Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick Purchases 18,011 Shares

Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick bought 18,011 shares of the stock in a transaction on Monday, December 23rd. The stock was purchased at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the completion of the purchase, the director now directly owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This represents a 1.27 % 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 Performance

Liberty Latin America stock opened at $6.13 on Tuesday. Liberty Latin America Ltd. has a fifty-two week low of $5.95 and a fifty-two week high of $10.93. The firm’s fifty day moving average price is $7.83 and its 200-day moving average price is $8.90. The stock has a market cap of $1.21 billion, a P/E ratio of -2.09 and a beta of 1.04. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06.

Institutional Investors Weigh In On Liberty Latin America

A number of large investors have recently added to or reduced their stakes in the company. FMR LLC raised its stake in shares of Liberty Latin America by 69.2% during the third quarter. FMR LLC now owns 15,600,000 shares of the company’s stock worth $148,044,000 after acquiring an additional 6,379,203 shares in the last quarter. Geode Capital Management LLC raised its position in Liberty Latin America by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company’s stock worth $32,073,000 after purchasing an additional 39,711 shares during the period. State Street Corp boosted its position in Liberty Latin America by 0.4% during the third quarter. State Street Corp now owns 3,290,866 shares of the company’s stock valued at $31,230,000 after buying an additional 11,510 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Liberty Latin America by 24.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,060,558 shares of the company’s stock valued at $29,045,000 after buying an additional 600,689 shares during the period. Finally, Banco Santander S.A. bought a new position in shares of Liberty Latin America during the second quarter valued at about $13,188,000. Hedge funds and other institutional investors own 52.98% of the company’s stock.

Analysts Set New Price Targets

LILAK has been the topic of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. Scotiabank lowered their price target on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a report on Friday, November 8th.

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.