DekaBank Deutsche Girozentrale Invests $38,000 in Liberty Latin America Ltd. (NASDAQ:LILA)

DekaBank Deutsche Girozentrale purchased a new position in Liberty Latin America Ltd. (NASDAQ:LILA) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 5,324 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors also recently modified their holdings of the business. BlackRock Inc. increased its stake in shares of Liberty Latin America by 6.1% in the 1st quarter. BlackRock Inc. now owns 3,306,252 shares of the company’s stock worth $27,475,000 after acquiring an additional 190,392 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Liberty Latin America by 4.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,578,155 shares of the company’s stock worth $22,559,000 after acquiring an additional 117,254 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Liberty Latin America by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,405,948 shares of the company’s stock worth $11,473,000 after acquiring an additional 32,603 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Liberty Latin America by 0.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,131,064 shares of the company’s stock worth $9,897,000 after acquiring an additional 5,635 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Liberty Latin America by 2.3% in the 1st quarter. State Street Corp now owns 1,124,966 shares of the company’s stock worth $9,348,000 after acquiring an additional 25,323 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Liberty Latin America

In other news, major shareholder John C. Malone acquired 484,673 shares of Liberty Latin America stock in a transaction on Friday, March 22nd. The stock was acquired at an average cost of $6.72 per share, for a total transaction of $3,257,002.56. Following the purchase, the insider now owns 8,360,255 shares in the company, valued at $56,180,913.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, major shareholder John C. Malone acquired 35,780 shares of Liberty Latin America stock in a transaction on Wednesday, March 20th. The stock was acquired at an average cost of $6.43 per share, for a total transaction of $230,065.40. Following the purchase, the insider now owns 7,402,498 shares in the company, valued at $47,598,062.14. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder John C. Malone acquired 484,673 shares of Liberty Latin America stock in a transaction on Friday, March 22nd. The shares were purchased at an average price of $6.72 per share, with a total value of $3,257,002.56. Following the completion of the purchase, the insider now owns 8,360,255 shares in the company, valued at approximately $56,180,913.60. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 1,220,056 shares of company stock worth $8,247,512. 11.35% of the stock is owned by corporate insiders.

Liberty Latin America Stock Down 0.8 %

Shares of Liberty Latin America stock opened at $7.20 on Thursday. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.13 and a quick ratio of 1.13. The company has a 50-day moving average of $6.71 and a 200 day moving average of $6.96. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of -27.69 and a beta of 1.18. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year high of $9.85.

Liberty Latin America (NASDAQ:LILA) last released its quarterly earnings data on Thursday, February 22nd. The company reported ($0.49) earnings per share for the quarter. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. Liberty Latin America had a negative net margin of 1.21% and a negative return on equity of 2.26%. As a group, sell-side analysts anticipate that Liberty Latin America Ltd. will post -0.64 earnings per share for the current fiscal year.

Liberty Latin America 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.