Liberty Latin America Ltd. (NASDAQ:LILA) Director Buys $2,212,500.00 in Stock

Liberty Latin America Ltd. (NASDAQ:LILAGet Free Report) Director Brendan J. Paddick acquired 250,000 shares of Liberty Latin America stock in a transaction dated Friday, June 21st. The stock was purchased at an average price of $8.85 per share, for a total transaction of $2,212,500.00. Following the completion of the acquisition, the director now directly owns 886,108 shares in the company, valued at approximately $7,842,055.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Liberty Latin America Price Performance

Shares of LILA opened at $9.48 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 1.12 and a quick ratio of 1.12. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $9.85. The stock has a market cap of $1.87 billion, a PE ratio of -315.89 and a beta of 1.11. The firm has a fifty day moving average price of $8.44 and a 200 day moving average price of $7.43.

Liberty Latin America (NASDAQ:LILAGet Free Report) last posted its earnings results on Tuesday, May 7th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.16). The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Liberty Latin America had a negative net margin of 0.12% and a negative return on equity of 0.23%. During the same period in the previous year, the firm posted ($0.23) earnings per share. As a group, sell-side analysts anticipate that Liberty Latin America Ltd. will post -0.64 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on LILA shares. Barclays cut their price target on Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 7th. The Goldman Sachs Group boosted their target price on Liberty Latin America from $8.40 to $9.30 and gave the stock a “buy” rating in a research note on Tuesday, May 28th.

View Our Latest Report on Liberty Latin America

Institutional Investors Weigh In On Liberty Latin America

Large investors have recently modified their holdings of the company. DekaBank Deutsche Girozentrale purchased a new stake in Liberty Latin America in the 4th quarter valued at $38,000. TFO Wealth Partners LLC grew its holdings in shares of Liberty Latin America by 17,797.6% during the fourth quarter. TFO Wealth Partners LLC now owns 7,338 shares of the company’s stock worth $54,000 after buying an additional 7,297 shares during the last quarter. Cullen Investment Group LTD. acquired a new position in Liberty Latin America in the 4th quarter valued at about $86,000. Teza Capital Management LLC purchased a new stake in Liberty Latin America during the 3rd quarter valued at approximately $124,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Liberty Latin America by 38.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,545 shares of the company’s stock worth $114,000 after acquiring an additional 4,322 shares during the period. 18.48% of the stock is owned by institutional investors and hedge funds.

About Liberty Latin America

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Liberty Latin America (NASDAQ:LILA)

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.