Latin American (NYSE:LDF) major shareholder City Of London Investment Grou acquired 11,500 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was purchased at an average price of $11.06 per share, with a total value of $127,190.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Thursday, November 2nd, City Of London Investment Grou acquired 19,009 shares of Latin American stock. The stock was purchased at an average price of $11.47 per share, with a total value of $218,033.23.
  • On Tuesday, October 3rd, City Of London Investment Grou acquired 3,000 shares of Latin American stock. The stock was purchased at an average price of $12.34 per share, with a total value of $37,020.00.

Shares of Latin American (NYSE LDF) traded up $0.09 during trading on Friday, hitting $11.10. 14,465 shares of the company’s stock were exchanged, compared to its average volume of 7,930. Latin American has a 1-year low of $8.91 and a 1-year high of $12.68.

Several institutional investors have recently modified their holdings of the business. City of London Investment Management Co. Ltd. raised its position in shares of Latin American by 0.6% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 2,219,018 shares of the company’s stock worth $26,806,000 after purchasing an additional 13,439 shares during the last quarter. Deschutes Portfolio Strategy LLC raised its position in shares of Latin American by 55.9% during the 3rd quarter. Deschutes Portfolio Strategy LLC now owns 245,441 shares of the company’s stock worth $2,965,000 after purchasing an additional 87,987 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Latin American by 2.0% during the 2nd quarter. Wells Fargo & Company MN now owns 152,769 shares of the company’s stock worth $1,601,000 after purchasing an additional 2,999 shares during the last quarter. Citigroup Inc. raised its position in shares of Latin American by 69.1% during the 2nd quarter. Citigroup Inc. now owns 87,302 shares of the company’s stock worth $915,000 after purchasing an additional 35,684 shares during the last quarter. Finally, Gramercy Funds Management LLC raised its position in shares of Latin American by 122.9% during the 2nd quarter. Gramercy Funds Management LLC now owns 57,811 shares of the company’s stock worth $606,000 after purchasing an additional 31,878 shares during the last quarter. Institutional investors and hedge funds own 47.40% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/12/02/latin-american-ldf-major-shareholder-city-of-london-investment-grou-purchases-11500-shares.html.

Latin American Company Profile

The Latin American Discovery Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Latin American issuers and by investing from time to time in debt securities issued or guaranteed by a Latin American Government or Governmental entity.

Insider Buying and Selling by Quarter for Latin American (NYSE:LDF)

Receive News & Stock Ratings for Latin American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Latin American and related stocks with our FREE daily email newsletter.