Liberty Latin America Ltd. (NASDAQ:LILA) Insider Dustin Henderson Sells 5,906 Shares

Liberty Latin America Ltd. (NASDAQ:LILA) insider Dustin Henderson sold 5,906 shares of Liberty Latin America stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $10.00, for a total value of $59,060.00. Following the completion of the sale, the insider now owns 1,600 shares in the company, valued at approximately $16,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Liberty Latin America Trading Down 0.2 %

LILA traded down $0.02 during mid-day trading on Wednesday, hitting $10.02. 13,190 shares of the stock were exchanged, compared to its average volume of 411,386. The firm’s fifty day moving average is $8.91 and its two-hundred day moving average is $7.65. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $10.07. The company has a market cap of $1.98 billion, a PE ratio of -334.56 and a beta of 1.14. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.33.

Liberty Latin America (NASDAQ:LILA) last issued its quarterly earnings results on Tuesday, May 7th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.16). Liberty Latin America had a negative return on equity of 0.23% and a negative net margin of 0.12%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company posted ($0.23) EPS. Equities analysts forecast that Liberty Latin America Ltd. will post -0.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on LILA. Barclays reduced their price objective on shares of Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 7th. The Goldman Sachs Group boosted their price target on shares of Liberty Latin America from $8.40 to $9.30 and gave the company a “buy” rating in a research note on Tuesday, May 28th.

Hedge Funds Weigh In On Liberty Latin America

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LILA. DekaBank Deutsche Girozentrale purchased a new stake in shares of Liberty Latin America during the fourth quarter worth $38,000. TFO Wealth Partners LLC grew its stake in Liberty Latin America by 17,797.6% during the 4th quarter. TFO Wealth Partners LLC now owns 7,338 shares of the company’s stock worth $54,000 after purchasing an additional 7,297 shares in the last quarter. Cullen Investment Group LTD. purchased a new stake in Liberty Latin America during the 4th quarter worth about $86,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Liberty Latin America by 38.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,545 shares of the company’s stock valued at $114,000 after purchasing an additional 4,322 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Liberty Latin America by 80.8% in the 1st quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company’s stock valued at $117,000 after purchasing an additional 7,494 shares in the last quarter. Hedge funds and other institutional investors own 18.48% of the company’s stock.

About Liberty Latin America

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.