Shares of Liberty Latin America Ltd (NASDAQ:LILA) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $16.83 and last traded at $16.81, with a volume of 12128 shares. The stock had previously closed at $17.60.

Several analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Tuesday, October 9th. ValuEngine upgraded shares of Liberty Latin America from a “sell” rating to a “hold” rating in a research note on Monday, September 17th. Finally, Buckingham Research reduced their target price on shares of Liberty Latin America from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, August 16th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Liberty Latin America has an average rating of “Hold” and an average price target of $24.25.

The stock has a market cap of $3.07 billion, a price-to-earnings ratio of -41.22 and a beta of 1.62.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Markston International LLC bought a new position in Liberty Latin America during the third quarter valued at about $110,000. Arnhold LLC bought a new position in Liberty Latin America during the third quarter valued at about $123,000. FMR LLC bought a new position in Liberty Latin America during the third quarter valued at about $152,000. Prudential Financial Inc. bought a new position in Liberty Latin America during the third quarter valued at about $218,000. Finally, State Board of Administration of Florida Retirement System bought a new position in Liberty Latin America during the third quarter valued at about $224,000. Institutional investors own 22.04% of the company’s stock.

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Liberty Latin America Company Profile (NASDAQ:LILA)

Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment 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.

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