Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick Purchases 18,011 Shares

Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick acquired 18,011 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the acquisition, the director now directly owns 1,437,518 shares of the company’s stock, valued at approximately $8,797,610.16. The trade was a 1.27 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Liberty Latin America Stock Performance

Shares of Liberty Latin America stock opened at $6.35 on Wednesday. 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 fifty day moving average price is $7.77 and its 200 day moving average price is $8.88. Liberty Latin America Ltd. has a twelve month low of $5.95 and a twelve month high of $10.93.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Scotiabank decreased their price target on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a research note on Friday, November 8th. The Goldman Sachs Group decreased their target price on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a research report on Wednesday, December 4th.

Institutional Trading of Liberty Latin America

A number of institutional investors have recently modified their holdings of the company. FMR LLC boosted its position in Liberty Latin America by 69.2% during the 3rd quarter. FMR LLC now owns 15,600,000 shares of the company’s stock worth $148,044,000 after purchasing an additional 6,379,203 shares during the period. Geode Capital Management LLC lifted its stake in shares of Liberty Latin America by 1.2% during the third quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company’s stock worth $32,073,000 after purchasing an additional 39,711 shares in the last quarter. State Street Corp boosted its position in shares of Liberty Latin America by 0.4% in the third quarter. State Street Corp now owns 3,290,866 shares of the company’s stock worth $31,230,000 after buying an additional 11,510 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Liberty Latin America by 24.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,060,558 shares of the company’s stock valued at $29,045,000 after buying an additional 600,689 shares in the last quarter. Finally, Banco Santander S.A. purchased a new stake in shares of Liberty Latin America during the 2nd quarter valued at about $13,188,000. Hedge funds and other institutional investors own 52.98% 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.