Liberty Latin America (NASDAQ:LILA) Shares Down 4.4% – What’s Next?

Shares of Liberty Latin America Ltd. (NASDAQ:LILA) were down 4.4% during trading on Tuesday . The stock traded as low as $7.10 and last traded at $7.05. Approximately 56,270 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 340,930 shares. The stock had previously closed at $7.37.

Liberty Latin America Price Performance

The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The business’s 50-day simple moving average is $6.64 and its two-hundred day simple moving average is $8.12. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of -2.33 and a beta of 1.03.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Liberty Latin America had a negative return on equity of 27.22% and a negative net margin of 13.02%. As a group, research analysts expect that Liberty Latin America Ltd. will post -2.43 EPS for the current fiscal year.

Insider Transactions at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick purchased 5,053 shares of the business’s stock in a transaction on Friday, November 29th. The shares were purchased at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the acquisition, the director now owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. This represents a 0.38 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders acquired 156,298 shares of company stock valued at $1,043,886. Corporate insiders own 11.35% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of LILA. Dimensional Fund Advisors LP increased its stake in Liberty Latin America by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,454,942 shares of the company’s stock valued at $15,613,000 after purchasing an additional 24,752 shares in the last quarter. FMR LLC grew its stake in shares of Liberty Latin America by 60,327.0% in the 3rd quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after buying an additional 2,157,293 shares during the period. Gamco Investors INC. ET AL increased its position in Liberty Latin America by 3.0% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,056,713 shares of the company’s stock valued at $6,721,000 after buying an additional 30,537 shares in the last quarter. Banco Santander S.A. raised its stake in Liberty Latin America by 2.1% during the 4th quarter. Banco Santander S.A. now owns 816,900 shares of the company’s stock worth $5,195,000 after buying an additional 16,900 shares during the period. Finally, Gabelli Funds LLC raised its stake in Liberty Latin America by 1.7% during the 4th quarter. Gabelli Funds LLC now owns 761,718 shares of the company’s stock worth $4,845,000 after buying an additional 13,000 shares during the period. Institutional investors and hedge funds own 18.48% of the company’s stock.

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.