Liberty Latin America (NASDAQ:LILA) Shares Up 2.6%

Liberty Latin America Ltd. (NASDAQ:LILA)’s share price rose 2.6% on Monday . The stock traded as high as $7.46 and last traded at $7.42. Approximately 408,456 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 450,945 shares. The stock had previously closed at $7.23.

Liberty Latin America Trading Down 0.6 %

The stock has a market cap of $1.48 billion, a price-to-earnings ratio of -27.92 and a beta of 1.18. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.13 and a current ratio of 1.13. The company’s 50 day simple moving average is $6.70 and its two-hundred day simple moving average is $6.96.

Liberty Latin America (NASDAQ:LILA) last released its quarterly earnings data on Thursday, February 22nd. The company reported ($0.49) earnings per share for the quarter. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.17 billion. Liberty Latin America had a negative net margin of 1.21% and a negative return on equity of 2.26%. Research analysts expect that Liberty Latin America Ltd. will post -0.64 EPS for the current fiscal year.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, major shareholder John C. Malone purchased 484,673 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were bought at an average price of $6.72 per share, for a total transaction of $3,257,002.56. Following the purchase, the insider now directly owns 8,360,255 shares in the company, valued at approximately $56,180,913.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Brian D. Zook sold 27,711 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $6.76, for a total value of $187,326.36. Following the transaction, the chief accounting officer now directly owns 34,798 shares in the company, valued at approximately $235,234.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder John C. Malone bought 484,673 shares of the stock in a transaction that occurred on Friday, March 22nd. The stock was purchased at an average price of $6.72 per share, for a total transaction of $3,257,002.56. Following the completion of the purchase, the insider now directly owns 8,360,255 shares in the company, valued at approximately $56,180,913.60. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 1,220,056 shares of company stock worth $8,247,512. 11.35% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Trexquant Investment LP boosted its holdings in Liberty Latin America by 2.4% in the 3rd quarter. Trexquant Investment LP now owns 58,400 shares of the company’s stock valued at $361,000 after purchasing an additional 1,358 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Liberty Latin America by 6.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,475 shares of the company’s stock valued at $214,000 after purchasing an additional 1,380 shares during the period. Occudo Quantitative Strategies LP boosted its holdings in Liberty Latin America by 6.1% in the 2nd quarter. Occudo Quantitative Strategies LP now owns 24,019 shares of the company’s stock valued at $187,000 after purchasing an additional 1,391 shares during the period. Tower Research Capital LLC TRC boosted its holdings in Liberty Latin America by 62.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,769 shares of the company’s stock valued at $33,000 after purchasing an additional 1,451 shares during the period. Finally, Mackenzie Financial Corp lifted its holdings in shares of Liberty Latin America by 0.6% during the 3rd quarter. Mackenzie Financial Corp now owns 267,417 shares of the company’s stock worth $2,056,000 after acquiring an additional 1,588 shares during the period. 18.48% of the stock is currently owned by institutional investors and hedge funds.

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.