Liberty Latin America Ltd. (NASDAQ:LILA) Stock Position Reduced by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 4.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,347,740 shares of the company’s stock after selling 108,632 shares during the period. Dimensional Fund Advisors LP owned about 1.19% of Liberty Latin America worth $22,561,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. TFO Wealth Partners LLC grew its stake in shares of 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 bought a new position in Liberty Latin America during the second quarter valued at about $122,000. BNP Paribas Financial Markets boosted its stake in shares of Liberty Latin America by 80.8% during the 1st quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company’s stock worth $117,000 after acquiring an additional 7,494 shares in the last quarter. Principal Financial Group Inc. acquired a new position in shares of Liberty Latin America during the 1st quarter valued at about $144,000. Finally, DekaBank Deutsche Girozentrale boosted its position 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 Stock Performance

LILA opened at $9.57 on Friday. The stock has a market cap of $1.89 billion, a PE ratio of -319.00 and a beta of 1.14. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year high of $10.81. The stock’s 50 day simple moving average is $9.61 and its 200-day simple moving average is $8.78. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 3.46.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter. The business had revenue of $1.12 billion during 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 company earned $0.17 EPS. Sell-side analysts forecast that Liberty Latin America Ltd. will post -0.15 EPS for the current year.

Insider Transactions at Liberty Latin America

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

Analyst Ratings Changes

Several research analysts recently commented 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 cut Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 4th.

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.