Liberty Latin America Ltd. (NASDAQ:LILA) Position Raised by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 48.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,399 shares of the company’s stock after acquiring an additional 6,999 shares during the quarter. BNP Paribas Financial Markets’ holdings in Liberty Latin America were worth $205,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Intech Investment Management LLC acquired a new position in Liberty Latin America during the 3rd quarter valued at about $104,000. SG Americas Securities LLC acquired a new position in shares of Liberty Latin America during the third quarter worth approximately $120,000. Ground Swell Capital LLC bought a new position in Liberty Latin America in the 2nd quarter worth approximately $122,000. XTX Topco Ltd increased its position in Liberty Latin America by 78.2% in the 2nd quarter. XTX Topco Ltd now owns 20,614 shares of the company’s stock valued at $198,000 after acquiring an additional 9,045 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Liberty Latin America by 7.4% during the 2nd quarter. Principal Financial Group Inc. now owns 22,129 shares of the company’s stock valued at $213,000 after acquiring an additional 1,523 shares in the last quarter. Institutional investors own 18.48% of the company’s stock.

Insider Activity

In other news, Director Brendan J. Paddick acquired 5,053 shares of the stock in a transaction on Friday, November 29th. The shares were purchased at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the transaction, the director now owns 1,343,021 shares in the company, valued at approximately $9,307,135.53. This trade represents a 0.38 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders purchased 106,298 shares of company stock worth $735,327. Insiders own 11.35% of the company’s stock.

Liberty Latin America Stock Down 1.2 %

Shares of LILA stock opened at $6.63 on Tuesday. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $1.30 billion, a PE ratio of -2.26 and a beta of 1.04. The business’s fifty day moving average is $8.23 and its 200-day moving average is $9.01. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year high of $10.81.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 4th.

About Liberty Latin America

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.