Timber Creek Capital Management LLC Has $385,000 Position in Liberty Latin America Ltd. (NASDAQ:LILAK)

Timber Creek Capital Management LLC cut its position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 80.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,752 shares of the company’s stock after selling 251,368 shares during the quarter. Timber Creek Capital Management LLC’s holdings in Liberty Latin America were worth $385,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in LILAK. nVerses Capital LLC purchased a new stake in shares of Liberty Latin America in the third quarter valued at about $55,000. Bleakley Financial Group LLC bought a new position in Liberty Latin America in the 4th quarter worth approximately $65,000. Sargent Investment Group LLC bought a new stake in shares of Liberty Latin America during the 4th quarter valued at $69,000. KBC Group NV increased its position in shares of Liberty Latin America by 62.5% during the fourth quarter. KBC Group NV now owns 11,879 shares of the company’s stock valued at $75,000 after buying an additional 4,571 shares during the period. Finally, Quantinno Capital Management LP purchased a new stake in Liberty Latin America in the 3rd quarter worth approximately $125,000. 52.98% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on LILAK shares. The Goldman Sachs Group cut their price objective on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Scotiabank reduced their price target on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a research report on Friday, November 8th.

Insider Transactions at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick purchased 35,475 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were bought 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 directly owns 1,273,443 shares in the company, valued at $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 SEC, which is available through the SEC website. Insiders have acquired 156,298 shares of company stock worth $1,043,886 in the last 90 days. 9.66% of the stock is currently owned by insiders.

Liberty Latin America Stock Performance

Shares of NASDAQ LILAK opened at $7.03 on Wednesday. The firm’s 50-day moving average price is $6.59 and its 200-day moving average price is $8.10. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America Ltd. has a 52-week low of $5.88 and a 52-week high of $10.93.

Liberty Latin America 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.