Russell Investments Group Ltd. Has $1.26 Million Stock Position in Liberty Latin America Ltd. (NASDAQ:LILAK)

Russell Investments Group Ltd. cut its position in Liberty Latin America Ltd. (NASDAQ:LILAK) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,347 shares of the company’s stock after selling 24,194 shares during the period. Russell Investments Group Ltd. owned 0.10% of Liberty Latin America worth $1,258,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in LILAK. Wittenberg Investment Management Inc. grew its stake in shares of Liberty Latin America by 66.8% in the 4th quarter. Wittenberg Investment Management Inc. now owns 293,775 shares of the company’s stock worth $1,863,000 after acquiring an additional 117,683 shares in the last quarter. Barclays PLC grew its position in Liberty Latin America by 55.8% in the 3rd quarter. Barclays PLC now owns 200,249 shares of the company’s stock worth $1,900,000 after purchasing an additional 71,734 shares in the last quarter. Franklin Resources Inc. grew its position in Liberty Latin America by 10.2% in the 3rd quarter. Franklin Resources Inc. now owns 91,461 shares of the company’s stock worth $868,000 after purchasing an additional 8,454 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Liberty Latin America by 28.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,929,978 shares of the company’s stock valued at $24,916,000 after buying an additional 869,420 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Liberty Latin America by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company’s stock worth $32,073,000 after buying an additional 39,711 shares during the last quarter. 52.98% of the stock is owned by institutional investors and hedge funds.

Liberty Latin America Stock Performance

LILAK stock opened at $5.36 on Monday. Liberty Latin America Ltd. has a 12-month low of $5.10 and a 12-month high of $10.93. The firm has a market cap of $1.06 billion, a PE ratio of -1.60 and a beta of 0.83. The business has a 50 day moving average of $6.37 and a 200-day moving average of $7.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.

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

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.