Vanguard Group Inc. Sells 12,894 Shares of Liberty Latin America Ltd. (NASDAQ:LILAK)

Vanguard Group Inc. decreased its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,407,983 shares of the company’s stock after selling 12,894 shares during the period. Vanguard Group Inc.’s holdings in Liberty Latin America were worth $21,607,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LILAK. Bleakley Financial Group LLC bought a new position in shares of Liberty Latin America in the 4th quarter worth approximately $65,000. Sargent Investment Group LLC purchased a new stake in Liberty Latin America during the fourth quarter valued at approximately $69,000. KBC Group NV raised its position in Liberty Latin America by 62.5% in the fourth quarter. KBC Group NV now owns 11,879 shares of the company’s stock worth $75,000 after acquiring an additional 4,571 shares during the period. Quantinno Capital Management LP bought a new position in Liberty Latin America in the third quarter worth approximately $125,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new position in shares of Liberty Latin America during the 4th quarter worth $94,000. Institutional investors own 52.98% of the company’s stock.

Liberty Latin America Stock Performance

NASDAQ:LILAK opened at $5.24 on Wednesday. Liberty Latin America Ltd. has a one year low of $5.10 and a one year high of $10.93. The business has a fifty day moving average price of $6.45 and a 200-day moving average price of $7.17. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of -1.57 and a beta of 0.83. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06.

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

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.