Mitsubishi UFJ Trust & Banking Corp Sells 1,624 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 1.5% in the fourth quarter, Holdings Channel reports. The firm owned 104,132 shares of the company’s stock after selling 1,624 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Liberty Latin America were worth $660,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of LILAK. Bleakley Financial Group LLC purchased a new position in shares of Liberty Latin America in the fourth quarter worth $65,000. Sargent Investment Group LLC purchased a new position in Liberty Latin America in the 4th quarter worth about $69,000. KBC Group NV lifted its stake in Liberty Latin America by 62.5% during the 4th quarter. KBC Group NV now owns 11,879 shares of the company’s stock valued at $75,000 after acquiring 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 valued at about $94,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Liberty Latin America in the fourth quarter worth approximately $102,000. 52.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, 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 on the stock in a research report on Wednesday, December 4th.

Liberty Latin America Stock Performance

Shares of NASDAQ:LILAK opened at $6.21 on Wednesday. The stock’s 50-day simple moving average is $6.71 and its two-hundred day simple moving average is $7.49. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -1.86 and a beta of 1.01. Liberty Latin America Ltd. has a 52-week low of $5.88 and a 52-week high of $10.93. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06.

Liberty Latin America (NASDAQ:LILAK) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($1.05). Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion.

Liberty Latin America 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.