Liberty Latin America Ltd. (NASDAQ:LILA) Director Buys $35,017.29 in Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 5,053 shares of the stock in a transaction on Friday, November 29th. The shares were purchased at an average cost of $6.93 per share, with a total value of $35,017.29. Following the transaction, the director now owns 1,343,021 shares of the company’s stock, valued at $9,307,135.53. This trade represents a 0.38 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Liberty Latin America Stock Performance

Liberty Latin America stock opened at $6.96 on Monday. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. Liberty Latin America Ltd. has a one year low of $5.90 and a one year high of $10.81. The stock’s 50 day moving average price is $8.84 and its 200 day moving average price is $9.15. The firm has a market capitalization of $1.37 billion, a PE ratio of -2.38 and a beta of 1.12.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC purchased a new position in Liberty Latin America in the third quarter valued at about $104,000. SG Americas Securities LLC acquired a new stake in Liberty Latin America in the third quarter valued at $120,000. Ground Swell Capital LLC bought a new position in Liberty Latin America during the 2nd quarter valued at $122,000. DekaBank Deutsche Girozentrale grew its holdings in Liberty Latin America by 304.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock worth $149,000 after acquiring an additional 16,215 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Liberty Latin America in the 3rd quarter worth about $163,000. 18.48% of the stock is currently owned by hedge funds and other institutional investors.

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.