SG Americas Securities LLC Purchases 3,823 Shares of Liberty Latin America Ltd. (NASDAQ:LILA)

SG Americas Securities LLC raised its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 23.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,001 shares of the company’s stock after acquiring an additional 3,823 shares during the period. SG Americas Securities LLC’s holdings in Liberty Latin America were worth $146,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. acquired a new position in shares of Liberty Latin America during the first quarter valued at about $25,000. Tower Research Capital LLC TRC increased its holdings in shares of Liberty Latin America by 62.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,769 shares of the company’s stock worth $33,000 after buying an additional 1,451 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Liberty Latin America by 62.3% during the second quarter. Royal Bank of Canada now owns 4,192 shares of the company’s stock worth $36,000 after buying an additional 1,609 shares in the last quarter. Ensign Peak Advisors Inc acquired a new stake in shares of Liberty Latin America during the third quarter worth approximately $46,000. Finally, FMR LLC increased its holdings in shares of Liberty Latin America by 78.5% during the first quarter. FMR LLC now owns 6,526 shares of the company’s stock worth $54,000 after buying an additional 2,871 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Paul A. Gould purchased 200,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were acquired at an average cost of $6.47 per share, with a total value of $1,294,000.00. Following the completion of the purchase, the director now directly owns 445,916 shares of the company’s stock, valued at $2,885,076.52. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Liberty Latin America news, CAO Brian D. Zook sold 27,711 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $6.76, for a total value of $187,326.36. Following the transaction, the chief accounting officer now directly owns 34,798 shares of the company’s stock, valued at $235,234.48. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul A. Gould acquired 200,000 shares of Liberty Latin America stock in a transaction on Wednesday, March 20th. The stock was acquired at an average cost of $6.47 per share, for a total transaction of $1,294,000.00. Following the completion of the purchase, the director now owns 445,916 shares of the company’s stock, valued at approximately $2,885,076.52. The disclosure for this purchase can be found here. Insiders have purchased 1,220,056 shares of company stock valued at $8,247,512 over the last three months. 11.35% of the stock is owned by insiders.

Liberty Latin America Stock Performance

NASDAQ LILA opened at $7.26 on Wednesday. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of -27.92 and a beta of 1.18. The company has a 50 day moving average of $6.70 and a 200-day moving average of $6.96. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 3.29. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $9.85.

Liberty Latin America (NASDAQ:LILA) last released its quarterly earnings results on Thursday, February 22nd. The company reported ($0.49) EPS for the quarter. Liberty Latin America had a negative net margin of 1.21% and a negative return on equity of 2.26%. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. On average, equities analysts forecast that Liberty Latin America Ltd. will post -0.64 earnings per share for the current fiscal year.

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.