A number of other research analysts also recently commented on LILA. TheStreet raised shares of Liberty Latin America from a “d+” rating to a “c” rating in a research report on Wednesday, November 6th. Scotiabank downgraded shares of Liberty Latin America from a “sector perform” rating to an “underperform” rating in a research report on Monday, December 2nd. Zacks Investment Research raised shares of Liberty Latin America from a “sell” rating to a “hold” rating in a research report on Saturday, January 4th. Finally, Barclays raised shares of Liberty Latin America from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $18.00 to $20.00 in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Liberty Latin America has a consensus rating of “Hold” and an average target price of $23.75.
Shares of LILA opened at $17.08 on Thursday. Liberty Latin America has a twelve month low of $14.89 and a twelve month high of $21.90. The firm’s fifty day simple moving average is $18.24 and its 200-day simple moving average is $17.70. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of -8.63 and a beta of 1.83.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bourgeon Capital Management LLC purchased a new position in Liberty Latin America during the 3rd quarter worth $37,000. Searchlight Capital Partners L.P. grew its position in Liberty Latin America by 214.7% during the 4th quarter. Searchlight Capital Partners L.P. now owns 5,048 shares of the company’s stock worth $97,000 after purchasing an additional 3,444 shares during the last quarter. SG Americas Securities LLC purchased a new position in Liberty Latin America during the 4th quarter worth $183,000. K2 Principal Fund L.P. purchased a new position in Liberty Latin America during the 4th quarter worth $195,000. Finally, Meeder Asset Management Inc. grew its position in Liberty Latin America by 397.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 16,351 shares of the company’s stock worth $280,000 after purchasing an additional 13,064 shares during the last quarter. 21.60% of the stock is currently owned by hedge funds and other institutional investors.
Liberty Latin America Company Profile
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. It offers communications and entertainment services, including video, broadband Internet, fixed-line telephony, and mobile 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.
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