S&CO Inc. Sells 17,114 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

S&CO Inc. cut its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 2.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 601,818 shares of the company’s stock after selling 17,114 shares during the period. S&CO Inc. owned 0.31% of Liberty Latin America worth $5,711,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. ProShare Advisors LLC boosted its stake in shares of Liberty Latin America by 8.5% during the first quarter. ProShare Advisors LLC now owns 24,721 shares of the company’s stock valued at $173,000 after purchasing an additional 1,944 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Liberty Latin America by 29.9% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,691 shares of the company’s stock valued at $132,000 after acquiring an additional 3,150 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Liberty Latin America by 6.7% in the second quarter. Principal Financial Group Inc. now owns 66,269 shares of the company’s stock worth $638,000 after buying an additional 4,180 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Liberty Latin America by 4.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 110,116 shares of the company’s stock worth $770,000 after purchasing an additional 4,487 shares during the last quarter. Finally, nVerses Capital LLC purchased a new position in shares of Liberty Latin America during the third quarter worth $55,000. 52.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, CAO Brian D. Zook sold 26,197 shares of Liberty Latin America stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $9.58, for a total transaction of $250,967.26. Following the transaction, the chief accounting officer now directly owns 28,788 shares of the company’s stock, valued at $275,789.04. The trade was a 47.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 9.66% of the stock is currently owned by insiders.

Liberty Latin America Trading Down 0.8 %

Shares of NASDAQ LILAK opened at $6.39 on Friday. Liberty Latin America Ltd. has a 52 week low of $5.95 and a 52 week high of $10.93. The firm has a 50-day moving average price of $9.23 and a 200 day moving average price of $9.22.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Pivotal Research dropped their target price on shares of Liberty Latin America from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Scotiabank reduced their price target on shares of Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a research note on Friday, November 8th. StockNews.com downgraded shares of Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $10.50 price objective (up previously from $9.30) on shares of Liberty Latin America in a report on Wednesday, September 4th.

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.