Liberty Latin America Ltd. (NASDAQ:LILAK) Stock Position Raised by Deutsche Bank AG

Deutsche Bank AG grew its stake in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 41.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,881,436 shares of the company's stock after acquiring an additional 549,884 shares during the quarter. Deutsche Bank AG owned about 0.96% of Liberty Latin America worth $11,928,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LILAK. Bridgeway Capital Management LLC boosted its position in shares of Liberty Latin America by 2.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 1,713,283 shares of the company's stock valued at $10,862,000 after purchasing an additional 45,635 shares in the last quarter. Bridgefront Capital LLC bought a new stake in Liberty Latin America in the fourth quarter valued at about $65,000. Balyasny Asset Management L.P. boosted its stake in Liberty Latin America by 377.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 79,203 shares of the company's stock worth $502,000 after purchasing an additional 62,601 shares during the period. BNP Paribas Financial Markets grew its position in shares of Liberty Latin America by 241.4% in the 4th quarter. BNP Paribas Financial Markets now owns 96,087 shares of the company's stock valued at $609,000 after acquiring an additional 67,943 shares during the period. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of Liberty Latin America in the fourth quarter valued at about $572,000. 52.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Liberty Latin America

In other news, CFO Christopher J. Noyes acquired 8,000 shares of the firm's stock in a transaction on Monday, May 12th. The shares were bought at an average price of $4.53 per share, for a total transaction of $36,240.00. Following the acquisition, the chief financial officer now owns 231,621 shares of the company's stock, valued at approximately $1,049,243.13. This trade represents a 3.58% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Balan Nair bought 22,779 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average price of $4.39 per share, with a total value of $99,999.81. Following the completion of the acquisition, the chief executive officer now owns 1,651,001 shares of the company's stock, valued at $7,247,894.39. This trade represents a 1.40% increase in their position. The disclosure for this purchase can be found here. Company insiders own 9.66% of the company's stock.

Liberty Latin America Price Performance

LILAK stock traded down $0.28 during trading hours on Monday, hitting $5.15. 981,859 shares of the stock traded hands, compared to its average volume of 966,043. The stock has a 50-day simple moving average of $5.72 and a 200 day simple moving average of $6.46. The company has a market cap of $1.03 billion, a P/E ratio of -1.54 and a beta of 0.92. Liberty Latin America Ltd. has a one year low of $4.23 and a one year high of $10.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.55). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Liberty Latin America from a "hold" rating to a "buy" rating in a research note on Monday, May 12th.

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.