Liberty Latin America (NASDAQ:LILA - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.
Liberty Latin America Stock Down 2.4%
LILA stock opened at $8.02 on Wednesday. The firm's fifty day simple moving average is $7.85 and its 200-day simple moving average is $6.42. The company has a market capitalization of $1.60 billion, a P/E ratio of -1.35 and a beta of 0.99. The company has a debt-to-equity ratio of 6.78, a current ratio of 1.08 and a quick ratio of 1.08. Liberty Latin America has a 12 month low of $4.25 and a 12 month high of $10.79.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($2.12) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($2.13). The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. Liberty Latin America had a negative return on equity of 77.72% and a negative net margin of 26.61%. As a group, equities research analysts forecast that Liberty Latin America will post -0.22 earnings per share for the current year.
Institutional Investors Weigh In On Liberty Latin America
A number of hedge funds and other institutional investors have recently made changes to their positions in LILA. Millennium Management LLC grew its stake in shares of Liberty Latin America by 29.6% during the 4th quarter. Millennium Management LLC now owns 24,499 shares of the company's stock worth $156,000 after purchasing an additional 5,602 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Liberty Latin America by 14.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 106,011 shares of the company's stock valued at $674,000 after acquiring an additional 13,154 shares during the period. GAMMA Investing LLC grew its stake in Liberty Latin America by 1,315.2% in the 1st quarter. GAMMA Investing LLC now owns 15,496 shares of the company's stock valued at $98,000 after acquiring an additional 14,401 shares during the period. XTX Topco Ltd acquired a new stake in Liberty Latin America in the 1st quarter valued at $246,000. Finally, Fourth Sail Capital LP acquired a new stake in Liberty Latin America in the 1st quarter valued at $8,977,000. Institutional investors and hedge funds own 18.48% of the company's stock.
About Liberty Latin America
(
Get 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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