Jane Street Group LLC Decreases Stake in Liberty Latin America Ltd. (NASDAQ:LILAK)

Jane Street Group LLC reduced its holdings in 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. The fund 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 reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Barclays PLC lifted its holdings in Liberty Latin America by 55.8% during the 3rd quarter. Barclays PLC now owns 200,249 shares of the company's stock valued at $1,900,000 after purchasing an additional 71,734 shares during the last quarter. KBC Group NV boosted its position in shares of Liberty Latin America by 62.5% in the fourth quarter. KBC Group NV now owns 11,879 shares of the company's stock valued at $75,000 after acquiring an additional 4,571 shares during the period. Sargent Investment Group LLC acquired a new position in shares of Liberty Latin America in the fourth quarter valued at about $69,000. Bleakley Financial Group LLC bought a new position in Liberty Latin America during the fourth quarter worth about $65,000. Finally, Empowered Funds LLC raised its stake in Liberty Latin America by 5.1% in the 4th quarter. Empowered Funds LLC now owns 936,783 shares of the company's stock worth $5,939,000 after purchasing an additional 45,635 shares in the last quarter. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Latin America

In related news, CEO Balan Nair purchased 22,779 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were purchased at an average cost of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the transaction, the chief executive officer now directly owns 1,651,001 shares in the company, valued at approximately $7,247,894.39. This represents a 1.40% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Christopher J. Noyes purchased 8,000 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was purchased at an average cost 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 disclosure for this purchase can be found here. Company insiders own 9.66% of the company's stock.

Liberty Latin America Price Performance

Shares of Liberty Latin America stock traded down $0.04 on Friday, reaching $5.11. 1,177,480 shares of the stock were exchanged, compared to its average volume of 961,413. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $1.02 billion, a PE ratio of -1.53 and a beta of 0.92. The firm's 50 day moving average is $5.29 and its 200-day moving average is $6.21. Liberty Latin America Ltd. has a one year low of $4.23 and a one year high of $10.93.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last posted its quarterly earnings data 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). Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Liberty Latin America from a "buy" rating to a "hold" rating in a research report 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.