Liberty Latin America Ltd. (NASDAQ:LILA) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd grew its stake in Liberty Latin America Ltd. (NASDAQ:LILA) by 78.2% in the second quarter, Holdings Channel.com reports. The firm owned 20,614 shares of the company’s stock after acquiring an additional 9,045 shares during the quarter. XTX Topco Ltd’s holdings in Liberty Latin America were worth $198,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. TFO Wealth Partners LLC grew its holdings in Liberty Latin America by 17,797.6% in the 4th quarter. TFO Wealth Partners LLC now owns 7,338 shares of the company’s stock valued at $54,000 after buying an additional 7,297 shares in the last quarter. Ground Swell Capital LLC purchased a new stake in shares of Liberty Latin America in the second quarter valued at about $122,000. BNP Paribas Financial Markets grew its holdings in shares of 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 purchasing an additional 7,494 shares during the period. Principal Financial Group Inc. acquired a new stake in Liberty Latin America during the first quarter worth about $144,000. Finally, DekaBank Deutsche Girozentrale raised its stake in Liberty Latin America by 304.6% during the first quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock worth $149,000 after purchasing an additional 16,215 shares during the period. Institutional investors and hedge funds own 18.48% of the company’s stock.

Liberty Latin America Price Performance

Shares of LILA opened at $9.87 on Monday. The firm has a 50-day simple moving average of $9.63 and a two-hundred day simple moving average of $8.72. The company has a debt-to-equity ratio of 3.46, a current ratio of 1.09 and a quick ratio of 1.09. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $10.81. The stock has a market cap of $1.95 billion, a PE ratio of -329.00 and a beta of 1.14.

Liberty Latin America (NASDAQ:LILA) last announced its earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter. Liberty Latin America had a negative net margin of 1.91% and a negative return on equity of 3.75%. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the firm earned $0.17 EPS. As a group, analysts forecast that Liberty Latin America Ltd. will post -0.15 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Scotiabank downgraded shares of 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 research report on Wednesday, September 4th.

Insider Activity at Liberty Latin America

In related news, CAO Brian D. Zook sold 26,197 shares of the firm’s 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 transaction, the chief accounting officer now directly owns 28,788 shares in the company, valued at approximately $275,789.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Liberty Latin America news, CAO Brian D. Zook sold 26,197 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $9.58, for a total transaction of $250,967.26. Following the sale, the chief accounting officer now directly owns 28,788 shares in the company, valued at approximately $275,789.04. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Dustin Henderson sold 5,906 shares of the business’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $10.00, for a total transaction of $59,060.00. Following the completion of the transaction, the insider now owns 1,600 shares of the company’s stock, valued at approximately $16,000. The disclosure for this sale can be found here. Company insiders own 11.35% of the company’s stock.

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.