D. E. Shaw & Co. Inc. Boosts Holdings in Liberty Latin America Ltd. (NASDAQ:LILAK)

D. E. Shaw & Co. Inc. boosted its stake in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 1,341.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 198,882 shares of the company's stock after buying an additional 185,082 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.10% of Liberty Latin America worth $1,261,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quaker Capital Investments LLC lifted its position in shares of Liberty Latin America by 1.2% during the 4th quarter. Quaker Capital Investments LLC now owns 4,689,398 shares of the company's stock valued at $29,731,000 after acquiring an additional 53,341 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Liberty Latin America by 28.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,929,978 shares of the company's stock valued at $24,916,000 after purchasing an additional 869,420 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Liberty Latin America by 9.5% in the 4th quarter. DAVENPORT & Co LLC now owns 3,067,979 shares of the company's stock valued at $19,451,000 after purchasing an additional 266,301 shares in the last quarter. Long Focus Capital Management LLC increased its stake in shares of Liberty Latin America by 79.0% in the 4th quarter. Long Focus Capital Management LLC now owns 3,034,616 shares of the company's stock valued at $19,239,000 after purchasing an additional 1,339,216 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Liberty Latin America by 41.3% during the 4th quarter. Deutsche Bank AG now owns 1,881,436 shares of the company's stock worth $11,928,000 after buying an additional 549,884 shares in the last quarter. Institutional investors and hedge funds own 52.98% of the company's stock.

Insider Activity

In other Liberty Latin America news, CEO Balan Nair bought 22,779 shares of the stock in a transaction that occurred 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 directly 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Christopher J. Noyes purchased 8,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average cost of $4.53 per share, with a total value of $36,240.00. Following the completion of the transaction, the chief financial officer now directly owns 231,621 shares in the company, valued at $1,049,243.13. The trade was a 3.58% increase in their position. The disclosure for this purchase can be found here. 9.66% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

Liberty Latin America Trading Up 0.7%

Liberty Latin America stock traded up $0.04 during trading hours on Tuesday, reaching $5.16. 252,873 shares of the company's stock were exchanged, compared to its average volume of 964,606. The firm has a market capitalization of $1.03 billion, a PE ratio of -1.54 and a beta of 0.92. 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's 50 day simple moving average is $5.52 and its 200 day simple moving average is $6.29. 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 issued its earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.55). The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%.

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.