Liberty Latin America Ltd. (NASDAQ:LILAK) Shares Bought by Voloridge Investment Management LLC

Voloridge Investment Management LLC grew its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 78.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 230,554 shares of the company’s stock after purchasing an additional 101,601 shares during the period. Voloridge Investment Management LLC’s holdings in Liberty Latin America were worth $1,462,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Liberty Latin America by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,769 shares of the company’s stock worth $468,000 after purchasing an additional 2,798 shares during the period. Invesco Ltd. increased its stake in Liberty Latin America by 0.7% in the 4th quarter. Invesco Ltd. now owns 639,448 shares of the company’s stock valued at $4,054,000 after purchasing an additional 4,233 shares in the last quarter. KBC Group NV increased its stake in Liberty Latin America by 62.5% in the 4th quarter. KBC Group NV now owns 11,879 shares of the company’s stock valued at $75,000 after purchasing an additional 4,571 shares in the last quarter. Principal Financial Group Inc. increased its stake in Liberty Latin America by 8.0% in the 4th quarter. Principal Financial Group Inc. now owns 68,880 shares of the company’s stock valued at $437,000 after purchasing an additional 5,109 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new position in Liberty Latin America in the 4th quarter valued at approximately $41,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, CEO Balan Nair acquired 22,779 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the acquisition, the chief executive officer now directly owns 1,651,001 shares of the company’s stock, valued at $7,247,894.39. This trade represents a 1.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Christopher J. Noyes acquired 8,000 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of $4.53 per share, for a total transaction of $36,240.00. Following the acquisition, the chief financial officer now directly owns 231,621 shares of the company’s stock, valued at approximately $1,049,243.13. The trade was a 3.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. 9.66% of the stock is owned by insiders.

Liberty Latin America Stock Performance

NASDAQ LILAK opened at $5.02 on Thursday. Liberty Latin America Ltd. has a 1-year low of $4.23 and a 1-year high of $10.93. The company has a market capitalization of $1.00 billion, a P/E ratio of -1.50 and a beta of 0.92. The business has a 50 day moving average price of $5.46 and a 200 day moving average price of $6.27. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06.

Liberty Latin America (NASDAQ:LILAK) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.55). The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Tuesday, May 20th.

Liberty Latin America 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.