Nuveen LLC acquired a new stake in shares of Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 103,484 shares of the company's stock, valued at approximately $655,000. Nuveen LLC owned approximately 0.05% of Liberty Latin America as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in Liberty Latin America by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,454,942 shares of the company's stock valued at $15,613,000 after purchasing an additional 24,752 shares during the period. Fourth Sail Capital LP purchased a new stake in Liberty Latin America in the first quarter worth $8,977,000. Bridgeway Capital Management LLC lifted its stake in Liberty Latin America by 2.6% during the fourth quarter. Bridgeway Capital Management LLC now owns 380,090 shares of the company's stock worth $2,417,000 after purchasing an additional 9,627 shares during the last quarter. UMB Bank n.a. increased its holdings in Liberty Latin America by 37.5% during the 1st quarter. UMB Bank n.a. now owns 232,901 shares of the company's stock valued at $1,474,000 after purchasing an additional 63,486 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its position in Liberty Latin America by 132.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 221,468 shares of the company's stock valued at $1,409,000 after acquiring an additional 126,383 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.
Liberty Latin America Trading Down 2.8%
Shares of Liberty Latin America stock traded down $0.23 during trading hours on Monday, hitting $7.78. The company's stock had a trading volume of 256,689 shares, compared to its average volume of 459,136. The business has a fifty day moving average of $7.14 and a 200 day moving average of $6.22. The company has a market capitalization of $1.56 billion, a PE ratio of -1.31 and a beta of 1.03. Liberty Latin America Ltd. has a 1-year low of $4.25 and a 1-year high of $10.79. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 6.78.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported ($2.12) EPS for the quarter, missing the consensus estimate of $0.01 by ($2.13). The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. Liberty Latin America had a negative net margin of 26.61% and a negative return on equity of 77.72%. As a group, equities analysts forecast that Liberty Latin America Ltd. will post -0.22 EPS for the current year.
Analyst Ratings Changes
Separately, Benchmark raised shares of Liberty Latin America to a "strong-buy" rating in a research note on Monday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $6.50.
View Our Latest Analysis on LILA
Liberty Latin America Company Profile
(
Free Report)
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.
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