JPMorgan Chase & Co. Sells 143,796 Shares of Liberty Latin America Ltd. (NASDAQ:LILA)

JPMorgan Chase & Co. cut its position in Liberty Latin America Ltd. (NASDAQ:LILA - Free Report) by 46.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,705 shares of the company's stock after selling 143,796 shares during the quarter. JPMorgan Chase & Co. owned about 0.08% of Liberty Latin America worth $1,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in LILA. Barclays PLC lifted its holdings in Liberty Latin America by 81.6% during the third quarter. Barclays PLC now owns 70,419 shares of the company's stock valued at $675,000 after purchasing an additional 31,642 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Latin America during the 3rd quarter valued at approximately $163,000. UMB Bank n.a. lifted its stake in shares of Liberty Latin America by 2,129.7% during the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company's stock valued at $1,077,000 after buying an additional 161,817 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in Liberty Latin America in the 4th quarter worth approximately $753,000. Finally, SG Americas Securities LLC lifted its holdings in Liberty Latin America by 15.9% during the 4th 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. Institutional investors own 18.48% of the company's stock.

Analysts Set New Price Targets

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

Liberty Latin America Price Performance

Shares of Liberty Latin America stock traded up $0.08 on Friday, hitting $5.36. 55,477 shares of the company traded hands, compared to its average volume of 355,798. Liberty Latin America Ltd. has a 12-month low of $5.12 and a 12-month high of $10.82. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 4.68. The company has a market cap of $1.05 billion, a P/E ratio of -1.61 and a beta of 0.85. The firm's 50-day simple moving average is $6.10 and its 200 day simple moving average is $6.90.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share 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 for the quarter, compared to analysts' expectations of $1.15 billion. Analysts expect that Liberty Latin America Ltd. will post -0.22 earnings per share for the current fiscal year.

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.