12,558 Shares in Liberty Latin America Ltd. (NASDAQ:LILA) Bought by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 12,558 shares of the company’s stock, valued at approximately $120,000.

Several other hedge funds have also recently modified their holdings of LILA. Gamco Investors INC. ET AL lifted its holdings in Liberty Latin America by 21.3% in the first quarter. Gamco Investors INC. ET AL now owns 465,241 shares of the company’s stock valued at $3,243,000 after acquiring an additional 81,627 shares during the period. Sanctuary Advisors LLC acquired a new stake in Liberty Latin America in the second quarter valued at $608,000. Banco Santander S.A. acquired a new stake in Liberty Latin America in the second quarter valued at $5,203,000. State of New Jersey Common Pension Fund D acquired a new stake in Liberty Latin America in the second quarter valued at $2,073,000. Finally, BNP Paribas Financial Markets lifted its holdings in Liberty Latin America by 80.8% in the first quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company’s stock valued at $117,000 after acquiring an additional 7,494 shares during the period. 18.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on LILA. Scotiabank downgraded Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 18th. The Goldman Sachs Group downgraded Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 4th.

Insider Transactions at Liberty Latin America

In related news, CAO Brian D. Zook sold 26,197 shares of Liberty Latin America stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $9.58, for a total transaction of $250,967.26. Following the completion of the sale, the chief accounting officer now owns 28,788 shares in the company, valued at approximately $275,789.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 11.35% of the company’s stock.

Liberty Latin America Trading Up 1.1 %

NASDAQ:LILA opened at $9.95 on Friday. The company has a market capitalization of $1.95 billion, a PE ratio of -23.69 and a beta of 1.13. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 3.46. Liberty Latin America Ltd. has a 52-week low of $5.90 and a 52-week high of $10.81. The stock has a fifty day simple moving average of $9.58 and a 200-day simple moving average of $9.11.

Liberty Latin America (NASDAQ:LILA) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Liberty Latin America had a negative return on equity of 3.75% and a negative net margin of 1.91%. During the same period last year, the firm earned $0.17 EPS. On average, equities research analysts expect that Liberty Latin America Ltd. will post -0.15 earnings per share for the current fiscal year.

About Liberty Latin America

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.