84,370 Shares in Liberty Latin America Ltd. (NASDAQ:LILAK) Bought by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB bought a new stake in Liberty Latin America Ltd. (NASDAQ:LILAK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 84,370 shares of the company’s stock, valued at approximately $801,000.

Several other large investors also recently bought and sold shares of the company. nVerses Capital LLC acquired a new position in shares of Liberty Latin America during the 3rd quarter worth approximately $55,000. Quantinno Capital Management LP acquired a new position in shares of Liberty Latin America in the third quarter worth $125,000. Algert Global LLC purchased a new stake in shares of Liberty Latin America in the second quarter valued at $126,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Liberty Latin America by 29.9% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,691 shares of the company’s stock valued at $132,000 after acquiring an additional 3,150 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new stake in Liberty Latin America during the 3rd quarter worth about $187,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Insider Buying and Selling

In other news, Director Brendan J. Paddick acquired 31,514 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were bought at an average cost of $6.71 per share, for a total transaction of $211,458.94. Following the acquisition, the director now directly owns 1,940,094 shares in the company, valued at $13,018,030.74. This trade represents a 1.65 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have purchased 106,298 shares of company stock valued at $735,327. Insiders own 9.66% of the company’s stock.

Liberty Latin America Stock Down 1.0 %

LILAK opened at $6.67 on Monday. Liberty Latin America Ltd. has a 12 month low of $5.95 and a 12 month high of $10.93. The business has a 50-day moving average of $8.20 and a two-hundred day moving average of $9.01. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -2.28 and a beta of 1.04.

Analysts Set New Price Targets

Several research firms have issued reports on LILAK. The Goldman Sachs Group decreased their price target on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a research note on Wednesday, December 4th. Scotiabank decreased their target price on shares of Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a research report on Friday, November 8th.

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.