Engineers Gate Manager LP Increases Position in Liberty Latin America Ltd. (NASDAQ:LILA)

Engineers Gate Manager LP lifted its holdings in Liberty Latin America Ltd. (NASDAQ:LILA – Get Rating) by 58.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,401 shares of the company’s stock after purchasing an additional 22,926 shares during the period. Engineers Gate Manager LP’s holdings in Liberty Latin America were worth $386,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of LILA. Swiss National Bank increased its stake in shares of Liberty Latin America by 4.0% in the 1st quarter. Swiss National Bank now owns 105,500 shares of the company’s stock valued at $1,023,000 after purchasing an additional 4,100 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Liberty Latin America by 24.4% in the 1st quarter. JPMorgan Chase & Co. now owns 651,770 shares of the company’s stock valued at $6,321,000 after purchasing an additional 127,768 shares in the last quarter. Raymond James & Associates increased its stake in Liberty Latin America by 2.7% during the 1st quarter. Raymond James & Associates now owns 147,509 shares of the company’s stock worth $1,431,000 after buying an additional 3,891 shares in the last quarter. Bank of Montreal Can purchased a new stake in Liberty Latin America during the 1st quarter worth approximately $94,000. Finally, Panagora Asset Management Inc. purchased a new stake in Liberty Latin America during the 1st quarter worth approximately $981,000. Hedge funds and other institutional investors own 15.27% of the company’s stock.

Liberty Latin America Price Performance

NASDAQ:LILA opened at $8.04 on Tuesday. Liberty Latin America Ltd. has a 12 month low of $5.90 and a 12 month high of $11.34. The stock has a 50 day moving average of $8.99 and a two-hundred day moving average of $7.88. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 2.98. The firm has a market cap of $1.73 billion, a P/E ratio of -10.44 and a beta of 1.34.

Liberty Latin America (NASDAQ:LILA – Get Rating) last posted its quarterly earnings data on Wednesday, February 22nd. The company reported $0.59 EPS for the quarter. Liberty Latin America had a negative return on equity of 6.49% and a negative net margin of 3.54%. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.26 billion. On average, analysts expect that Liberty Latin America Ltd. will post -0.5 earnings per share for the current fiscal year.

Liberty Latin America Company Profile

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Liberty Latin America Ltd. is a holding company, which engages in the provision of fixed, mobile, and subsea telecommunications services. It operates through the following segments: C and W Carribean, C and W Panama, Cand W Networks and LatAm, Liberty Puerto Rico, Liberty Costa Rica, and VTR. The company was founded in 2010 and is headquartered in Denver, CO.