Jane Street Group LLC Sells 151,517 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

Jane Street Group LLC lessened its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 80.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,938 shares of the company's stock after selling 151,517 shares during the period. Jane Street Group LLC's holdings in Liberty Latin America were worth $234,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. New Age Alpha Advisors LLC bought a new position in shares of Liberty Latin America during the 4th quarter valued at about $41,000. Bleakley Financial Group LLC bought a new position in shares of Liberty Latin America during the 4th quarter valued at about $65,000. Sargent Investment Group LLC bought a new position in shares of Liberty Latin America during the 4th quarter valued at about $69,000. KBC Group NV lifted its holdings in shares of Liberty Latin America by 62.5% during the 4th quarter. KBC Group NV now owns 11,879 shares of the company's stock valued at $75,000 after purchasing an additional 4,571 shares in the last quarter. Finally, Townsquare Capital LLC bought a new position in shares of Liberty Latin America during the 4th quarter valued at about $80,000. Institutional investors own 52.98% of the company's stock.

Liberty Latin America Stock Down 0.6%

Shares of NASDAQ:LILAK traded down $0.03 during trading on Friday, hitting $5.12. 1,177,480 shares of the company were exchanged, compared to its average volume of 964,130. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -1.53 and a beta of 0.89. Liberty Latin America Ltd. has a fifty-two week low of $4.23 and a fifty-two week high of $10.93. The firm has a fifty day moving average price of $5.27 and a two-hundred day moving average price of $6.18. 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 the consensus estimate of ($0.14) by ($0.55). The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%.

Insider Buying and Selling

In other Liberty Latin America news, CFO Christopher J. Noyes bought 8,000 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were acquired at an average cost of $4.53 per share, with a total value of $36,240.00. Following the acquisition, the chief financial officer now owns 231,621 shares of the company's stock, valued at $1,049,243.13. The trade was a 3.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 shares were acquired at an average cost of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the acquisition, the chief executive officer now directly owns 1,651,001 shares in the company, valued at $7,247,894.39. The trade was a 1.40% increase in their position. The disclosure for this purchase can be found here. 9.66% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Liberty Latin America from a "buy" rating to a "hold" rating in a research note on Tuesday, May 20th.

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.