Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) Director Brendan J. Paddick acquired 31,514 shares of the company's stock in a transaction on Wednesday, December 4th. The shares were acquired at an average cost of $6.71 per share, for a total transaction of $211,458.94. Following the completion of the acquisition, the director now owns 1,940,094 shares of the company's stock, valued at approximately $13,018,030.74. The trade was a 1.65 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Liberty Latin America Stock Down 2.3 %
Shares of Liberty Latin America stock opened at $6.84 on Thursday. Liberty Latin America Ltd. has a 12-month low of $5.90 and a 12-month high of $10.81. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The company's 50-day moving average price is $8.69 and its 200-day moving average price is $9.12.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded shares of Liberty Latin America from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 4th.
View Our Latest Report on LILA
Institutional Investors Weigh In On Liberty Latin America
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A number of institutional investors and hedge funds have recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Latin America in the third quarter worth about $163,000. Sanctuary Advisors LLC lifted its holdings in shares of Liberty Latin America by 7.8% in the third quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company's stock worth $654,000 after buying an additional 4,917 shares in the last quarter. Barclays PLC lifted its holdings in shares of Liberty Latin America by 81.6% in the third quarter. Barclays PLC now owns 70,419 shares of the company's stock worth $675,000 after buying an additional 31,642 shares in the last quarter. XTX Topco Ltd lifted its holdings in shares of Liberty Latin America by 33.6% in the third quarter. XTX Topco Ltd now owns 27,532 shares of the company's stock worth $264,000 after buying an additional 6,918 shares in the last quarter. Finally, Zacks Investment Management bought a new position in shares of Liberty Latin America in the third quarter worth approximately $648,000. 18.48% of the stock is owned by hedge funds and other institutional investors.
About Liberty Latin America
(
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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.
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