Hsbc Holdings PLC lifted its position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 4,054.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 809,417 shares of the company's stock after buying an additional 789,932 shares during the period. Hsbc Holdings PLC owned approximately 0.41% of Liberty Latin America worth $5,087,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. New Age Alpha Advisors LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter valued at approximately $41,000. Bleakley Financial Group LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter worth about $65,000. Sargent Investment Group LLC acquired a new position in shares of Liberty Latin America in the fourth quarter worth about $69,000. KBC Group NV boosted its holdings in Liberty Latin America by 62.5% in the fourth quarter. KBC Group NV now owns 11,879 shares of the company's stock valued at $75,000 after purchasing an additional 4,571 shares during the last quarter. Finally, Townsquare Capital LLC purchased a new stake in Liberty Latin America during the 4th quarter worth approximately $80,000. 52.98% of the stock is owned by hedge funds and other institutional investors.
Liberty Latin America Stock Performance
Shares of NASDAQ:LILAK traded up $0.03 during trading on Friday, hitting $5.39. 501,455 shares of the company traded hands, compared to its average volume of 886,157. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of -1.61 and a beta of 0.83. The business's fifty day moving average is $6.07 and its 200-day moving average is $6.85. Liberty Latin America Ltd. has a one year low of $5.10 and a one year high of $10.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.
Liberty Latin America (NASDAQ:LILAK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($1.05). The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 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
(
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.
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