Wilmington Savings Fund Society FSB Purchases Shares of 16,986 Liberty Latin America Ltd. (NASDAQ:LILA)

Wilmington Savings Fund Society FSB acquired a new position in Liberty Latin America Ltd. (NASDAQ:LILA) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 16,986 shares of the company’s stock, valued at approximately $163,000.

Several other institutional investors have also recently made changes to their positions in LILA. Sanctuary Advisors LLC boosted its stake in Liberty Latin America by 7.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company’s stock worth $654,000 after purchasing an additional 4,917 shares during the period. Barclays PLC boosted its position in shares of Liberty Latin America by 81.6% during the third quarter. Barclays PLC now owns 70,419 shares of the company’s stock worth $675,000 after acquiring an additional 31,642 shares during the last quarter. XTX Topco Ltd grew its stake in Liberty Latin America by 33.6% during the third quarter. XTX Topco Ltd now owns 27,532 shares of the company’s stock valued at $264,000 after acquiring an additional 6,918 shares in the last quarter. Zacks Investment Management bought a new stake in Liberty Latin America in the 3rd quarter valued at $648,000. Finally, Centiva Capital LP purchased a new stake in Liberty Latin America in the 3rd quarter worth $241,000. Hedge funds and other institutional investors own 18.48% of the company’s stock.

Analyst Ratings Changes

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

Liberty Latin America Stock Down 2.9 %

NASDAQ LILA opened at $6.44 on Thursday. The stock has a 50 day moving average price of $8.17 and a 200-day moving average price of $9.00. 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 company has a market capitalization of $1.27 billion, a P/E ratio of -2.20 and a beta of 1.04.

Insider Activity at Liberty Latin America

In related news, Director Brendan J. Paddick acquired 5,053 shares of Liberty Latin America stock in a transaction on Friday, November 29th. The shares were bought at an average cost of $6.93 per share, with a total value of $35,017.29. Following the completion of the purchase, the director now directly owns 1,343,021 shares of the company’s stock, valued at $9,307,135.53. The trade was a 0.38 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have acquired a total of 106,298 shares of company stock valued at $735,327 over the last 90 days. 11.35% of the stock is owned by corporate insiders.

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.