John Winter Acquires 5,071 Shares of Liberty Latin America (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) SVP John Winter acquired 5,071 shares of Liberty Latin America stock in a transaction dated Friday, June 26th. The stock was bought at an average price of $19.67 per share, for a total transaction of $99,746.57. Following the completion of the transaction, the senior vice president directly owned 64,547 shares of the company’s stock, valued at approximately $1,269,639.49. This represents a 8.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Liberty Latin America Stock Up 1.0%

LILA opened at $7.92 on Thursday. The firm has a market cap of $1.60 billion, a P/E ratio of -3.19 and a beta of 0.74. The business’s fifty day simple moving average is $7.55 and its 200 day simple moving average is $7.74. Liberty Latin America Ltd. has a 52 week low of $4.77 and a 52 week high of $9.04. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.74.

Liberty Latin America (NASDAQ:LILA) last announced its earnings results on Thursday, May 7th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.14). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. Liberty Latin America had a negative net margin of 11.20% and a negative return on equity of 45.66%. As a group, equities research analysts anticipate that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Latin America in a research report on Tuesday, April 21st. Morgan Stanley set a $7.00 price target on Liberty Latin America in a report on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new stake in shares of Liberty Latin America in the first quarter worth approximately $104,000. Empowered Funds LLC increased its position in Liberty Latin America by 7.3% during the first quarter. Empowered Funds LLC now owns 214,637 shares of the company’s stock worth $1,359,000 after purchasing an additional 14,547 shares during the last quarter. Jane Street Group LLC raised its stake in Liberty Latin America by 230.6% during the first quarter. Jane Street Group LLC now owns 49,660 shares of the company’s stock worth $314,000 after purchasing an additional 34,640 shares during the period. Strs Ohio purchased a new position in Liberty Latin America during the first quarter worth approximately $34,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Liberty Latin America by 12.2% in the 2nd quarter. Geode Capital Management LLC now owns 662,784 shares of the company’s stock valued at $4,042,000 after purchasing an additional 71,873 shares during the last quarter. 18.48% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Latin America Company Profile

Liberty Latin America is a telecommunications company that provides video, broadband internet, telephony and mobile services across Latin America and the Caribbean. The company’s operations span consumer and business markets, offering cable television packages, high-speed broadband connections, fixed-line voice services and wireless data plans. Through its brands, including Flow in several Caribbean territories and VTR in Chile, Liberty Latin America focuses on delivering converged digital solutions designed to meet both residential and enterprise needs.

Formed in 2018 as a spin-off from Liberty Global, Liberty Latin America built its initial footprint by integrating legacy assets acquired from Cable & Wireless Communications and Columbus Communications.