Liberty Latin America Ltd. (NASDAQ:LILAK - Get Free Report) Director Brendan J. Paddick purchased 5,053 shares of Liberty Latin America stock in a transaction that occurred on Friday, November 29th. The stock was acquired at an average cost of $6.93 per share, with a total value of $35,017.29. Following the acquisition, the director now directly owns 1,343,021 shares of the company's stock, valued at $9,307,135.53. The trade was a 0.38 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
Liberty Latin America Price Performance
Liberty Latin America stock opened at $6.91 on Friday. Liberty Latin America Ltd. has a 12 month low of $5.95 and a 12 month high of $10.93. The company has a fifty day moving average price of $8.79 and a two-hundred day moving average price of $9.13. The company has a market cap of $1.36 billion, a PE ratio of -2.39 and a beta of 1.12.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. StockNews.com cut Liberty Latin America from a "buy" rating to a "hold" rating in a research note on Thursday, August 15th. Pivotal Research decreased their price objective on shares of 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 restated a "neutral" rating and issued a $10.50 target price (up previously from $9.30) on shares of Liberty Latin America in a research note on Wednesday, September 4th. Finally, Scotiabank decreased their price target 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.
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Check Out Our Latest Stock Analysis on Liberty Latin America
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. nVerses Capital LLC acquired a new position in Liberty Latin America during the 3rd quarter valued at approximately $55,000. Quantinno Capital Management LP acquired a new position in shares of Liberty Latin America during the third quarter valued at $125,000. Algert Global LLC acquired a new position in shares of Liberty Latin America during the second quarter valued at $126,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Liberty Latin America by 29.9% during 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 acquiring an additional 3,150 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new stake in shares of Liberty Latin America in the 3rd quarter worth about $187,000. 52.98% of the stock is owned by institutional investors and hedge funds.
About Liberty Latin America
(
Get Free Report)
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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