Brendan J. Paddick Buys 35,475 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK) Stock

Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick purchased 35,475 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was bought at an average price of $7.04 per share, with a total value of $249,744.00. Following the acquisition, the director now owns 1,273,443 shares in the company, valued at $8,965,038.72. This trade represents a 2.87 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Liberty Latin America Price Performance

Shares of LILAK stock traded down $0.10 on Friday, hitting $6.91. 639,771 shares of the stock traded hands, compared to its average volume of 1,001,147. The company has a market capitalization of $1.36 billion, a PE ratio of -2.39 and a beta of 1.12. Liberty Latin America Ltd. has a 1-year low of $5.95 and a 1-year high of $10.93. The company’s fifty day moving average is $8.79 and its 200 day moving average is $9.13.

Institutional Investors Weigh In On Liberty Latin America

Institutional investors and hedge funds have recently made changes to their positions in the company. nVerses Capital LLC acquired a new stake in shares of Liberty Latin America during the 3rd quarter valued at approximately $55,000. Quantinno Capital Management LP acquired a new stake in Liberty Latin America in the third quarter worth $125,000. Algert Global LLC acquired a new stake in Liberty Latin America in the second quarter worth $126,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Liberty Latin America by 29.9% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,691 shares of the company’s stock worth $132,000 after buying an additional 3,150 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in Liberty Latin America in the third quarter worth $187,000. 52.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LILAK has been the subject of a number of analyst reports. Pivotal Research decreased their price target on Liberty Latin America from $18.00 to $15.00 and set a “buy” rating for the company in a report on Monday, August 12th. The Goldman Sachs Group reiterated a “neutral” rating and set a $10.50 target price (up from $9.30) on shares of Liberty Latin America in a research note on Wednesday, September 4th. StockNews.com cut Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. Finally, Scotiabank reduced their target price on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research note on Friday, November 8th.

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.