Liberty Latin America Ltd. (NASDAQ:LILAK) Position Trimmed by Shell Asset Management Co.

Shell Asset Management Co. decreased its position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK – Get Rating) by 18.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,126 shares of the company’s stock after selling 4,500 shares during the quarter. Shell Asset Management Co.’s holdings in Liberty Latin America were worth $153,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. US Bancorp DE lifted its holdings in Liberty Latin America by 47,265.9% in the 1st quarter. US Bancorp DE now owns 20,841 shares of the company’s stock valued at $199,000 after acquiring an additional 20,797 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Liberty Latin America in the 1st quarter valued at approximately $102,000. PNC Financial Services Group Inc. grew its stake in shares of Liberty Latin America by 3,107.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,168 shares of the company’s stock valued at $97,000 after buying an additional 9,851 shares in the last quarter. Bank of Montreal Can bought a new stake in Liberty Latin America during the first quarter worth approximately $71,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Liberty Latin America by 8.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,993,024 shares of the company’s stock valued at $67,065,000 after acquiring an additional 536,718 shares during the period. Institutional investors and hedge funds own 56.96% of the company’s stock.

Insiders Place Their Bets

In other Liberty Latin America news, Director Eric Louis Zinterhofer bought 75,000 shares of the stock in a transaction dated Thursday, March 16th. The stock was bought at an average cost of $7.82 per share, for a total transaction of $586,500.00. Following the completion of the purchase, the director now owns 12,143,289 shares in the company, valued at approximately $94,960,519.98. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 9.66% of the company’s stock.

Analyst Ratings Changes

LILAK has been the subject of several research reports. Pivotal Research increased their price objective on Liberty Latin America from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, April 11th. StockNews.com started coverage on Liberty Latin America in a research note on Thursday, March 16th. They issued a “hold” rating for the company. Finally, TheStreet upgraded Liberty Latin America from a “d” rating to a “c-” rating in a research note on Wednesday, March 1st.

Liberty Latin America Price Performance

Liberty Latin America stock opened at $7.63 on Friday. The stock has a fifty day moving average price of $8.27 and a two-hundred day moving average price of $8.28. Liberty Latin America Ltd. has a 52-week low of $5.88 and a 52-week high of $9.98. The firm has a market capitalization of $1.65 billion, a P/E ratio of -5.61 and a beta of 1.31.

Liberty Latin America (NASDAQ:LILAK – Get Rating) last released its quarterly earnings data on Wednesday, February 22nd. The company reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $1.16 billion for the quarter.

Liberty Latin America Company Profile

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Liberty Latin America Ltd. is a holding company, which engages in the provision of fixed, mobile, and subsea telecommunications services. It operates through the following segments: C and W Carribean, C and W Panama, Cand W Networks and LatAm, Liberty Puerto Rico, Liberty Costa Rica, and VTR. The company was founded in 2010 and is headquartered in Denver, CO.