Brian D. Zook Sells 26,197 Shares of Liberty Latin America Ltd. (NASDAQ:LILA) Stock

Liberty Latin America Ltd. (NASDAQ:LILA) CAO Brian D. Zook sold 26,197 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $9.58, for a total value of $250,967.26. Following the sale, the chief accounting officer now directly owns 28,788 shares of the company’s stock, valued at $275,789.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Liberty Latin America Price Performance

Liberty Latin America stock opened at $9.18 on Friday. The company has a market cap of $1.81 billion, a P/E ratio of -306.00 and a beta of 1.14. Liberty Latin America Ltd. has a one year low of $5.90 and a one year high of $10.81. The business has a fifty day moving average of $9.51 and a two-hundred day moving average of $8.14. The company has a debt-to-equity ratio of 3.33, a quick ratio of 1.12 and a current ratio of 1.12.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.22) EPS for the quarter. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.13 billion. Liberty Latin America had a negative net margin of 0.12% and a negative return on equity of 0.23%. During the same quarter last year, the business earned $0.17 EPS. As a group, analysts predict that Liberty Latin America Ltd. will post -0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Liberty Latin America

Institutional investors have recently modified their holdings of the company. Banco Santander S.A. purchased a new position in Liberty Latin America in the 2nd quarter valued at approximately $5,203,000. State of New Jersey Common Pension Fund D acquired a new position in shares of Liberty Latin America during the 2nd quarter worth $2,073,000. Virtu Financial LLC raised its stake in shares of Liberty Latin America by 173.1% during the 2nd quarter. Virtu Financial LLC now owns 332,077 shares of the company’s stock worth $3,191,000 after buying an additional 210,483 shares during the last quarter. Wittenberg Investment Management Inc. boosted its position in shares of Liberty Latin America by 15.8% in the 1st quarter. Wittenberg Investment Management Inc. now owns 922,471 shares of the company’s stock worth $6,430,000 after buying an additional 125,639 shares in the last quarter. Finally, Gamco Investors INC. ET AL grew its stake in Liberty Latin America by 21.3% in the 1st quarter. Gamco Investors INC. ET AL now owns 465,241 shares of the company’s stock valued at $3,243,000 after acquiring an additional 81,627 shares during the last quarter. Hedge funds and other institutional investors own 18.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on LILA shares. Barclays cut their price objective on shares of Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 7th. Scotiabank cut shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 18th. Finally, The Goldman Sachs Group lifted their price objective on Liberty Latin America from $8.40 to $9.30 and gave the company a “buy” rating in a report on Tuesday, May 28th.

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.