Wittenberg Investment Management Inc. Buys 117,683 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

Wittenberg Investment Management Inc. lifted its position in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) by 66.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 293,775 shares of the company's stock after purchasing an additional 117,683 shares during the period. Liberty Latin America comprises 0.7% of Wittenberg Investment Management Inc.'s portfolio, making the stock its 21st largest holding. Wittenberg Investment Management Inc. owned approximately 0.15% of Liberty Latin America worth $1,863,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Latin America in the fourth quarter worth about $41,000. Bleakley Financial Group LLC bought a new stake in Liberty Latin America in the 4th quarter worth approximately $65,000. Sargent Investment Group LLC bought a new position in shares of Liberty Latin America during the 4th quarter valued at approximately $69,000. KBC Group NV grew its holdings in shares of 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 in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in Liberty Latin America in the third quarter worth $125,000. 52.98% of the stock is currently owned by institutional investors.

Liberty Latin America Price Performance

Shares of Liberty Latin America stock traded down $0.05 during trading hours on Wednesday, reaching $5.18. The company's stock had a trading volume of 262,530 shares, compared to its average volume of 893,588. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. Liberty Latin America Ltd. has a one year low of $5.10 and a one year high of $10.93. The firm has a 50 day moving average price of $6.57 and a 200-day moving average price of $7.34. The stock has a market cap of $1.02 billion, a P/E ratio of -1.55 and a beta of 0.83.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

About Liberty Latin America

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.