Sargent Investment Group LLC Makes New Investment in Liberty Latin America Ltd. (NASDAQ:LILAK)

Sargent Investment Group LLC purchased a new stake in Liberty Latin America Ltd. (NASDAQ:LILAK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 11,075 shares of the company’s stock, valued at approximately $69,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. nVerses Capital LLC purchased a new stake in Liberty Latin America during the third quarter valued at about $55,000. KBC Group NV grew its holdings in shares of Liberty Latin America by 62.5% during the 4th quarter. KBC Group NV now owns 11,879 shares of the company’s stock worth $75,000 after purchasing an additional 4,571 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Liberty Latin America during the 4th quarter worth about $94,000. Quantinno Capital Management LP acquired a new stake in Liberty Latin America during the 3rd quarter worth approximately $125,000. Finally, Algert Global LLC purchased a new position in Liberty Latin America in the second quarter valued at approximately $126,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Liberty Latin America Trading Up 4.7 %

NASDAQ:LILAK opened at $6.48 on Thursday. Liberty Latin America Ltd. has a one year low of $5.88 and a one year high of $10.93. The business’s 50-day simple moving average is $6.57 and its 200 day simple moving average is $8.30. 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 market cap of $1.27 billion, a price-to-earnings ratio of -2.21 and a beta of 1.03.

Liberty Latin America (NASDAQ:LILAK) last announced its quarterly earnings data on Wednesday, November 6th. The company reported ($2.22) earnings per share for the quarter. The company had revenue of $1.09 billion for the quarter. Liberty Latin America had a negative return on equity of 27.22% and a negative net margin of 13.02%.

Insider Transactions at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick acquired 18,011 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the completion of the purchase, the director now directly owns 1,437,518 shares in the company, valued at $8,797,610.16. The trade was a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In the last quarter, insiders bought 156,298 shares of company stock worth $1,043,886. 9.66% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on LILAK shares. Scotiabank decreased their target price on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research report on Friday, November 8th. The Goldman Sachs Group lowered their price objective on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a research report on Wednesday, December 4th.

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.