Schonfeld Strategic Advisors LLC Makes New Investment in Liberty Latin America Ltd. (NASDAQ:LILAK)

Schonfeld Strategic Advisors LLC bought a new stake in Liberty Latin America Ltd. (NASDAQ:LILAK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 90,268 shares of the company's stock, valued at approximately $572,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LILAK. Long Focus Capital Management LLC raised its stake in shares of Liberty Latin America by 79.0% during the fourth quarter. Long Focus Capital Management LLC now owns 3,034,616 shares of the company's stock valued at $19,239,000 after purchasing an additional 1,339,216 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Liberty Latin America by 28.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,929,978 shares of the company's stock worth $24,916,000 after buying an additional 869,420 shares during the period. Hsbc Holdings PLC lifted its holdings in Liberty Latin America by 4,054.1% in the 4th quarter. Hsbc Holdings PLC now owns 809,417 shares of the company's stock worth $5,087,000 after buying an additional 789,932 shares in the last quarter. Edgestream Partners L.P. purchased a new position in Liberty Latin America in the 4th quarter valued at about $3,177,000. Finally, Norges Bank acquired a new stake in shares of Liberty Latin America during the fourth quarter valued at about $3,134,000. Institutional investors and hedge funds own 52.98% of the company's stock.

Liberty Latin America Trading Down 3.2 %

NASDAQ:LILAK opened at $4.53 on Friday. The stock has a market cap of $891.96 million, a price-to-earnings ratio of -1.36 and a beta of 0.92. Liberty Latin America Ltd. has a one year low of $4.23 and a one year high of $10.93. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. The business's 50-day simple moving average is $5.88 and its 200 day simple moving average is $6.66.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.55). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion.

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.

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