UMB Bank n.a. increased its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 42.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 404,042 shares of the company's stock after purchasing an additional 121,105 shares during the quarter. UMB Bank n.a. owned approximately 0.21% of Liberty Latin America worth $2,509,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quaker Capital Investments LLC grew its position in shares of Liberty Latin America by 1.2% during the fourth quarter. Quaker Capital Investments LLC now owns 4,689,398 shares of the company's stock valued at $29,731,000 after purchasing an additional 53,341 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in 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 worth $24,916,000 after acquiring an additional 869,420 shares during the last quarter. Long Focus Capital Management LLC increased its stake in 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 worth $19,239,000 after acquiring an additional 1,339,216 shares during the last quarter. 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 acquiring an additional 549,884 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its position in shares of Liberty Latin America by 2.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 1,713,283 shares of the company's stock valued at $10,862,000 after acquiring an additional 45,635 shares during the last quarter. Institutional investors own 52.98% of the company's stock.
Liberty Latin America Trading Up 4.7%
Shares of NASDAQ:LILAK traded up $0.25 during trading on Thursday, hitting $5.56. The company had a trading volume of 940,974 shares, compared to its average volume of 964,632. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of -1.66 and a beta of 0.89. 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 company has a fifty day simple moving average of $5.23 and a two-hundred day simple moving average of $6.16. 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 released its quarterly earnings results 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). The company had revenue of $1.08 billion for the quarter, compared to analysts' expectations 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 Activity
In related news, CFO Christopher J. Noyes bought 8,000 shares of the stock in a transaction dated Monday, May 12th. The stock was purchased at an average cost of $4.53 per share, with a total value of $36,240.00. Following the completion of the purchase, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Balan Nair acquired 22,779 shares of the stock in a transaction on Monday, May 12th. The stock was bought at an average cost of $4.39 per share, with a total value of $99,999.81. Following the completion of the transaction, the chief executive officer now owns 1,651,001 shares in the company, valued at $7,247,894.39. This trade represents a 1.40% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 9.66% of the company's stock.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded shares of Liberty Latin America from a "buy" rating to a "hold" rating in a research note on Tuesday, May 20th.
View Our Latest Stock Report on LILAK
About Liberty Latin America
(
Free Report)
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.
Recommended Stories
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
