Schonfeld Strategic Advisors LLC Purchases Shares of 90,268 Liberty Latin America Ltd. (NASDAQ:LILAK)

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

Other hedge funds have also added to or reduced their stakes in the company. Quaker Capital Investments LLC grew its holdings in shares of Liberty Latin America by 1.2% in the fourth quarter. Quaker Capital Investments LLC now owns 4,689,398 shares of the company's stock valued at $29,731,000 after purchasing an additional 53,341 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Liberty Latin America by 28.4% in 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. DAVENPORT & Co LLC lifted its position in Liberty Latin America by 9.5% during the 4th quarter. DAVENPORT & Co LLC now owns 3,067,979 shares of the company's stock worth $19,451,000 after acquiring an additional 266,301 shares in the last quarter. Long Focus Capital Management LLC boosted its stake in Liberty Latin America by 79.0% during the 4th quarter. Long Focus Capital Management LLC now owns 3,034,616 shares of the company's stock valued at $19,239,000 after acquiring an additional 1,339,216 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Liberty Latin America by 27.1% during the fourth quarter. Northern Trust Corp now owns 1,519,252 shares of the company's stock valued at $9,632,000 after purchasing an additional 324,018 shares during the last quarter. 52.98% of the stock is currently owned by institutional investors.

Insider Activity

In other Liberty Latin America news, CEO Balan Nair acquired 22,779 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the purchase, the chief executive officer now directly owns 1,651,001 shares in the company, valued at $7,247,894.39. The trade was a 1.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Christopher J. Noyes purchased 8,000 shares of the company's stock in a transaction on Monday, May 12th. The stock was bought at an average cost of $4.53 per share, for a total transaction of $36,240.00. Following the acquisition, the chief financial officer now directly owns 231,621 shares of the company's stock, valued at $1,049,243.13. This represents a 3.58% increase in their position. The disclosure for this purchase can be found here. Company insiders own 9.66% of the company's stock.

Liberty Latin America Stock Up 6.8%

LILAK stock traded up $0.35 during trading on Thursday, reaching $5.41. 463,717 shares of the stock were exchanged, compared to its average volume of 956,281. Liberty Latin America Ltd. has a twelve month low of $4.23 and a twelve month high of $10.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The firm has a market cap of $1.06 billion, a P/E ratio of -1.61 and a beta of 0.92. The firm's 50 day moving average is $5.76 and its 200 day moving average is $6.56.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.55). Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%. The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.10 billion.

Analyst Ratings Changes

Separately, StockNews.com upgraded Liberty Latin America from a "hold" rating to a "buy" rating in a report on Monday.

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.