16,109 Shares in Liberty Latin America Ltd. (NASDAQ:LILAK) Purchased by EntryPoint Capital LLC

EntryPoint Capital LLC bought a new stake in Liberty Latin America Ltd. (NASDAQ:LILAK) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 16,109 shares of the company’s stock, valued at approximately $102,000.

Several other hedge funds have also made changes to their positions in the company. KLP Kapitalforvaltning AS purchased a new position in shares of Liberty Latin America during the 4th quarter worth $183,000. Virtu Financial LLC lifted its position in Liberty Latin America by 58.5% in the fourth quarter. Virtu Financial LLC now owns 98,671 shares of the company’s stock valued at $626,000 after buying an additional 36,433 shares during the last quarter. Net Worth Advisory Group purchased a new position in Liberty Latin America during the fourth quarter worth about $112,000. Edgestream Partners L.P. acquired a new stake in shares of Liberty Latin America during the fourth quarter valued at about $3,177,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Liberty Latin America in the 4th quarter valued at approximately $209,000. Hedge funds and other institutional investors own 52.98% of the company’s stock.

Liberty Latin America Trading Down 5.7 %

Shares of NASDAQ:LILAK opened at $6.33 on Monday. Liberty Latin America Ltd. has a 52 week low of $5.88 and a 52 week high of $10.93. The company’s 50 day moving average is $6.73 and its two-hundred day moving average is $7.53. The company has a market cap of $1.25 billion, a PE ratio of -1.90 and a beta of 1.01. 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 (NASDAQ:LILAK) last posted its earnings results on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.15 by ($1.05). The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group dropped their target price on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a report on Wednesday, December 4th.

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.