Brendan J. Paddick Buys 18,011 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick acquired 18,011 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price of $6.12 per share, with a total value of $110,227.32. Following the transaction, the director now directly owns 1,437,518 shares in the company, valued at $8,797,610.16. The trade was a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Liberty Latin America Trading Down 1.6 %

Shares of NASDAQ:LILA traded down $0.10 during trading on Monday, hitting $6.16. 602,903 shares of the company’s stock were exchanged, compared to its average volume of 370,077. The firm has a 50-day moving average price of $7.98 and a two-hundred day moving average price of $8.94. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $10.81. The firm has a market cap of $1.21 billion, a P/E ratio of -2.10 and a beta of 1.04. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31.

Analyst Ratings Changes

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

Institutional Trading of Liberty Latin America

A number of institutional investors have recently bought and sold shares of the business. FMR LLC boosted its position 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 worth $20,701,000 after purchasing an additional 2,157,293 shares during the last quarter. Banco Santander S.A. bought a new stake in shares of Liberty Latin America in the 2nd quarter valued at about $5,203,000. State of New Jersey Common Pension Fund D acquired a new stake in shares of Liberty Latin America in the 2nd quarter valued at approximately $2,073,000. Virtu Financial LLC boosted its position in shares of Liberty Latin America by 173.1% during the second quarter. Virtu Financial LLC now owns 332,077 shares of the company’s stock worth $3,191,000 after purchasing an additional 210,483 shares in the last quarter. Finally, Zacks Investment Management acquired a new position in shares of Liberty Latin America in the 3rd quarter valued at $648,000. Institutional investors and hedge funds own 18.48% of the company’s stock.

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.