Liberty Latin America Ltd. (NASDAQ: LILAK) SVP Aamir Hussain acquires 10,000 shares


Liberty Latin America Ltd. (NASDAQ: LILAKGet a rating) SVP Aamir Hussain acquired 10,000 shares of the company in a transaction dated Tuesday, May 24. The shares were purchased at an average price of $8.99 per share, with a total value of $89,900.00. Following the transaction, the senior vice president now owns 10,000 shares of the company, valued at $89,900. The acquisition was disclosed in an SEC filing, available at the SEC website.

Shares of NASDAQ: LILAK traded down $0.15 during Thursday’s trading, hitting $9.43. The company’s shares had a trading volume of 967,013 shares, compared to an average trading volume of 1,171,422 shares. Liberty Latin America Ltd. has a 12-month low of $7.76 and a 12-month high of $14.95. The company’s 50-day simple moving average is $9.71 and its two-hundred-day simple moving average is $10.61. The stock has a market capitalization of $2.13 billion, a PE ratio of -5.06 and a beta of 1.30.

Freedom Latin America (NASDAQ: LILAKGet a rating) last announced its quarterly results on Wednesday, February 23. The company reported EPS ($0.51) for the quarter. The company had revenue of $1.28 billion for the quarter.

A number of research analysts have weighed in on the company recently. Citigroup reduced its price target on Liberty Latin America from $18.00 to $16.00 and set a “buy” rating for the company in a Friday, March 11 research report. StockNews.com began covering Liberty Latin America stocks in a report on Thursday, March 31. They issued a “maintaining” rating for the company. TheStreet upgraded shares of Liberty Latin America from a “d” rating to a “c-” rating in a Friday, May 13 report. Finally, Scotiabank upgraded shares of Liberty Latin America from an “underperforming” rating to an “sector performing” rating in a Thursday, May 5, report. They noted that the move was a review call. Two equity research analysts rated the stock with a hold rating and two assigned the company a buy rating. According to data from MarketBeat, Liberty Latin America currently has an average rating of “Buy” and an average target price of $18.50.

A number of hedge funds and other institutional investors have recently changed their positions in the company. Genesis Investment Management LLP increased its stake in Liberty Latin America by 1.6% in the first quarter. Genesis Investment Management LLP now owns 9,976,715 shares of the company worth $95,677,000 after purchasing an additional 157,368 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Liberty Latin America by 8.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,993,024 shares of the company worth $67,065,000 after purchasing an additional 536,718 shares in the last quarter. Canyon Capital Advisors LLC increased its stake in Liberty Latin America by 21.4% in the first quarter. Canyon Capital Advisors LLC now owns 4,783,551 shares of the company worth $45,874,000 after purchasing an additional 842,561 shares in the last quarter. Vanguard Group Inc. increased its stake in Liberty Latin America by 4.0% in the first quarter. Vanguard Group Inc. now owns 3,452,758 shares of the company worth $33,111,000 after purchasing an additional 131,796 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Liberty Latin America by 4.3% in the fourth quarter. Geode Capital Management LLC now owns 3,008,940 shares of the company worth $34,301,000 after purchasing an additional 125,006 shares in the last quarter. 59.43% of the shares are held by institutional investors and hedge funds.

Liberty Latin America Company Profile (Get a rating)

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile and submarine telecommunications services. The Company operates through the C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR and Costa Rica segments. It offers communication and entertainment services, including video, high-speed Internet, fixed and mobile telephony services to residential and business customers; and commercial products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium-sized businesses, international enterprises, and government agencies .

Read more



Get news and reviews for Liberty Latin America Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Liberty Latin America and related companies with MarketBeat.com’s free daily email newsletter.