Tudor Investment Corp ET AL Grows Stock Holdings in Liberty Latin America Ltd. $LILA

Tudor Investment Corp ET AL increased its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 72.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 273,382 shares of the company’s stock after purchasing an additional 115,148 shares during the period. Tudor Investment Corp ET AL owned 0.14% of Liberty Latin America worth $2,266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Strs Ohio purchased a new stake in Liberty Latin America during the 1st quarter worth about $34,000. Russell Investments Group Ltd. lifted its stake in Liberty Latin America by 58.8% during the third quarter. Russell Investments Group Ltd. now owns 5,593 shares of the company’s stock worth $46,000 after purchasing an additional 2,070 shares during the last quarter. CWM LLC lifted its stake in Liberty Latin America by 80.7% during the third quarter. CWM LLC now owns 6,487 shares of the company’s stock worth $54,000 after purchasing an additional 2,897 shares during the last quarter. Danske Bank A S acquired a new position in Liberty Latin America in the third quarter valued at approximately $56,000. Finally, Quantbot Technologies LP boosted its holdings in Liberty Latin America by 727.1% in the third quarter. Quantbot Technologies LP now owns 7,154 shares of the company’s stock valued at $59,000 after purchasing an additional 6,289 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Latin America in a report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $13.00.

Insider Buying and Selling

In other news, CAO Brian D. Zook sold 94,494 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $8.04, for a total value of $759,731.76. Following the completion of the sale, the chief accounting officer owned 6,813 shares in the company, valued at approximately $54,776.52. This trade represents a 93.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.96% of the company’s stock.

Liberty Latin America Trading Up 0.1%

Shares of LILA stock opened at $8.33 on Friday. The company has a market capitalization of $1.67 billion, a P/E ratio of -2.72 and a beta of 1.00. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 7.40. The business’s 50 day moving average is $7.85 and its two-hundred day moving average is $7.93. Liberty Latin America Ltd. has a twelve month low of $4.25 and a twelve month high of $9.04.

Liberty Latin America (NASDAQ:LILA) last issued its quarterly earnings results on Wednesday, February 18th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.23). Liberty Latin America had a negative return on equity of 50.24% and a negative net margin of 13.76%.The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.14 billion. Equities analysts forecast that Liberty Latin America Ltd. will post -0.22 EPS for the current year.

About Liberty Latin America

Liberty Latin America is a telecommunications company that provides video, broadband internet, telephony and mobile services across Latin America and the Caribbean. The company’s operations span consumer and business markets, offering cable television packages, high-speed broadband connections, fixed-line voice services and wireless data plans. Through its brands, including Flow in several Caribbean territories and VTR in Chile, Liberty Latin America focuses on delivering converged digital solutions designed to meet both residential and enterprise needs.

Formed in 2018 as a spin-off from Liberty Global, Liberty Latin America built its initial footprint by integrating legacy assets acquired from Cable & Wireless Communications and Columbus Communications.