Liberty Latin America Ltd. (NASDAQ:LILAK) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. boosted its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 1,604.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,660 shares of the company’s stock after purchasing an additional 20,389 shares during the period. Harbor Capital Advisors Inc.’s holdings in Liberty Latin America were worth $135,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. UMB Bank n.a. lifted its stake in Liberty Latin America by 42.8% during the first quarter. UMB Bank n.a. now owns 404,042 shares of the company’s stock valued at $2,509,000 after purchasing an additional 121,105 shares during the last quarter. Sterneck Capital Management LLC lifted its position in shares of Liberty Latin America by 6.6% in the 1st quarter. Sterneck Capital Management LLC now owns 77,208 shares of the company’s stock valued at $479,000 after acquiring an additional 4,800 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Liberty Latin America by 577.2% in the 1st quarter. GAMMA Investing LLC now owns 11,811 shares of the company’s stock valued at $73,000 after acquiring an additional 10,067 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Liberty Latin America by 556.5% in the 1st quarter. Versant Capital Management Inc now owns 5,331 shares of the company’s stock valued at $33,000 after acquiring an additional 4,519 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its position in shares of Liberty Latin America by 18.9% in the 4th quarter. Mackenzie Financial Corp now owns 84,115 shares of the company’s stock valued at $533,000 after acquiring an additional 13,358 shares in the last quarter. 52.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, CFO Christopher J. Noyes purchased 8,000 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were bought at an average price of $4.53 per share, for a total transaction of $36,240.00. Following the purchase, the chief financial officer now directly owns 231,621 shares in the company, valued at $1,049,243.13. This trade represents a 3.58% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Balan Nair purchased 22,779 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the purchase, the chief executive officer now owns 1,651,001 shares in the company, valued at $7,247,894.39. The trade was a 1.40% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 9.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Liberty Latin America from a “buy” rating to a “hold” rating in a research report on Tuesday, May 20th.

Liberty Latin America Stock Down 3.6%

Shares of NASDAQ:LILAK opened at $5.36 on Monday. The company has a market cap of $1.07 billion, a PE ratio of -1.60 and a beta of 0.89. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a 50 day simple moving average of $5.24 and a 200 day simple moving average of $6.12. Liberty Latin America Ltd. has a 52 week low of $4.23 and a 52 week high of $10.93.

Liberty Latin America (NASDAQ:LILAK) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.55). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

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.