Liberty Latin America Ltd. (NASDAQ:LILA) Director Eric Louis Zinterhofer Acquires 75,000 Shares of Stock

Liberty Latin America Ltd. (NASDAQ:LILA – Get Rating) Director Eric Louis Zinterhofer acquired 75,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 16th. The stock was bought at an average cost of $7.82 per share, with a total value of $586,500.00. Following the completion of the transaction, the director now directly owns 12,143,289 shares in the company, valued at $94,960,519.98. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

Liberty Latin America Price Performance

Shares of Liberty Latin America stock remained flat at $7.86 during midday trading on Friday. 1,071,215 shares of the company traded hands, compared to its average volume of 245,298. The stock has a market capitalization of $1.69 billion, a PE ratio of -10.21 and a beta of 1.34. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 2.98. The business has a 50-day moving average price of $8.99 and a two-hundred day moving average price of $7.89. Liberty Latin America Ltd. has a 52-week low of $5.90 and a 52-week high of $11.34.

Liberty Latin America (NASDAQ:LILA – Get Rating) last announced its quarterly earnings data on Wednesday, February 22nd. The company reported $0.59 EPS for the quarter. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.26 billion. Liberty Latin America had a negative net margin of 3.54% and a negative return on equity of 6.49%. As a group, analysts expect that Liberty Latin America Ltd. will post -0.5 EPS for the current year.

Hedge Funds Weigh In On Liberty Latin America

Institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. raised its position in Liberty Latin America by 36.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 7,628 shares of the company’s stock worth $46,000 after buying an additional 2,019 shares during the last quarter. Ensign Peak Advisors Inc purchased a new position in Liberty Latin America during the 3rd quarter worth approximately $46,000. Nisa Investment Advisors LLC purchased a new position in Liberty Latin America during the 3rd quarter worth approximately $55,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Liberty Latin America by 86.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,223 shares of the company’s stock worth $85,000 after buying an additional 5,188 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in Liberty Latin America by 23.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 14,990 shares of the company’s stock worth $92,000 after buying an additional 2,861 shares during the last quarter. 15.27% of the stock is owned by hedge funds and other institutional investors.

About Liberty Latin America

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Liberty Latin America Ltd. is a holding company, which engages in the provision of fixed, mobile, and subsea telecommunications services. It operates through the following segments: C and W Carribean, C and W Panama, Cand W Networks and LatAm, Liberty Puerto Rico, Liberty Costa Rica, and VTR. The company was founded in 2010 and is headquartered in Denver, CO.