Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick Buys 35,475 Shares

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 35,475 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were purchased at an average price of $7.04 per share, with a total value of $249,744.00. Following the completion of the purchase, the director now owns 1,273,443 shares in the company, valued at approximately $8,965,038.72. This trade represents a 2.87 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Liberty Latin America Price Performance

Shares of Liberty Latin America stock opened at $6.96 on Friday. The stock’s fifty day moving average is $8.84 and its 200 day moving average is $9.14. Liberty Latin America Ltd. has a one year low of $5.90 and a one year 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 market cap of $1.37 billion, a P/E ratio of -2.38 and a beta of 1.12.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Intech Investment Management LLC purchased a new stake in Liberty Latin America in the 3rd quarter worth approximately $104,000. SG Americas Securities LLC bought a new position in shares of Liberty Latin America in the third quarter worth approximately $120,000. Ground Swell Capital LLC purchased a new stake in shares of Liberty Latin America in the second quarter worth $122,000. DekaBank Deutsche Girozentrale raised its position in shares of Liberty Latin America by 304.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock valued at $149,000 after purchasing an additional 16,215 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Liberty Latin America during the 3rd quarter valued at $163,000. 18.48% of the stock is owned by hedge funds and other institutional investors.

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.