Liberty Latin America Ltd. (NASDAQ:LILA) Shares Bought by Banco Santander S.A.

Banco Santander S.A. boosted its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 816,900 shares of the company’s stock after purchasing an additional 16,900 shares during the quarter. Banco Santander S.A.’s holdings in Liberty Latin America were worth $5,195,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC boosted 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. Empowered Funds LLC grew its stake in shares of Liberty Latin America by 5.1% during the 4th quarter. Empowered Funds LLC now owns 200,090 shares of the company’s stock worth $1,273,000 after purchasing an additional 9,627 shares during the period. UMB Bank n.a. increased its holdings in shares of Liberty Latin America by 2,129.7% during the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company’s stock valued at $1,077,000 after purchasing an additional 161,817 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Liberty Latin America in the 4th quarter valued at $753,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Liberty Latin America by 143.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,857 shares of the company’s stock worth $890,000 after buying an additional 54,787 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Latin America

In related news, Director Brendan J. Paddick purchased 18,011 shares of Liberty Latin America stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the transaction, the director now directly owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 11.35% of the company’s stock.

Liberty Latin America Stock Performance

Shares of LILA stock opened at $6.89 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 4.68. Liberty Latin America Ltd. has a 12-month low of $5.94 and a 12-month high of $10.82. The business’s 50 day moving average is $6.72 and its two-hundred day moving average is $7.90. The company has a market capitalization of $1.36 billion, a P/E ratio of -2.06 and a beta of 1.01.

Liberty Latin America (NASDAQ:LILA) last announced its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Analysts expect that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays cut shares of Liberty Latin America from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $8.00 to $6.50 in a report on Tuesday, February 25th.

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.