Bleakley Financial Group LLC Invests $65,000 in Liberty Latin America Ltd. (NASDAQ:LILAK)

Bleakley Financial Group LLC acquired a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,237 shares of the company’s stock, valued at approximately $65,000.

Several other large investors have also made changes to their positions in LILAK. nVerses Capital LLC acquired a new position in Liberty Latin America in the 3rd quarter valued at approximately $55,000. Sargent Investment Group LLC acquired a new position in Liberty Latin America in the 4th quarter valued at approximately $69,000. KBC Group NV raised its holdings in Liberty Latin America by 62.5% in the 4th quarter. KBC Group NV now owns 11,879 shares of the company’s stock valued at $75,000 after acquiring an additional 4,571 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Liberty Latin America in the 4th quarter valued at approximately $94,000. Finally, Quantinno Capital Management LP bought a new stake in shares of Liberty Latin America in the 3rd quarter valued at approximately $125,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Insiders Place Their Bets

In related news, Director Brendan J. Paddick acquired 35,475 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was bought at an average price of $7.04 per share, for a total transaction of $249,744.00. Following the acquisition, the director now directly owns 1,273,443 shares of the company’s stock, valued at approximately $8,965,038.72. The trade was a 2.87 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders bought 156,298 shares of company stock worth $1,043,886. Corporate insiders own 9.66% of the company’s stock.

Liberty Latin America Stock Performance

Shares of Liberty Latin America stock opened at $7.34 on Thursday. The company has a market capitalization of $1.44 billion, a PE ratio of -2.51 and a beta of 1.02. Liberty Latin America Ltd. has a 12 month low of $5.88 and a 12 month high of $10.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The stock’s fifty day simple moving average is $6.55 and its 200 day simple moving average is $8.18.

Analyst Upgrades and Downgrades

LILAK has been the topic of a number of research analyst reports. Scotiabank decreased their price target on 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. The Goldman Sachs Group decreased their price target on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a research report on Wednesday, December 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.