Centiva Capital LP Takes $241,000 Position in Liberty Latin America Ltd. (NASDAQ:LILA)

Centiva Capital LP bought a new position in Liberty Latin America Ltd. (NASDAQ:LILA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,197 shares of the company’s stock, valued at approximately $241,000.

Other hedge funds also recently bought and sold shares of the company. FMR LLC raised its holdings in shares of Liberty Latin America by 60,327.0% during the third quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after acquiring an additional 2,157,293 shares in the last quarter. Banco Santander S.A. purchased a new position in Liberty Latin America during the 2nd quarter valued at $5,203,000. State of New Jersey Common Pension Fund D bought a new position in Liberty Latin America in the 2nd quarter worth $2,073,000. Virtu Financial LLC lifted its position in shares of Liberty Latin America by 173.1% in the 2nd quarter. Virtu Financial LLC now owns 332,077 shares of the company’s stock worth $3,191,000 after purchasing an additional 210,483 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in shares of Liberty Latin America during the 2nd quarter valued at about $608,000. Hedge funds and other institutional investors own 18.48% of the company’s stock.

Liberty Latin America Price Performance

LILA opened at $6.94 on Thursday. 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 company has a market cap of $1.37 billion, a price-to-earnings ratio of -2.37 and a beta of 1.04. The stock has a fifty day simple moving average of $8.40 and a two-hundred day simple moving average of $9.05. Liberty Latin America Ltd. has a 12-month low of $5.90 and a 12-month high of $10.81.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 4th.

Insider Buying and Selling

In other news, Director Brendan J. Paddick purchased 35,475 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were bought at an average price of $7.04 per share, for a total transaction of $249,744.00. Following the purchase, the director now directly owns 1,273,443 shares in the company, valued at approximately $8,965,038.72. This trade represents a 2.87 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired a total of 106,298 shares of company stock worth $735,327 in the last three months. 11.35% of the stock is owned by corporate insiders.

Liberty Latin America Company 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.