Brendan J. Paddick Purchases 18,011 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 18,011 shares of the stock in a transaction on Monday, December 23rd. The stock was acquired at an average cost of $6.12 per share, for a total transaction of $110,227.32. Following the acquisition, the director now directly owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Liberty Latin America Price Performance

NASDAQ:LILA traded down $0.10 during trading hours on Monday, reaching $6.16. The company had a trading volume of 602,903 shares, compared to its average volume of 370,077. The firm has a market capitalization of $1.21 billion, a PE ratio of -2.10 and a beta of 1.04. The stock has a 50-day moving average of $7.98 and a two-hundred day moving average of $8.94. Liberty Latin America Ltd. has a one year low of $5.90 and a one year high of $10.81. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.

Institutional Investors Weigh In On Liberty Latin America

Several large investors have recently made changes to their positions in LILA. Principal Financial Group Inc. raised its stake in shares of Liberty Latin America by 7.4% in the second quarter. Principal Financial Group Inc. now owns 22,129 shares of the company’s stock valued at $213,000 after acquiring an additional 1,523 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Liberty Latin America by 0.9% during the second quarter. Mackenzie Financial Corp now owns 230,571 shares of the company’s stock worth $2,216,000 after purchasing an additional 2,007 shares during the last quarter. Sanctuary Advisors LLC increased its stake in shares of Liberty Latin America by 7.8% in the third quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company’s stock valued at $654,000 after buying an additional 4,917 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Liberty Latin America by 13.6% in the second quarter. American Century Companies Inc. now owns 46,033 shares of the company’s stock valued at $442,000 after buying an additional 5,499 shares during the last quarter. Finally, XTX Topco Ltd lifted its position in Liberty Latin America by 33.6% during the 3rd quarter. XTX Topco Ltd now owns 27,532 shares of the company’s stock worth $264,000 after buying an additional 6,918 shares in the last quarter. Institutional investors own 18.48% of the company’s stock.

Wall Street Analyst Weigh In

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

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.