UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 67,621 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 25.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 331,332 shares of the company's stock after acquiring an additional 67,621 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.17% of Liberty Latin America worth $2,101,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of LILAK. New Age Alpha Advisors LLC acquired a new stake in Liberty Latin America in the fourth quarter valued at $41,000. Bleakley Financial Group LLC acquired a new stake in Liberty Latin America in the fourth quarter valued at $65,000. Bridgefront Capital LLC acquired a new stake in Liberty Latin America in the fourth quarter valued at $65,000. KBC Group NV grew its holdings in Liberty Latin America by 62.5% during the 4th quarter. KBC Group NV now owns 11,879 shares of the company's stock worth $75,000 after acquiring an additional 4,571 shares during the period. Finally, Townsquare Capital LLC acquired a new stake in Liberty Latin America during the 4th quarter worth about $80,000. 52.98% of the stock is currently owned by institutional investors.

Liberty Latin America Stock Down 1.5%

Shares of LILAK traded down $0.08 during trading hours on Wednesday, hitting $5.31. The stock had a trading volume of 676,621 shares, compared to its average volume of 964,727. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $5.23 and a 200-day simple moving average of $6.16. The firm has a market capitalization of $1.06 billion, a P/E ratio of -1.59 and a beta of 0.89. Liberty Latin America Ltd. has a 1-year low of $4.23 and a 1-year high of $10.93.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 14.74% and a negative return on equity of 31.59%.

Insider Buying and Selling at Liberty Latin America

In other news, CEO Balan Nair acquired 22,779 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were acquired at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the purchase, the chief executive officer now owns 1,651,001 shares in the company, valued at approximately $7,247,894.39. This trade represents a 1.40% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Christopher J. Noyes acquired 8,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was purchased 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 owns 231,621 shares of the company's stock, 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. Company insiders own 9.66% of the company's stock.

Wall Street Analysts Forecast Growth

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

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.