Squarepoint Ops LLC Cuts Stock Position in Liberty Latin America Ltd. (NASDAQ:LILAK)
Squarepoint Ops LLC lowered its holdings in Liberty Latin America Ltd. (NASDAQ:LILAK) by 62.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,735 shares of the company’s stock after selling 130,092 shares during the period. Squarepoint Ops LLC’s holdings in Liberty Latin America were worth $873,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. ShoreHaven Wealth Partners LLC purchased a new position in Liberty Latin America in the fourth quarter worth $45,000. Strs Ohio bought a new stake in shares of Liberty Latin America in the third quarter valued at $89,000. Bluefin Capital Management LLC bought a new stake in shares of Liberty Latin America in the third quarter valued at $98,000. Colony Group LLC bought a new stake in shares of Liberty Latin America in the third quarter valued at $98,000. Finally, Weld Capital Management LLC bought a new stake in shares of Liberty Latin America in the third quarter valued at $110,000. 58.05% of the stock is currently owned by institutional investors and hedge funds.
Shares of LILAK opened at $13.80 on Thursday. The firm has a market cap of $3.20 billion, a PE ratio of -4.09 and a beta of 1.44. The stock’s fifty day moving average price is $13.06 and its two-hundred day moving average price is $11.27. Liberty Latin America Ltd. has a 1 year low of $7.47 and a 1 year high of $14.93.
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company offers communications and entertainment services, including video, broadband internet, fixed-line telephony, and mobile 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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