Brendan J. Paddick Acquires 35,475 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick acquired 35,475 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was purchased at an average price of $7.04 per share, for a total transaction of $249,744.00. Following the transaction, the director now directly owns 1,273,443 shares of the company’s stock, valued at approximately $8,965,038.72. This trade represents a 2.87 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Liberty Latin America Trading Down 1.4 %

Shares of NASDAQ LILA traded down $0.10 during midday trading on Friday, hitting $6.96. 143,135 shares of the company traded hands, compared to its average volume of 368,682. Liberty Latin America Ltd. has a 12-month low of $5.90 and a 12-month high of $10.81. 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 stock has a 50-day moving average price of $8.90 and a 200 day moving average price of $9.15. The firm has a market cap of $1.37 billion, a P/E ratio of -2.41 and a beta of 1.12.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 4th.

Hedge Funds Weigh In On Liberty Latin America

Several hedge funds and other institutional investors have recently modified their holdings of LILA. FMR LLC increased its position in shares of Liberty Latin America by 60,327.0% during the third quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after buying an additional 2,157,293 shares during the period. Banco Santander S.A. purchased a new position in shares of Liberty Latin America during the second quarter valued at about $5,203,000. State of New Jersey Common Pension Fund D purchased a new position in shares of Liberty Latin America during the second quarter valued at about $2,073,000. Virtu Financial LLC grew its holdings in Liberty Latin America by 173.1% in the second quarter. Virtu Financial LLC now owns 332,077 shares of the company’s stock worth $3,191,000 after purchasing an additional 210,483 shares during the period. Finally, Zacks Investment Management purchased a new stake in Liberty Latin America in the third quarter worth about $648,000. Hedge funds and other institutional investors own 18.48% of the company’s stock.

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.