Brendan J. Paddick Acquires 31,989 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick acquired 31,989 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of $6.20 per share, for a total transaction of $198,331.80. Following the acquisition, the director now directly owns 1,419,507 shares in the company, valued at $8,800,943.40. This represents a 2.31 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Liberty Latin America Price Performance

Liberty Latin America stock traded down $0.10 during mid-day trading on Monday, reaching $6.16. The company had a trading volume of 602,903 shares, compared to its average volume of 370,077. The stock’s 50-day simple moving average is $7.98 and its 200-day simple moving average is $8.94. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year 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 company has a market capitalization of $1.21 billion, a P/E ratio of -2.10 and a beta of 1.04.

Institutional Investors Weigh In On Liberty Latin America

A number of institutional investors and hedge funds have recently modified their holdings of the company. Intech Investment Management LLC purchased a new stake in Liberty Latin America during the third quarter worth $104,000. SG Americas Securities LLC acquired a new position in shares of Liberty Latin America during the 3rd quarter worth $120,000. Ground Swell Capital LLC purchased a new stake in shares of Liberty Latin America in the 2nd quarter worth about $122,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Latin America in the 3rd quarter worth about $163,000. Finally, XTX Topco Ltd grew its stake in Liberty Latin America by 78.2% in the 2nd quarter. XTX Topco Ltd now owns 20,614 shares of the company’s stock valued at $198,000 after acquiring an additional 9,045 shares during the last quarter. Institutional investors and hedge funds own 18.48% of the company’s stock.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research 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.