17,000 Shares in Liberty Latin America Ltd. (NASDAQ:LILAK) Purchased by Cullen Investment Group LTD.

Cullen Investment Group LTD. purchased a new position in Liberty Latin America Ltd. (NASDAQ:LILAK) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 17,000 shares of the company’s stock, valued at approximately $125,000.

A number of other institutional investors have also recently bought and sold shares of the stock. CenterBook Partners LP increased its stake in Liberty Latin America by 0.7% in the 1st quarter. CenterBook Partners LP now owns 186,158 shares of the company’s stock worth $1,538,000 after purchasing an additional 1,361 shares in the last quarter. California State Teachers Retirement System boosted its position in Liberty Latin America by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 183,820 shares of the company’s stock worth $1,585,000 after acquiring an additional 1,513 shares during the period. Ancora Advisors LLC boosted its position in Liberty Latin America by 0.4% during the 3rd quarter. Ancora Advisors LLC now owns 379,641 shares of the company’s stock worth $3,098,000 after acquiring an additional 1,630 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in Liberty Latin America by 102.6% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 3,600 shares of the company’s stock worth $30,000 after acquiring an additional 1,823 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its position in Liberty Latin America by 4.9% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 40,858 shares of the company’s stock worth $352,000 after acquiring an additional 1,900 shares during the period. Hedge funds and other institutional investors own 52.98% of the company’s stock.

Liberty Latin America Price Performance

Shares of LILAK stock opened at $7.25 on Wednesday. The stock has a market cap of $1.49 billion, a P/E ratio of -27.88 and a beta of 1.17. Liberty Latin America Ltd. has a one year low of $5.95 and a one year high of $9.73. The stock has a fifty day moving average price of $6.75 and a 200 day moving average price of $7.00.

Liberty Latin America (NASDAQ:LILAK) last issued its quarterly earnings data on Thursday, February 22nd. The company reported ($0.49) earnings per share (EPS) for the quarter. The business had revenue of $1.16 billion during the quarter.

Insider Activity

In other news, CAO Brian D. Zook sold 27,711 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $6.76, for a total value of $187,326.36. Following the completion of the sale, the chief accounting officer now directly owns 34,798 shares in the company, valued at $235,234.48. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, major shareholder John C. Malone acquired 484,673 shares of the stock in a transaction that occurred on Friday, March 22nd. The stock was purchased at an average cost of $6.72 per share, for a total transaction of $3,257,002.56. Following the completion of the transaction, the insider now directly owns 8,360,255 shares in the company, valued at $56,180,913.60. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Brian D. Zook sold 27,711 shares of Liberty Latin America stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $6.76, for a total value of $187,326.36. Following the completion of the sale, the chief accounting officer now owns 34,798 shares of the company’s stock, valued at $235,234.48. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 1,220,056 shares of company stock worth $8,247,512. 9.66% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com lowered Liberty Latin America from a “buy” rating to a “hold” rating in a report on Friday, March 8th.

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.