Liberty Latin America Ltd. (NASDAQ:LILA) Short Interest Update

Liberty Latin America Ltd. (NASDAQ:LILA) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 877,300 shares, a decline of 12.0% from the January 31st total of 996,500 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average daily volume of 397,900 shares, the days-to-cover ratio is currently 2.2 days.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Liberty Latin America from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $8.00 to $6.50 in a report on Tuesday, February 25th.

Liberty Latin America Stock Up 0.1 %

LILA stock opened at $6.89 on Friday. Liberty Latin America has a 52-week low of $5.94 and a 52-week high of $10.82. The company’s 50 day simple moving average is $6.71 and its 200-day simple moving average is $7.92. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.04 and a quick ratio of 1.06. The firm has a market capitalization of $1.36 billion, a P/E ratio of -2.06 and a beta of 1.03.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. As a group, equities research analysts anticipate that Liberty Latin America will post -0.22 EPS for the current year.

Insider Buying and Selling

In other Liberty Latin America news, Director Brendan J. Paddick bought 18,011 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of $6.12 per share, for a total transaction of $110,227.32. Following the acquisition, the director now directly owns 1,437,518 shares of the company’s stock, valued at $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 11.35% of the company’s stock.

Institutional Trading of Liberty Latin America

Large investors have recently added to or reduced their stakes in the business. Barclays PLC boosted its holdings in shares of Liberty Latin America by 81.6% during the 3rd quarter. Barclays PLC now owns 70,419 shares of the company’s stock worth $675,000 after buying an additional 31,642 shares during the period. FMR LLC raised its stake in shares of 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. increased its position in shares of Liberty Latin America by 47.8% during the 3rd quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock worth $7,664,000 after purchasing an additional 258,631 shares in the last quarter. UMB Bank n.a. increased its position in shares of Liberty Latin America by 2,129.7% during the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company’s stock worth $1,077,000 after purchasing an additional 161,817 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Liberty Latin America by 48.6% during the 3rd 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 last quarter. 18.48% of the stock is owned by institutional investors.

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.