Liberty Latin America Ltd. (NASDAQ:LILAK) Shares Acquired by Barclays PLC

Barclays PLC increased its holdings in Liberty Latin America Ltd. (NASDAQ:LILAK) by 55.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 200,249 shares of the company’s stock after purchasing an additional 71,734 shares during the quarter. Barclays PLC’s holdings in Liberty Latin America were worth $1,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in LILAK. FMR LLC boosted its holdings in shares of Liberty Latin America by 69.2% in the third quarter. FMR LLC now owns 15,600,000 shares of the company’s stock valued at $148,044,000 after acquiring an additional 6,379,203 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Liberty Latin America by 24.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,060,558 shares of the company’s stock valued at $29,045,000 after purchasing an additional 600,689 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in Liberty Latin America during the 3rd quarter valued at $1,041,000. XTX Topco Ltd acquired a new position in shares of Liberty Latin America during the 2nd quarter valued at $593,000. Finally, Algert Global LLC bought a new stake in shares of Liberty Latin America in the 2nd quarter worth $126,000. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick acquired 35,475 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were purchased at an average price of $7.04 per share, with a total value of $249,744.00. Following the completion of the transaction, the director now owns 1,273,443 shares in the company, 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 filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders bought 156,298 shares of company stock valued at $1,043,886. 9.66% of the stock is currently owned by corporate insiders.

Liberty Latin America Trading Up 0.2 %

Shares of NASDAQ LILAK opened at $6.36 on Friday. The business has a fifty day simple moving average of $7.70 and a 200-day simple moving average of $8.86. The company has a market cap of $1.25 billion, a price-to-earnings ratio of -2.17 and a beta of 1.04. Liberty Latin America Ltd. has a 12 month low of $5.95 and a 12 month high of $10.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on LILAK shares. The Goldman Sachs Group lowered their target price on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. Scotiabank cut their target price on shares of Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research note on Friday, November 8th.

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.