Vanguard Group Inc. Has $21.61 Million Stake in Liberty Latin America Ltd. (NASDAQ:LILAK)

Vanguard Group Inc. decreased its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,407,983 shares of the company’s stock after selling 12,894 shares during the period. Vanguard Group Inc. owned approximately 1.73% of Liberty Latin America worth $21,607,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Verition Fund Management LLC purchased a new stake in shares of Liberty Latin America during the 3rd quarter valued at $187,000. Quantinno Capital Management LP purchased a new stake in Liberty Latin America during the third quarter worth about $125,000. State Street Corp raised its position in Liberty Latin America by 0.4% in the third quarter. State Street Corp now owns 3,290,866 shares of the company’s stock worth $31,230,000 after acquiring an additional 11,510 shares during the period. Barclays PLC boosted its stake in Liberty Latin America by 55.8% in the third quarter. Barclays PLC now owns 200,249 shares of the company’s stock valued at $1,900,000 after acquiring an additional 71,734 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Liberty Latin America by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company’s stock valued at $32,073,000 after acquiring an additional 39,711 shares during the period. Institutional investors and hedge funds own 52.98% of the company’s stock.

Liberty Latin America Price Performance

Shares of NASDAQ LILAK opened at $5.24 on Wednesday. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $1.03 billion, a PE ratio of -1.57 and a beta of 0.83. Liberty Latin America Ltd. has a one year low of $5.10 and a one year high of $10.93. The business’s fifty day moving average price is $6.45 and its 200-day moving average price is $7.17.

Liberty Latin America (NASDAQ:LILAK) last announced its quarterly earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($1.05). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion.

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.