment Board lessened its stake in Liberty Latin America Ltd Class C (NASDAQ:LILAK) by 30.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 540,504 shares of the company’s stock after selling 239,582 shares during the quarter. State of Wisconsin Investment Board owned about 0.32% of Liberty Latin America Ltd Class C worth $10,318,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Liberty Latin America Ltd Class C during the first quarter worth $154,000. Bronfman E.L. Rothschild L.P. boosted its position in shares of Liberty Latin America Ltd Class C by 40.1% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 10,230 shares of the company’s stock worth $204,000 after buying an additional 2,929 shares during the period. Portland Investment Counsel Inc. purchased a new position in shares of Liberty Latin America Ltd Class C during the fourth quarter worth $214,000. Virtu Financial LLC purchased a new position in shares of Liberty Latin America Ltd Class C during the fourth quarter worth $232,000. Finally, First Eagle Investment Management LLC purchased a new position in shares of Liberty Latin America Ltd Class C during the first quarter worth $232,000. 49.69% of the stock is owned by institutional investors.

NASDAQ LILAK traded up $0.22 on Thursday, hitting $21.70. 620,100 shares of the company’s stock were exchanged, compared to its average volume of 537,425. Liberty Latin America Ltd Class C has a fifty-two week low of $17.90 and a fifty-two week high of $27.53.

Liberty Latin America Ltd Class C (NASDAQ:LILAK) last announced its quarterly earnings results on Tuesday, May 8th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $909.90 million during the quarter.

A number of research analysts recently issued reports on the company. Scotiabank downgraded Liberty Latin America Ltd Class C from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $34.00 to $21.00 in a report on Thursday, February 15th. BidaskClub raised Liberty Latin America Ltd Class C from a “sell” rating to a “hold” rating in a report on Friday, May 25th. ValuEngine raised Liberty Latin America Ltd Class C from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Finally, Goldman Sachs Group assumed coverage on Liberty Latin America Ltd Class C in a report on Tuesday, April 3rd. They set a “neutral” rating and a $23.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $24.00.

Liberty Latin America Ltd Class C Profile

Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment 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.

Institutional Ownership by Quarter for Liberty Latin America Ltd Class C (NASDAQ:LILAK)

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