85,601 Shares in Liberty Latin America Ltd. $LILA Acquired by Trexquant Investment LP

Trexquant Investment LP bought a new stake in shares of Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 85,601 shares of the company's stock, valued at approximately $542,000.

Several other large investors have also added to or reduced their stakes in LILA. Fourth Sail Capital LP purchased a new position in Liberty Latin America during the first quarter worth $8,977,000. Hsbc Holdings PLC increased its stake in shares of Liberty Latin America by 30.1% in the 1st quarter. Hsbc Holdings PLC now owns 520,902 shares of the company's stock worth $3,318,000 after acquiring an additional 120,548 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Liberty Latin America by 37.5% during the 1st quarter. UMB Bank n.a. now owns 232,901 shares of the company's stock worth $1,474,000 after purchasing an additional 63,486 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in shares of 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 buying an additional 126,383 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Liberty Latin America by 38.3% during the 4th quarter. Bank of America Corp DE now owns 186,493 shares of the company's stock worth $1,186,000 after acquiring an additional 51,664 shares in the last quarter. Hedge funds and other institutional investors own 18.48% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Benchmark upgraded Liberty Latin America to a "strong-buy" rating in a research report on Monday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Liberty Latin America has an average rating of "Moderate Buy" and an average price target of $6.50.

Liberty Latin America Trading Down 1.4%

Shares of LILA traded down $0.11 during trading hours on Friday, reaching $7.52. The stock had a trading volume of 234,366 shares, compared to its average volume of 469,038. The firm has a 50-day moving average of $7.27 and a 200 day moving average of $6.25. Liberty Latin America Ltd. has a 52 week low of $4.25 and a 52 week high of $10.79. The company has a market cap of $1.50 billion, a P/E ratio of -1.27 and a beta of 1.03. 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 quarterly earnings results on Thursday, August 7th. The company reported ($2.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($2.13). The business had revenue of $1.09 billion during 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%. On average, sell-side analysts expect that Liberty Latin America Ltd. will post -0.22 earnings per share for the current fiscal year.

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.