D. E. Shaw & Co. Inc. Purchases 126,383 Shares of Liberty Latin America Ltd. (NASDAQ:LILA)

D. E. Shaw & Co. Inc. increased its position in Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 132.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 221,468 shares of the company's stock after purchasing an additional 126,383 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.11% of Liberty Latin America worth $1,409,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of LILA. SG Americas Securities LLC boosted its stake in Liberty Latin America by 15.9% in the 4th quarter. SG Americas Securities LLC now owns 14,560 shares of the company's stock worth $93,000 after purchasing an additional 2,002 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in Liberty Latin America in the 4th quarter worth about $96,000. Empowered Funds LLC boosted its stake in Liberty Latin America by 5.1% in the 4th quarter. Empowered Funds LLC now owns 200,090 shares of the company's stock worth $1,273,000 after purchasing an additional 9,627 shares in the last quarter. ABC Arbitrage SA bought a new position in Liberty Latin America during the 4th quarter valued at about $136,000. Finally, Banco Santander S.A. lifted its stake in Liberty Latin America by 2.1% during the 4th quarter. Banco Santander S.A. now owns 816,900 shares of the company's stock valued at $5,195,000 after acquiring an additional 16,900 shares during the period. Institutional investors own 18.48% of the company's stock.

Insider Transactions at Liberty Latin America

In other Liberty Latin America news, CEO Balan Nair acquired 22,779 shares of the stock in a transaction dated Monday, May 12th. The shares were purchased at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the purchase, the chief executive officer now directly owns 1,651,001 shares of the company's stock, valued at approximately $7,247,894.39. This trade represents a 1.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Christopher J. Noyes acquired 8,000 shares of the stock in a transaction dated Monday, May 12th. The stock was acquired at an average price of $4.53 per share, for a total transaction of $36,240.00. Following the purchase, the chief financial officer now directly owns 231,621 shares in the company, valued at approximately $1,049,243.13. This trade represents a 3.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 11.96% of the company's stock.

Liberty Latin America Price Performance

LILA opened at $4.97 on Friday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04. The stock has a market capitalization of $993.50 million, a P/E ratio of -1.49 and a beta of 0.94. The company's 50-day simple moving average is $5.59 and its two-hundred day simple moving average is $6.41. Liberty Latin America Ltd. has a 52-week low of $4.25 and a 52-week high of $10.82.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.62). The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. As a group, analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $8.00 to $6.50 in a research note on Tuesday, February 25th.

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.

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