Voloridge Investment Management LLC Has $1.46 Million Position in Liberty Latin America Ltd. (NASDAQ:LILAK)

Voloridge Investment Management LLC lifted its position in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 78.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 230,554 shares of the company's stock after purchasing an additional 101,601 shares during the quarter. Voloridge Investment Management LLC owned 0.12% of Liberty Latin America worth $1,462,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Hsbc Holdings PLC grew its position in Liberty Latin America by 4,054.1% in the fourth quarter. Hsbc Holdings PLC now owns 809,417 shares of the company's stock valued at $5,087,000 after acquiring an additional 789,932 shares during the period. Wittenberg Investment Management Inc. increased its stake in shares of Liberty Latin America by 66.8% in the fourth quarter. Wittenberg Investment Management Inc. now owns 293,775 shares of the company's stock valued at $1,863,000 after buying an additional 117,683 shares in the last quarter. Barclays PLC increased its stake in shares of Liberty Latin America by 55.8% in the third quarter. Barclays PLC now owns 200,249 shares of the company's stock valued at $1,900,000 after buying an additional 71,734 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Liberty Latin America in the fourth quarter valued at $572,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Liberty Latin America by 28.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,929,978 shares of the company's stock valued at $24,916,000 after buying an additional 869,420 shares in the last quarter. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Christopher J. Noyes bought 8,000 shares of Liberty Latin America stock in a transaction on Monday, May 12th. The shares were purchased at an average price of $4.53 per share, for a total transaction of $36,240.00. Following the completion of the acquisition, the chief financial officer now owns 231,621 shares in the company, valued at approximately $1,049,243.13. This represents a 3.58% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Balan Nair bought 22,779 shares of Liberty Latin America stock in a transaction on Monday, May 12th. The shares were bought at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the acquisition, the chief executive officer now owns 1,651,001 shares of the company's stock, valued at approximately $7,247,894.39. The trade was a 1.40% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 9.66% of the company's stock.

Liberty Latin America Trading Up 0.1%

LILAK stock traded up $0.01 during midday trading on Monday, reaching $5.01. The stock had a trading volume of 143,556 shares, compared to its average volume of 959,153. The business has a fifty day simple moving average of $5.40 and a two-hundred day simple moving average of $6.24. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of -1.48 and a beta of 0.92. Liberty Latin America Ltd. has a twelve month low of $4.23 and a twelve month high of $10.93.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.55). The firm had revenue of $1.08 billion during 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%.

Analyst Ratings Changes

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

About Liberty Latin America

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.