Brendan J. Paddick Purchases 5,053 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick bought 5,053 shares of Liberty Latin America stock in a transaction that occurred on Friday, November 29th. The shares were acquired at an average price of $6.93 per share, with a total value of $35,017.29. Following the completion of the acquisition, the director now directly owns 1,343,021 shares of the company’s stock, valued at $9,307,135.53. This represents a 0.38 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Liberty Latin America Trading Down 1.4 %

Liberty Latin America stock traded down $0.10 during midday trading on Friday, reaching $6.96. The stock had a trading volume of 143,135 shares, compared to its average volume of 368,682. The firm’s fifty day simple moving average is $8.90 and its two-hundred day simple moving average is $9.15. Liberty Latin America Ltd. has a twelve month low of $5.90 and a twelve month high of $10.81. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -2.38 and a beta of 1.12.

Hedge Funds Weigh In On Liberty Latin America

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC boosted its stake in Liberty Latin America by 60,327.0% in the 3rd 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 during the period. Vanguard Group Inc. lifted its position in Liberty Latin America by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 1,294,672 shares of the company’s stock worth $9,024,000 after buying an additional 24,840 shares in the last quarter. Banco Santander S.A. lifted its position 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 buying an additional 258,631 shares in the last quarter. Genesis Investment Management LLP lifted its position in Liberty Latin America by 3.3% in the 2nd quarter. Genesis Investment Management LLP now owns 652,316 shares of the company’s stock worth $6,269,000 after buying an additional 20,580 shares in the last quarter. Finally, Virtu Financial LLC lifted its position in Liberty Latin America by 173.1% in the 2nd quarter. Virtu Financial LLC now owns 332,077 shares of the company’s stock worth $3,191,000 after buying an additional 210,483 shares in the last quarter. Institutional investors and hedge funds own 18.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 4th.

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.