Wilmington Savings Fund Society FSB Invests $163,000 in Liberty Latin America Ltd. (NASDAQ:LILA)

Wilmington Savings Fund Society FSB purchased a new position in Liberty Latin America Ltd. (NASDAQ:LILA) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 16,986 shares of the company’s stock, valued at approximately $163,000.

Several other large investors have also recently modified their holdings of LILA. Intech Investment Management LLC bought a new stake in Liberty Latin America in the 3rd quarter worth about $104,000. SG Americas Securities LLC bought a new stake in shares of Liberty Latin America in the third quarter worth approximately $120,000. Ground Swell Capital LLC purchased a new position in shares of Liberty Latin America during the second quarter valued at approximately $122,000. XTX Topco Ltd lifted its position in Liberty Latin America by 78.2% during the second quarter. XTX Topco Ltd now owns 20,614 shares of the company’s stock valued at $198,000 after purchasing an additional 9,045 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Liberty Latin America by 48.6% in the third quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company’s stock worth $205,000 after purchasing an additional 6,999 shares during the last quarter. Hedge funds and other institutional investors own 18.48% of the company’s stock.

Liberty Latin America Stock Performance

NASDAQ:LILA opened at $6.44 on Thursday. 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 stock has a 50-day simple moving average of $8.17 and a two-hundred day simple moving average of $9.00. The firm has a market capitalization of $1.27 billion, a PE ratio of -2.20 and a beta of 1.04. Liberty Latin America Ltd. has a 52-week low of $5.90 and a 52-week 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.

Insider Activity

In other news, Director Brendan J. Paddick bought 5,053 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were bought at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the purchase, the director now owns 1,343,021 shares in the company, valued at approximately $9,307,135.53. The trade was a 0.38 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have purchased a total of 106,298 shares of company stock valued at $735,327 in the last ninety days. Corporate insiders own 11.35% of the company’s stock.

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.