GSA Capital Partners LLP Purchases 67,123 Shares of Liberty Latin America Ltd. (NASDAQ:LILA)

GSA Capital Partners LLP grew its position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) by 80.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,965 shares of the company’s stock after buying an additional 67,123 shares during the quarter. GSA Capital Partners LLP owned 0.07% of Liberty Latin America worth $1,052,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale bought a new position in shares of Liberty Latin America during the 4th quarter worth approximately $38,000. TFO Wealth Partners LLC increased its stake in shares of Liberty Latin America by 17,797.6% during the 4th quarter. TFO Wealth Partners LLC now owns 7,338 shares of the company’s stock worth $54,000 after purchasing an additional 7,297 shares during the last quarter. Cullen Investment Group LTD. purchased a new stake in shares of Liberty Latin America during the 4th quarter worth approximately $86,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Latin America by 38.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,545 shares of the company’s stock worth $114,000 after purchasing an additional 4,322 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Liberty Latin America by 80.8% during the 1st quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company’s stock worth $117,000 after purchasing an additional 7,494 shares during the last quarter. Institutional investors own 18.48% of the company’s stock.

Insider Buying and Selling at Liberty Latin America

In other news, Director Brendan J. Paddick purchased 250,000 shares of the business’s stock in a transaction on Friday, June 21st. The stock was purchased at an average cost of $8.85 per share, with a total value of $2,212,500.00. Following the acquisition, the director now directly owns 886,108 shares in the company, valued at $7,842,055.80. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Brendan J. Paddick acquired 250,000 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was bought at an average cost of $8.85 per share, with a total value of $2,212,500.00. Following the acquisition, the director now owns 886,108 shares of the company’s stock, valued at approximately $7,842,055.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brendan J. Paddick acquired 150,000 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were bought at an average cost of $9.10 per share, with a total value of $1,365,000.00. Following the completion of the acquisition, the director now directly owns 1,036,108 shares in the company, valued at approximately $9,428,582.80. The disclosure for this purchase can be found here. Insiders own 11.35% of the company’s stock.

Wall Street Analyst Weigh In

LILA has been the subject of several research analyst reports. The Goldman Sachs Group raised their price target on shares of Liberty Latin America from $8.40 to $9.30 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Barclays reduced their price objective on shares of Liberty Latin America from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 7th.

Liberty Latin America Price Performance

Liberty Latin America stock traded up $0.05 during mid-day trading on Wednesday, reaching $9.38. The company’s stock had a trading volume of 54,048 shares, compared to its average volume of 416,856. Liberty Latin America Ltd. has a 12-month low of $5.90 and a 12-month high of $9.85. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.33. The firm’s fifty day moving average price is $8.73 and its two-hundred day moving average price is $7.56.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.16). Liberty Latin America had a negative net margin of 0.12% and a negative return on equity of 0.23%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned ($0.23) earnings per share. As a group, equities analysts forecast that Liberty Latin America Ltd. will post -0.64 earnings per share for the current year.

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.