BNP Paribas Financial Markets grew its stake in Liberty Latin America Ltd. (NASDAQ:LILA – Free Report) by 48.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,399 shares of the company’s stock after buying an additional 6,999 shares during the period. BNP Paribas Financial Markets’ holdings in Liberty Latin America were worth $205,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in shares of Liberty Latin America in the 2nd quarter valued at approximately $608,000. Banco Santander S.A. raised its position in shares of Liberty Latin America by 47.8% in the third quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock valued at $7,664,000 after purchasing an additional 258,631 shares during the period. FMR LLC lifted its stake 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 last quarter. State of New Jersey Common Pension Fund D bought a new stake in shares of Liberty Latin America during the 2nd quarter worth $2,073,000. Finally, Principal Financial Group Inc. grew its stake in Liberty Latin America by 7.4% in the 2nd quarter. Principal Financial Group Inc. now owns 22,129 shares of the company’s stock valued at $213,000 after buying an additional 1,523 shares during the last quarter. Institutional investors own 18.48% of the company’s stock.
Insider Activity
In other news, Director Brendan J. Paddick purchased 5,053 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were purchased at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the purchase, the director now directly owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. The trade was a 0.38 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders purchased 106,298 shares of company stock valued at $735,327. Insiders own 11.35% of the company’s stock.
Liberty Latin America Stock Down 1.2 %
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group lowered shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 4th.
View Our Latest Stock Analysis on LILA
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.
Recommended Stories
- Five stocks we like better than Liberty Latin America
- What is the Dow Jones Industrial Average (DJIA)?
- Semtech Stock Climbs as AI Boom Drives Turnaround Success
- Buy P&G Now, Before It Sets A New All-Time High
- 3 Companies Leading the Way With Aggressive Stock Buybacks
- About the Markup Calculator
- Is It Time to Buy Nuclear Energy Stocks After the Latest Dip?
Want to see what other hedge funds are holding LILA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Latin America Ltd. (NASDAQ:LILA – Free Report).
Receive News & Ratings for Liberty Latin America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Latin America and related companies with MarketBeat.com's FREE daily email newsletter.