Liberty Latin America Ltd. (NASDAQ:LILA) Shares Sold by State Street Corp

State Street Corp reduced its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 949,893 shares of the company’s stock after selling 47,276 shares during the period. State Street Corp’s holdings in Liberty Latin America were worth $9,100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. FMR LLC boosted its holdings in shares of Liberty Latin America by 60,327.0% in the third quarter. FMR LLC now owns 2,160,869 shares of the company’s stock worth $20,701,000 after buying an additional 2,157,293 shares during the period. Banco Santander S.A. lifted its position in shares of Liberty Latin America by 47.8% in the 3rd quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock valued at $7,664,000 after acquiring an additional 258,631 shares in the last quarter. Virtu Financial LLC boosted its stake in 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. Mackenzie Financial Corp grew its position in Liberty Latin America by 0.9% during the 2nd quarter. Mackenzie Financial Corp now owns 230,571 shares of the company’s stock worth $2,216,000 after purchasing an additional 2,007 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D acquired a new stake in Liberty Latin America during the 2nd quarter valued at $2,073,000. 18.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Liberty Latin America Trading Up 0.5 %

Shares of LILA stock opened at $6.42 on Friday. 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 PE ratio of -2.19 and a beta of 1.04. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The business’s 50 day moving average is $7.77 and its two-hundred day moving average is $8.89.

Insider Buying and Selling

In other news, Director Brendan J. Paddick acquired 18,011 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were bought at an average price of $6.12 per share, with a total value of $110,227.32. Following the acquisition, the director now owns 1,437,518 shares of the company’s stock, valued at $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have purchased 156,298 shares of company stock valued at $1,043,886. 11.35% of the stock is owned by company 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.