Liberty Latin America (NASDAQ:LILA) SVP John Winter Buys 5,071 Shares of Stock

Liberty Latin America Ltd. (NASDAQ:LILA) SVP John Winter purchased 5,071 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average price of $19.67 per share, with a total value of $99,746.57. Following the completion of the purchase, the senior vice president owned 64,547 shares in the company, valued at $1,269,639.49. This represents a 8.53% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Liberty Latin America Stock Up 1.4%

LILA traded up $0.11 during midday trading on Tuesday, reaching $7.84. The company’s stock had a trading volume of 970,285 shares, compared to its average volume of 469,128. Liberty Latin America Ltd. has a 1 year low of $4.77 and a 1 year high of $9.04. The stock’s 50-day moving average is $7.58 and its 200-day moving average is $7.75. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of -3.16 and a beta of 0.74. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.74.

Liberty Latin America (NASDAQ:LILA) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.14). Liberty Latin America had a negative return on equity of 45.66% and a negative net margin of 11.20%.The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. As a group, research analysts expect that Liberty Latin America Ltd. will post -0.22 EPS for the current year.

Institutional Investors Weigh In On Liberty Latin America

Several large investors have recently bought and sold shares of the business. AQR Capital Management LLC purchased a new position in Liberty Latin America in the 1st quarter worth about $104,000. Empowered Funds LLC boosted its holdings in shares of Liberty Latin America by 7.3% during the 1st quarter. Empowered Funds LLC now owns 214,637 shares of the company’s stock valued at $1,359,000 after acquiring an additional 14,547 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Liberty Latin America by 230.6% in the first quarter. Jane Street Group LLC now owns 49,660 shares of the company’s stock worth $314,000 after acquiring an additional 34,640 shares during the period. Strs Ohio bought a new stake in shares of Liberty Latin America in the first quarter worth approximately $34,000. Finally, Geode Capital Management LLC raised its holdings in shares of Liberty Latin America by 12.2% during the second quarter. Geode Capital Management LLC now owns 662,784 shares of the company’s stock valued at $4,042,000 after purchasing an additional 71,873 shares during the last quarter. 18.48% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on LILA shares. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Latin America in a research note on Tuesday, April 21st. Morgan Stanley set a $7.00 price target on shares of Liberty Latin America in a report on Friday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $10.00.

Liberty Latin America Company Profile

Liberty Latin America is a telecommunications company that provides video, broadband internet, telephony and mobile services across Latin America and the Caribbean. The company’s operations span consumer and business markets, offering cable television packages, high-speed broadband connections, fixed-line voice services and wireless data plans. Through its brands, including Flow in several Caribbean territories and VTR in Chile, Liberty Latin America focuses on delivering converged digital solutions designed to meet both residential and enterprise needs.

Formed in 2018 as a spin-off from Liberty Global, Liberty Latin America built its initial footprint by integrating legacy assets acquired from Cable & Wireless Communications and Columbus Communications.