UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stake in Liberty Latin America Ltd. (NASDAQ:LILA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Liberty Latin America Ltd. (NASDAQ:LILA) by 143.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 92,857 shares of the company’s stock after acquiring an additional 54,787 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Liberty Latin America were worth $890,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LILA. Sanctuary Advisors LLC bought a new stake in shares of Liberty Latin America in the second quarter valued at approximately $608,000. FMR LLC grew its stake in Liberty Latin America by 60,327.0% in the 3rd quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after buying an additional 2,157,293 shares in the last quarter. Banco Santander S.A. raised its holdings in Liberty Latin America by 47.8% during the 3rd quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock valued at $7,664,000 after acquiring an additional 258,631 shares during the period. State of New Jersey Common Pension Fund D purchased a new stake in shares of Liberty Latin America during the second quarter worth $2,073,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Liberty Latin America by 48.6% in the third quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company’s stock worth $205,000 after acquiring an additional 6,999 shares during the period. 18.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick bought 35,475 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were acquired at an average cost of $7.04 per share, for a total transaction of $249,744.00. Following the purchase, the director now directly owns 1,273,443 shares of the company’s stock, valued at $8,965,038.72. The trade was a 2.87 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought a total of 106,298 shares of company stock valued at $735,327 in the last three months. Company insiders own 11.35% of the company’s stock.

Liberty Latin America Price Performance

Shares of NASDAQ:LILA opened at $6.26 on Friday. The company has a 50 day moving average of $8.11 and a 200 day moving average of $8.98. 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 has a market cap of $1.23 billion, a P/E ratio of -2.14 and a beta of 1.04. Liberty Latin America Ltd. has a 12 month low of $5.90 and a 12 month high of $10.81.

Wall Street Analyst Weigh In

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

Liberty Latin America Company 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.