DekaBank Deutsche Girozentrale Acquires New Holdings in Liberty Latin America Ltd. (NASDAQ:LILA)

DekaBank Deutsche Girozentrale acquired a new stake in Liberty Latin America Ltd. (NASDAQ:LILA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,324 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LILA. Trexquant Investment LP raised its stake in shares of Liberty Latin America by 2.4% during the third quarter. Trexquant Investment LP now owns 58,400 shares of the company’s stock valued at $361,000 after acquiring an additional 1,358 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Liberty Latin America by 6.0% during the second quarter. The Manufacturers Life Insurance Company now owns 24,475 shares of the company’s stock valued at $214,000 after acquiring an additional 1,380 shares during the last quarter. Occudo Quantitative Strategies LP raised its stake in shares of Liberty Latin America by 6.1% during the second quarter. Occudo Quantitative Strategies LP now owns 24,019 shares of the company’s stock valued at $187,000 after acquiring an additional 1,391 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Liberty Latin America by 62.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,769 shares of the company’s stock valued at $33,000 after acquiring an additional 1,451 shares during the last quarter. Finally, Mackenzie Financial Corp raised its stake in shares of Liberty Latin America by 0.6% during the third quarter. Mackenzie Financial Corp now owns 267,417 shares of the company’s stock valued at $2,056,000 after acquiring an additional 1,588 shares during the last quarter. Institutional investors own 18.48% of the company’s stock.

Liberty Latin America Price Performance

LILA stock opened at $7.20 on Thursday. The company has a fifty day moving average price of $6.71 and a 200-day moving average price of $6.96. The company has a market capitalization of $1.48 billion, a P/E ratio of -27.69 and a beta of 1.18. Liberty Latin America Ltd. has a 52-week low of $5.90 and a 52-week high of $9.85. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.13 and a current ratio of 1.13.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings data on Thursday, February 22nd. The company reported ($0.49) earnings per share for the quarter. Liberty Latin America had a negative return on equity of 2.26% and a negative net margin of 1.21%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.17 billion. As a group, equities analysts expect that Liberty Latin America Ltd. will post -0.64 EPS for the current year.

Insider Transactions at Liberty Latin America

In other news, major shareholder John C. Malone acquired 484,673 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was bought at an average cost of $6.72 per share, for a total transaction of $3,257,002.56. Following the completion of the transaction, the insider now directly owns 8,360,255 shares in the company, valued at approximately $56,180,913.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CAO Brian D. Zook sold 27,711 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $6.76, for a total transaction of $187,326.36. Following the completion of the sale, the chief accounting officer now directly owns 34,798 shares in the company, valued at $235,234.48. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder John C. Malone purchased 484,673 shares of Liberty Latin America stock in a transaction on Friday, March 22nd. The stock was bought at an average price of $6.72 per share, with a total value of $3,257,002.56. Following the completion of the acquisition, the insider now directly owns 8,360,255 shares of the company’s stock, valued at approximately $56,180,913.60. The disclosure for this purchase can be found here. Insiders bought a total of 1,220,056 shares of company stock worth $8,247,512 over the last three months. 11.35% of the stock is owned by company 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.