Bailard Inc. Takes $523,000 Position in Liberty Latin America Ltd. (NASDAQ:LILA)

Bailard Inc. acquired a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 71,600 shares of the company’s stock, valued at approximately $523,000.

Other institutional investors have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Liberty Latin America by 38.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,545 shares of the company’s stock worth $114,000 after acquiring an additional 4,322 shares during the last quarter. Cullen Investment Group LTD. bought a new stake in shares of Liberty Latin America during the fourth quarter worth about $86,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Liberty Latin America during the fourth quarter worth about $38,000. SG Americas Securities LLC increased its stake in shares of Liberty Latin America by 23.6% in the fourth quarter. SG Americas Securities LLC now owns 20,001 shares of the company’s stock valued at $146,000 after buying an additional 3,823 shares during the period. Finally, Diversified Trust Co raised its holdings in Liberty Latin America by 9.5% in the 4th quarter. Diversified Trust Co now owns 21,538 shares of the company’s stock valued at $157,000 after buying an additional 1,867 shares during the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Liberty Latin America Stock Up 2.0 %

NASDAQ:LILA opened at $7.61 on Friday. Liberty Latin America Ltd. has a one year low of $5.90 and a one year high of $9.85. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $1.56 billion, a PE ratio of -29.27 and a beta of 1.18. The firm’s 50 day simple moving average is $6.82 and its 200 day simple moving average is $6.94.

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

Insiders Place Their Bets

In related news, major shareholder John C. Malone purchased 35,780 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was bought at an average price of $6.43 per share, with a total value of $230,065.40. Following the completion of the purchase, the insider now owns 7,402,498 shares in the company, valued at approximately $47,598,062.14. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, major shareholder John C. Malone purchased 35,780 shares of the stock in a transaction on Wednesday, March 20th. The stock was purchased at an average price of $6.43 per share, for a total transaction of $230,065.40. Following the acquisition, the insider now owns 7,402,498 shares in the company, valued at $47,598,062.14. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul A. Gould purchased 200,000 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was purchased at an average price of $6.47 per share, for a total transaction of $1,294,000.00. Following the transaction, the director now directly owns 445,916 shares in the company, valued at approximately $2,885,076.52. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 1,220,056 shares of company stock valued at $8,247,512. 11.35% of the stock is currently owned by company insiders.

Liberty Latin America 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.