Zurcher Kantonalbank Zurich Cantonalbank Has $114,000 Stock Holdings in Liberty Latin America Ltd. (NASDAQ:LILA)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in Liberty Latin America Ltd. (NASDAQ:LILA) by 38.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,545 shares of the company’s stock after buying an additional 4,322 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Liberty Latin America were worth $114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Barclays PLC increased its position in Liberty Latin America by 55.9% in the 3rd quarter. Barclays PLC now owns 34,048 shares of the company’s stock valued at $277,000 after acquiring an additional 12,203 shares during the period. Wittenberg Investment Management Inc. increased its holdings in Liberty Latin America by 18.6% in the third quarter. Wittenberg Investment Management Inc. now owns 748,648 shares of the company’s stock valued at $6,109,000 after purchasing an additional 117,300 shares during the period. Teza Capital Management LLC bought a new position in Liberty Latin America during the 3rd quarter worth $124,000. Gamco Investors INC. ET AL lifted its holdings in Liberty Latin America by 1.5% during the 3rd quarter. Gamco Investors INC. ET AL now owns 343,950 shares of the company’s stock worth $2,807,000 after buying an additional 5,248 shares during the period. Finally, Diversified Trust Co grew its position in shares of Liberty Latin America by 9.5% in the 4th quarter. Diversified Trust Co now owns 21,538 shares of the company’s stock valued at $157,000 after buying an additional 1,867 shares during the last quarter. Institutional investors own 18.48% of the company’s stock.

Liberty Latin America Price Performance

Shares of NASDAQ LILA opened at $8.67 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 3.29. The company has a market capitalization of $1.78 billion, a PE ratio of -33.35 and a beta of 1.12. The firm has a fifty day simple moving average of $7.13 and a 200 day simple moving average of $6.99. Liberty Latin America Ltd. has a twelve month low of $5.90 and a twelve month high of $9.85.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings data on Tuesday, May 7th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.16). Liberty Latin America had a negative net margin of 1.21% and a negative return on equity of 2.26%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the firm earned ($0.23) earnings per share. On average, sell-side analysts forecast that Liberty Latin America Ltd. will post -0.64 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder John C. Malone acquired 106,900 shares of the stock in a transaction dated Thursday, March 28th. The stock was bought at an average price of $6.99 per share, for a total transaction of $747,231.00. Following the purchase, the insider now directly owns 8,827,614 shares of the company’s stock, valued at approximately $61,705,021.86. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, major shareholder John C. Malone purchased 106,900 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The shares were acquired at an average cost of $6.99 per share, with a total value of $747,231.00. Following the purchase, the insider now owns 8,827,614 shares in the company, valued at $61,705,021.86. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul A. Gould purchased 200,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was purchased at an average price of $6.47 per share, for a total transaction of $1,294,000.00. Following the acquisition, the director now owns 445,916 shares of the company’s stock, valued at approximately $2,885,076.52. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 1,220,056 shares of company stock worth $8,247,512. Corporate insiders own 11.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered their price objective on Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Tuesday.

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.