UMB Bank n.a. Has $1.47 Million Stock Position in Liberty Latin America Ltd. (NASDAQ:LILA)

UMB Bank n.a. lifted its stake in shares of Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 37.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 232,901 shares of the company's stock after purchasing an additional 63,486 shares during the quarter. UMB Bank n.a. owned 0.12% of Liberty Latin America worth $1,474,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in shares of Liberty Latin America by 1.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,454,942 shares of the company's stock valued at $15,613,000 after purchasing an additional 24,752 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of Liberty Latin America by 3.0% during the 4th quarter. Gamco Investors INC. ET AL now owns 1,056,713 shares of the company's stock valued at $6,721,000 after purchasing an additional 30,537 shares during the last quarter. Banco Santander S.A. grew its holdings in shares of Liberty Latin America by 2.1% during the 4th quarter. Banco Santander S.A. now owns 816,900 shares of the company's stock valued at $5,195,000 after purchasing an additional 16,900 shares during the last quarter. Gabelli Funds LLC boosted its position in Liberty Latin America by 1.7% during the 4th quarter. Gabelli Funds LLC now owns 761,718 shares of the company's stock worth $4,845,000 after buying an additional 13,000 shares during the period. Finally, Geode Capital Management LLC boosted its position in Liberty Latin America by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 517,206 shares of the company's stock worth $3,290,000 after buying an additional 6,509 shares during the period. 18.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Benchmark upgraded shares of Liberty Latin America to a "strong-buy" rating in a research report on Monday, June 2nd. Barclays downgraded shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $8.00 to $6.50 in a research report on Tuesday, February 25th.

Liberty Latin America Trading Down 3.5%

NASDAQ:LILA traded down $0.19 during mid-day trading on Friday, hitting $5.26. 346,671 shares of the company's stock were exchanged, compared to its average volume of 388,259. The company has a 50 day simple moving average of $5.18 and a 200-day simple moving average of $6.14. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 4.68. Liberty Latin America Ltd. has a fifty-two week low of $4.25 and a fifty-two week high of $10.82. The firm has a market capitalization of $1.05 billion, a P/E ratio of -1.57 and a beta of 0.91.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.62). Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. As a group, research analysts expect that Liberty Latin America Ltd. will post -0.22 earnings per share for the current year.

Insider Transactions at Liberty Latin America

In other news, CEO Balan Nair bought 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 acquisition, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Christopher J. Noyes bought 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 acquisition, the chief financial officer now owns 231,621 shares of the company's stock, valued at $1,049,243.13. This trade represents a 3.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.96% of the stock is currently owned by corporate insiders.

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.