Hsbc Holdings PLC Purchases New Stake in Liberty Latin America Ltd. (NASDAQ:LILA)

Hsbc Holdings PLC bought a new stake in shares of Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 400,354 shares of the company's stock, valued at approximately $2,526,000. Hsbc Holdings PLC owned approximately 0.20% of Liberty Latin America at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in LILA. KLP Kapitalforvaltning AS purchased a new position in Liberty Latin America in the fourth quarter valued at $37,000. EntryPoint Capital LLC purchased a new position in shares of Liberty Latin America in the 4th quarter valued at about $69,000. Marshall Wace LLP acquired a new position in Liberty Latin America in the 4th quarter worth about $77,000. SG Americas Securities LLC boosted its position in Liberty Latin America by 15.9% during the fourth quarter. SG Americas Securities LLC now owns 14,560 shares of the company's stock worth $93,000 after purchasing an additional 2,002 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in Liberty Latin America in the fourth quarter valued at approximately $96,000. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Barclays lowered Liberty Latin America from an "equal weight" rating to an "underweight" rating and decreased their target price for the company from $8.00 to $6.50 in a research report on Tuesday, February 25th.

Liberty Latin America Price Performance

LILA stock traded up $0.07 during trading on Tuesday, hitting $5.33. The stock had a trading volume of 47,750 shares, compared to its average volume of 356,603. The company's 50-day moving average price is $6.04 and its two-hundred day moving average price is $6.80. Liberty Latin America Ltd. has a twelve month low of $5.12 and a twelve month high of $10.82. The stock has a market capitalization of $1.05 billion, a P/E ratio of -1.60 and a beta of 0.94. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.04 and a quick ratio of 1.06.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. As a group, research analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

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.