Brendan J. Paddick Purchases 31,989 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick acquired 31,989 shares of Liberty Latin America stock in a transaction on Thursday, December 19th. The stock was purchased at an average cost of $6.20 per share, for a total transaction of $198,331.80. Following the purchase, the director now owns 1,419,507 shares in the company, valued at approximately $8,800,943.40. The trade was a 2.31 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Liberty Latin America Stock Up 3.7 %

Shares of NASDAQ:LILA opened at $6.39 on Wednesday. The company has a 50-day moving average price of $7.85 and a 200 day moving average price of $8.90. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America Ltd. has a 12 month low of $5.90 and a 12 month high of $10.81. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -2.18 and a beta of 1.04.

Analyst Upgrades and Downgrades

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.

Institutional Investors Weigh In On Liberty Latin America

Several institutional investors have recently modified their holdings of LILA. Wilmington Savings Fund Society FSB bought a new position in shares of Liberty Latin America during the 3rd quarter valued at approximately $163,000. Sanctuary Advisors LLC increased its position in Liberty Latin America by 7.8% during the third quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company’s stock valued at $654,000 after acquiring an additional 4,917 shares during the last quarter. Barclays PLC raised its stake in shares of Liberty Latin America by 81.6% in the third quarter. Barclays PLC now owns 70,419 shares of the company’s stock valued at $675,000 after acquiring an additional 31,642 shares during the period. XTX Topco Ltd lifted its holdings in shares of Liberty Latin America by 33.6% in the 3rd quarter. XTX Topco Ltd now owns 27,532 shares of the company’s stock worth $264,000 after acquiring an additional 6,918 shares during the last quarter. Finally, Zacks Investment Management purchased a new position in shares of Liberty Latin America during the 3rd quarter worth about $648,000. 18.48% of the stock is owned by institutional investors.

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.