Steward Partners Investment Advisory LLC Has $126,000 Stock Holdings in Liberty Latin America Ltd. (NASDAQ:LILA)


Steward Partners Investment Advisory LLC lessened its stake in Liberty Latin America Ltd. (NASDAQ: LILA – Get Rating) by 19.9% ​​during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,005 shares of the company’s stock after selling 3,225 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Liberty Latin America were worth $126,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Liberty Latin America by 58.9% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,091 shares of the company’s stock worth $36,000 after purchasing an additional 1,146 shares during the last quarter. Rockefeller Capital Management LP increased its stake in shares of Liberty Latin America by 37.8% during the 4th quarter. Rockefeller Capital Management LP now owns 4,011 shares of the company’s stock worth $46,000 after purchasing an additional 1,100 shares during the last quarter. UMB Bank NA MO acquired a new position in shares of Liberty Latin America during the 4th quarter worth $89,000. Handelsbanken Fonder AB acquired a new position in shares of Liberty Latin America during the 4th quarter worth $353,000. Finally, Strs Ohio acquired a new position in shares of Liberty Latin America during the 4th quarter worth $532,000. Institutional investors and hedge funds own 18.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Scotiabank lowered shares of Liberty Latin America from a “sector perform” rating to a “sector underperform” rating in a research note on Friday, June 3rd.

Insider Buying and Selling

In related news, major shareholder John C. Malone purchased 567,151 shares of Liberty Latin America stock in a transaction on Thursday, May 12th. The stock was purchased at an average cost of $8.11 per share, with a total value of $4,599,594.61. Following the acquisition, the insider now directly owns 567,152 shares in the company, valued at $4,599,602.72. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In related news, SVP Aamir Hussain purchased 10,000 shares of Liberty Latin America stock in a transaction on Tuesday, May 24th. The stock was purchased at an average cost of $8.99 per share, with a total value of $89,900.00. Following the acquisition, the senior vice president now directly owns 10,000 shares in the company, valued at $89,900. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder John C. Malone acquired 567,151 shares of Liberty Latin America stock in a transaction dated Thursday, May 12th. The shares were acquired at an average cost of $8.11 per share, with a total value of $4,599,594.61. Following the completion of the acquisition, the insider now directly owns 567,152 shares in the company, valued at approximately $4,599,602.72. The disclosure for this purchase can be found here. In the last three months, insiders bought 1,144,302 shares of company stock valued at $9,289,089. Company insiders own 4.68% of the company’s stock.

Liberty Latin America Price Performance

NASDAQ LILA opened at $7.38 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 2.53. The company has a fifty day simple moving average of $7.95 and a 200 day simple moving average of $9.38. The company has a market cap of $1.67 billion, a P/E ratio of -3.86 and a beta of 1.24. Liberty Latin America Ltd. has a 1 year low of $6.76 and a 1 year high of $14.79.

Liberty Latin America (NASDAQ:LILA – Get Rating) last posted its quarterly earnings data on Wednesday, May 4th. The company reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $1.22 billion during the quarter. Liberty Latin America had a negative net margin of 9.15% and a positive return on equity of 1.48%. During the same period in the previous year, the company posted $0.37 earnings per share. On average, sell-side analysts predict that Liberty Latin America Ltd. will post 0.52 EPS for the current year.

Liberty Latin America Company Profile

(Get Rating)

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and submarine telecommunications services. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. It 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.

See Also

Want to see what other hedge funds are holding LILA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Latin America Ltd. (NASDAQ:LILA – Get Rating).

Institutional Ownership by Quarter for Liberty Latin America (NASDAQ:LILA)



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