2 weeks Ago By ABMN Staff
Prudential Financial Inc. reduced its position in shares of Liberty Latin America Ltd. ( NASDAQ:LILA – Free Report ) by 9.
3% during the 4th quarter, HoldingsChannel reports. The firm owned 246,780 shares of the company’s stock after selling 25,200 shares during the period. Prudential Financial Inc.
’s holdings in Liberty Latin America were worth $1,570,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in shares of Liberty Latin America during the 4th quarter worth $37,000.
SG Americas Securities LLC grew its holdings in Liberty Latin America by 15.9% during the 4th 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 in the last quarter.
Flagship Harbor Advisors LLC purchased a new position in Liberty Latin America during the 4th quarter valued at about $96,000. Intech Investment Management LLC bought a new stake in shares of Liberty Latin America in the 3rd quarter valued at about $104,000. Finally, ABC Arbitrage SA purchased a new stake in shares of Liberty Latin America in the 4th quarter worth approximately $136,000.
18.48% of the stock is owned by institutional investors. Wall Street Analysts Forecast Growth Separately, Barclays lowered shares of Liberty Latin America from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $8.
00 to $6.50 in a report on Tuesday, February 25th. Liberty Latin America Trading Down 7.
9 % Shares of NASDAQ LILA opened at $5.69 on Friday. Liberty Latin America Ltd.
has a 1-year low of $5.56 and a 1-year high of $10.82.
The business has a fifty day moving average price of $6.71 and a 200 day moving average price of $7.49.
The stock has a market capitalization of $1.12 billion, a P/E ratio of -1.70 and a beta of 0.
85. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.
04 and a quick ratio of 1.06. Liberty Latin America ( NASDAQ:LILA – Get Free Report ) last released its quarterly earnings results on Wednesday, February 19th.
The company reported ($0.90) EPS for the quarter. Liberty Latin America had a negative net margin of 14.
74% and a negative return on equity of 33.41%. The firm had revenue of $1.
15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Equities research analysts expect that Liberty Latin America Ltd.
will post -0.22 EPS for the current fiscal year. Liberty Latin America Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding LILA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Latin America Ltd. ( NASDAQ:LILA – Free Report ).
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