Voya Investment Management LLC Sells 3,855 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

Voya Investment Management LLC lowered its stake in Liberty Latin America Ltd. (NASDAQ:LILAK) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 51,547 shares of the company’s stock after selling 3,855 shares during the quarter. Voya Investment Management LLC’s holdings in Liberty Latin America were worth $327,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Hsbc Holdings PLC boosted its position in shares of Liberty Latin America by 4,054.1% during the fourth quarter. Hsbc Holdings PLC now owns 809,417 shares of the company’s stock valued at $5,087,000 after purchasing an additional 789,932 shares in the last quarter. Wittenberg Investment Management Inc. lifted its position in Liberty Latin America by 66.8% during the fourth quarter. Wittenberg Investment Management Inc. now owns 293,775 shares of the company’s stock valued at $1,863,000 after buying an additional 117,683 shares during the period. Barclays PLC boosted its holdings in shares of Liberty Latin America by 55.8% during the 3rd quarter. Barclays PLC now owns 200,249 shares of the company’s stock valued at $1,900,000 after buying an additional 71,734 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Liberty Latin America by 10.2% in the 3rd quarter. Franklin Resources Inc. now owns 91,461 shares of the company’s stock worth $868,000 after buying an additional 8,454 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Liberty Latin America by 28.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,929,978 shares of the company’s stock worth $24,916,000 after acquiring an additional 869,420 shares in the last quarter. 52.98% of the stock is owned by hedge funds and other institutional investors.

Liberty Latin America Price Performance

Shares of LILAK opened at $4.53 on Monday. Liberty Latin America Ltd. has a fifty-two week low of $4.23 and a fifty-two week high of $10.93. The firm’s 50-day simple moving average is $5.88 and its two-hundred day simple moving average is $6.62. The stock has a market cap of $891.96 million, a PE ratio of -1.36 and a beta of 0.92. 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, May 7th. The company reported ($0.69) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.55). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion.

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.