Liberty Latin America Ltd. (NASDAQ:LILA) Shares Sold by Hosking Partners LLP

Hosking Partners LLP lowered its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 12.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,043 shares of the company’s stock after selling 10,488 shares during the period. Hosking Partners LLP’s holdings in Liberty Latin America were worth $731,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gamco Investors INC. ET AL boosted its position in shares of Liberty Latin America by 21.3% during the first quarter. Gamco Investors INC. ET AL now owns 465,241 shares of the company’s stock worth $3,243,000 after buying an additional 81,627 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Liberty Latin America by 80.8% during the 1st quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company’s stock worth $117,000 after acquiring an additional 7,494 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Liberty Latin America by 304.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock worth $149,000 after purchasing an additional 16,215 shares during the last quarter. Principal Financial Group Inc. bought a new stake in shares of Liberty Latin America in the first quarter valued at about $144,000. Finally, Vanguard Group Inc. boosted its holdings in Liberty Latin America by 2.0% during the first quarter. Vanguard Group Inc. now owns 1,294,672 shares of the company’s stock valued at $9,024,000 after purchasing an additional 24,840 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LILA has been the topic of several research reports. The Goldman Sachs Group boosted their target price on Liberty Latin America from $8.40 to $9.30 and gave the company a “buy” rating in a research note on Tuesday, May 28th. Scotiabank downgraded Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. Finally, Barclays decreased their price target on shares of Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 7th.

Liberty Latin America Stock Down 1.4 %

Shares of LILA stock traded down $0.13 during mid-day trading on Thursday, hitting $9.40. 213,962 shares of the stock traded hands, compared to its average volume of 388,588. The company has a debt-to-equity ratio of 3.33, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $1.85 billion, a P/E ratio of -313.33 and a beta of 1.14. Liberty Latin America Ltd. has a 52-week low of $5.90 and a 52-week high of $10.81. The stock’s fifty day moving average is $9.61 and its two-hundred day moving average is $8.23.

Liberty Latin America (NASDAQ:LILA) last announced its earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Liberty Latin America had a negative return on equity of 0.23% and a negative net margin of 0.12%. During the same period last year, the firm earned $0.17 EPS. Equities analysts predict that Liberty Latin America Ltd. will post -0.09 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Brian D. Zook sold 26,197 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $9.58, for a total transaction of $250,967.26. Following the transaction, the chief accounting officer now directly owns 28,788 shares of the company’s stock, valued at $275,789.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Liberty Latin America news, insider Dustin Henderson sold 5,906 shares of the firm’s stock in a transaction that occurred on Tuesday, July 16th. The stock was 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Brian D. Zook sold 26,197 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $9.58, for a total transaction of $250,967.26. Following the completion of the sale, the chief accounting officer now directly owns 28,788 shares in the company, valued at approximately $275,789.04. The disclosure for this sale can be found here. 11.35% of the stock is currently owned by company insiders.

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.