Dimensional Fund Advisors LP Grows Position in Liberty Latin America Ltd. (NASDAQ:LILA)

Dimensional Fund Advisors LP boosted its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,454,942 shares of the company’s stock after buying an additional 24,752 shares during the period. Dimensional Fund Advisors LP owned approximately 1.25% of Liberty Latin America worth $15,613,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LILA. Barclays PLC grew its position in Liberty Latin America by 81.6% in the third quarter. Barclays PLC now owns 70,419 shares of the company’s stock worth $675,000 after acquiring an additional 31,642 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Liberty Latin America by 2,129.7% during the fourth quarter. UMB Bank n.a. now owns 169,415 shares of the company’s stock valued at $1,077,000 after buying an additional 161,817 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Liberty Latin America in the 4th quarter valued at $37,000. Empowered Funds LLC increased its stake in Liberty Latin America by 5.1% in the 4th quarter. Empowered Funds LLC now owns 200,090 shares of the company’s stock worth $1,273,000 after buying an additional 9,627 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of Liberty Latin America by 15.9% during the fourth quarter. SG Americas Securities LLC now owns 14,560 shares of the company’s stock worth $93,000 after acquiring an additional 2,002 shares during the period. 18.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Barclays cut Liberty Latin America from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $8.00 to $6.50 in a report on Tuesday, February 25th.

Liberty Latin America Stock Down 15.6 %

Shares of NASDAQ LILA opened at $4.64 on Friday. The stock has a market capitalization of $914.01 million, a PE ratio of -1.39 and a beta of 0.94. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 4.68. The stock’s fifty day simple moving average is $5.94 and its two-hundred day simple moving average is $6.74. Liberty Latin America Ltd. has a 12-month low of $4.25 and a 12-month high of $10.82.

Liberty Latin America (NASDAQ:LILA) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.62). The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. As a group, analysts expect that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

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.