Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick Purchases 5,053 Shares

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 5,053 shares of Liberty Latin America stock in a transaction dated Friday, November 29th. The shares were bought at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the transaction, the director now directly owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. The trade was a 0.38 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Liberty Latin America Stock Performance

Shares of NASDAQ:LILA traded down $0.10 during trading hours on Friday, hitting $6.96. The stock had a trading volume of 143,135 shares, compared to its average volume of 368,682. The stock’s fifty day simple moving average is $8.90 and its 200 day simple moving average is $9.15. 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 firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of -2.38 and a beta of 1.12. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $10.81.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new position in shares of Liberty Latin America in the second quarter valued at approximately $608,000. State of New Jersey Common Pension Fund D bought a new position in shares of Liberty Latin America in the second quarter valued at approximately $2,073,000. Banco Santander S.A. bought a new position in shares of Liberty Latin America in the second quarter valued at approximately $5,203,000. DekaBank Deutsche Girozentrale boosted its holdings in Liberty Latin America by 304.6% during the first quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock worth $149,000 after buying an additional 16,215 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Liberty Latin America by 7.4% during the second quarter. Principal Financial Group Inc. now owns 22,129 shares of the company’s stock worth $213,000 after buying an additional 1,523 shares in the last quarter. 18.48% of the stock is currently owned by 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.