Gamco Investors INC. ET AL Cuts Stake in Liberty Latin America Ltd. (NASDAQ:LILAK)

Gamco Investors INC. ET AL lessened its stake in Liberty Latin America Ltd. (NASDAQ:LILAK) by 21.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 88,276 shares of the company’s stock after selling 23,791 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Liberty Latin America were worth $560,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Latin America in the 4th quarter worth $41,000. Bleakley Financial Group LLC bought a new stake in Liberty Latin America in the 4th quarter worth about $65,000. Sargent Investment Group LLC bought a new stake in Liberty Latin America in the 4th quarter worth about $69,000. KBC Group NV raised its position in Liberty Latin America by 62.5% in the 4th quarter. KBC Group NV now owns 11,879 shares of the company’s stock worth $75,000 after buying an additional 4,571 shares during the last quarter. Finally, Townsquare Capital LLC bought a new position in Liberty Latin America during the 4th quarter valued at about $80,000. Institutional investors own 52.98% of the company’s stock.

Liberty Latin America Stock Performance

Shares of LILAK stock opened at $5.36 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The company has a 50 day moving average price of $6.37 and a 200-day moving average price of $7.09. Liberty Latin America Ltd. has a 52 week low of $5.10 and a 52 week high of $10.93. The firm has a market capitalization of $1.06 billion, a PE ratio of -1.60 and a beta of 0.83.

Liberty Latin America (NASDAQ:LILAK) last announced its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($1.05). The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

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.