Liberty Latin America (NASDAQ:LILA) Shares Up 2.6%

Liberty Latin America Ltd. (NASDAQ:LILA) shot up 2.6% during mid-day trading on Monday . The company traded as high as $7.46 and last traded at $7.42. 408,456 shares changed hands during trading, a decline of 9% from the average session volume of 450,945 shares. The stock had previously closed at $7.23.

Liberty Latin America Stock Performance

The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 3.29. The stock has a fifty day moving average of $6.70 and a 200-day moving average of $6.96. The stock has a market cap of $1.48 billion, a PE ratio of -27.92 and a beta of 1.18.

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

Insider Activity at Liberty Latin America

In related news, CAO Brian D. Zook sold 27,711 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were 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 in the company, valued at $235,234.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, major shareholder John C. Malone purchased 106,900 shares of Liberty Latin America stock in a transaction dated Thursday, March 28th. The stock was bought at an average cost of $6.99 per share, for a total transaction of $747,231.00. Following the transaction, the insider now owns 8,827,614 shares in the company, valued at $61,705,021.86. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Brian D. Zook sold 27,711 shares of Liberty Latin America stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $6.76, for a total transaction of $187,326.36. Following 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. Insiders bought a total of 1,220,056 shares of company stock worth $8,247,512 over the last 90 days. Company insiders own 11.35% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its stake in shares of Liberty Latin America by 6.1% during the 1st quarter. BlackRock Inc. now owns 3,306,252 shares of the company’s stock worth $27,475,000 after purchasing an additional 190,392 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Liberty Latin America by 4.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,578,155 shares of the company’s stock worth $22,559,000 after acquiring an additional 117,254 shares during the period. Vanguard Group Inc. grew its stake in Liberty Latin America by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,405,948 shares of the company’s stock worth $11,473,000 after acquiring an additional 32,603 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Liberty Latin America by 0.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,131,064 shares of the company’s stock worth $9,897,000 after acquiring an additional 5,635 shares during the period. Finally, State Street Corp grew its stake in Liberty Latin America by 2.3% in the 1st quarter. State Street Corp now owns 1,124,966 shares of the company’s stock worth $9,348,000 after acquiring an additional 25,323 shares during the period. 18.48% of the stock is owned by hedge funds and other institutional investors.

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.