Steward Partners Investment Advisory LLC Decreases Stake in Liberty Latin America Ltd. (NASDAQ:LILA)

Steward Partners Investment Advisory LLC decreased its holdings in Liberty Latin America Ltd. (NASDAQ:LILAGet Rating) by 19.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,005 shares of the company’s stock after selling 3,225 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Liberty Latin America were worth $126,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. S&CO Inc. grew its holdings in shares of Liberty Latin America by 9.1% during the fourth quarter. S&CO Inc. now owns 2,379,884 shares of the company’s stock worth $27,749,000 after buying an additional 198,955 shares in the last quarter. Quinn Opportunity Partners LLC grew its holdings in shares of Liberty Latin America by 31.1% during the fourth quarter. Quinn Opportunity Partners LLC now owns 438,495 shares of the company’s stock worth $5,113,000 after buying an additional 103,923 shares in the last quarter. Gabelli Funds LLC grew its holdings in shares of Liberty Latin America by 4.4% during the fourth quarter. Gabelli Funds LLC now owns 406,466 shares of the company’s stock worth $4,739,000 after buying an additional 17,000 shares in the last quarter. Mackenzie Financial Corp grew its holdings in shares of Liberty Latin America by 1,445.0% during the fourth quarter. Mackenzie Financial Corp now owns 246,784 shares of the company’s stock worth $2,878,000 after buying an additional 230,811 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in shares of Liberty Latin America by 1,110.9% during the fourth quarter. BNP Paribas Arbitrage SA now owns 168,321 shares of the company’s stock worth $1,963,000 after buying an additional 154,421 shares in the last quarter. Institutional investors and hedge funds own 18.19% of the company’s stock.

Liberty Latin America Price Performance

Shares of Liberty Latin America stock opened at $7.38 on Tuesday. The business’s fifty day moving average price is $7.95 and its 200 day moving average price is $9.38. Liberty Latin America Ltd. has a twelve month low of $6.76 and a twelve month high of $14.79. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 2.53. The stock has a market capitalization of $1.67 billion, a P/E ratio of -3.86 and a beta of 1.24.

Liberty Latin America (NASDAQ:LILAGet Rating) last issued its earnings results on Wednesday, May 4th. The company reported $0.36 earnings per share (EPS) for the quarter. Liberty Latin America had a positive return on equity of 1.48% and a negative net margin of 9.15%. The business had revenue of $1.22 billion during the quarter. During the same quarter in the previous year, the firm posted $0.37 EPS. As a group, research analysts anticipate that Liberty Latin America Ltd. will post 0.52 earnings per share for the current year.

Analyst Ratings Changes

Separately, Scotiabank downgraded shares of Liberty Latin America from a “sector perform” rating to a “sector underperform” rating in a report on Friday, June 3rd.

Insider Activity

In other Liberty Latin America news, major shareholder John C. Malone purchased 567,151 shares of the firm’s stock in a transaction that occurred on Thursday, May 12th. The stock was purchased at an average cost of $8.11 per share, with a total value of $4,599,594.61. Following the transaction, the insider now owns 567,152 shares in the company, valued at $4,599,602.72. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, major shareholder John C. Malone purchased 567,151 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was purchased at an average price of $8.11 per share, for a total transaction of $4,599,594.61. Following the acquisition, the insider now directly owns 567,152 shares in the company, valued at $4,599,602.72. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Aamir Hussain acquired 10,000 shares of the company’s stock in a transaction dated Tuesday, May 24th. The shares were purchased at an average price of $8.99 per share, for a total transaction of $89,900.00. Following the purchase, the senior vice president now directly owns 10,000 shares of the company’s stock, valued at $89,900. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 1,144,302 shares of company stock valued at $9,289,089. Company insiders own 4.68% of the company’s stock.

Liberty Latin America Profile

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Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. It offers communications and entertainment services, including video, broadband internet, fixed-line telephony, and mobile 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.

See Also

Want to see what other hedge funds are holding LILA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Latin America Ltd. (NASDAQ:LILAGet Rating).

Institutional Ownership by Quarter for Liberty Latin America (NASDAQ:LILA)

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