Liberty Latin America Ltd. (NASDAQ:LILAK - Get Free Report) Director Brendan J. Paddick purchased 18,011 shares of the business's stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of $6.12 per share, with a total value of $110,227.32. Following the acquisition, the director now 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 position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
LILAK traded down $0.10 on Monday, hitting $6.13. The company had a trading volume of 1,147,163 shares, compared to its average volume of 1,014,704. The company's fifty day moving average price is $7.90 and its 200 day moving average price is $8.92. Liberty Latin America Ltd. has a 1 year low of $5.95 and a 1 year high of $10.93. 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 firm has a market cap of $1.21 billion, a P/E ratio of -2.09 and a beta of 1.04.
LILAK has been the subject of several analyst reports. The Goldman Sachs Group dropped their target price on Liberty Latin America from $10.50 to $7.50 and set a "neutral" rating for the company in a report on Wednesday, December 4th. Scotiabank cut their price objective on shares of Liberty Latin America from $9.40 to $8.30 and set a "sector outperform" rating for the company in a research report on Friday, November 8th.
Read Our Latest Report on Liberty Latin America
A number of institutional investors and hedge funds have recently made changes to their positions in LILAK. FMR LLC raised its holdings in shares of Liberty Latin America by 69.2% in the 3rd quarter. FMR LLC now owns 15,600,000 shares of the company's stock valued at $148,044,000 after buying an additional 6,379,203 shares during the period. Geode Capital Management LLC grew its holdings in shares of Liberty Latin America by 1.2% in the third quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company's stock valued at $32,073,000 after purchasing an additional 39,711 shares in the last quarter. State Street Corp increased its stake in Liberty Latin America by 0.4% during the 3rd 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. lifted its holdings in Liberty Latin America by 24.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,060,558 shares of the company's stock worth $29,045,000 after buying an additional 600,689 shares in the last quarter. Finally, Banco Santander S.A. purchased a new position in Liberty Latin America in the 2nd quarter valued at approximately $13,188,000. 52.98% of the stock is owned by hedge funds and other institutional investors.
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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