UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $674,000 Holdings in Liberty Latin America Ltd. (NASDAQ:LILA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Liberty Latin America Ltd. (NASDAQ:LILA) by 14.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,011 shares of the company’s stock after buying an additional 13,154 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.05% of Liberty Latin America worth $674,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of LILA. Hsbc Holdings PLC acquired a new stake in Liberty Latin America in the 4th quarter worth $2,526,000. D. E. Shaw & Co. Inc. grew its position in Liberty Latin America by 132.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 221,468 shares of the company’s stock worth $1,409,000 after purchasing an additional 126,383 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in Liberty Latin America in the 4th quarter worth $625,000. Bank of America Corp DE grew its position in Liberty Latin America by 38.3% in the 4th quarter. Bank of America Corp DE now owns 186,493 shares of the company’s stock worth $1,186,000 after purchasing an additional 51,664 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Liberty Latin America by 504.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 38,557 shares of the company’s stock worth $245,000 after purchasing an additional 32,182 shares during the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on LILA shares. Barclays lowered shares of Liberty Latin America from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $8.00 to $6.50 in a research report on Tuesday, February 25th. Benchmark upgraded shares of Liberty Latin America to a “strong-buy” rating in a research report on Monday, June 2nd.

Insider Activity

In other news, CEO Balan Nair purchased 22,779 shares of Liberty Latin America stock in a transaction on Monday, May 12th. The shares were purchased at an average cost of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the transaction, the chief executive officer now directly owns 1,651,001 shares in the company, valued at approximately $7,247,894.39. This represents a 1.40% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Christopher J. Noyes purchased 8,000 shares of Liberty Latin America stock in a transaction on Monday, May 12th. The stock was purchased at an average price of $4.53 per share, for a total transaction of $36,240.00. Following the completion of the transaction, the chief financial officer now owns 231,621 shares of the company’s stock, valued at approximately $1,049,243.13. This represents a 3.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.96% of the stock is owned by company insiders.

Liberty Latin America Price Performance

Shares of Liberty Latin America stock opened at $5.20 on Thursday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04. The firm’s 50-day simple moving average is $5.18 and its 200-day simple moving average is $6.17. Liberty Latin America Ltd. has a twelve month low of $4.25 and a twelve month high of $10.82. The firm has a market cap of $1.04 billion, a P/E ratio of -1.56 and a beta of 0.91.

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