Liberty Latin America Ltd. (NASDAQ:LILAK) Shares Purchased by UMB Bank n.a.

UMB Bank n.a. increased its position in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 970.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 282,937 shares of the company’s stock after purchasing an additional 256,504 shares during the period. UMB Bank n.a. owned 0.14% of Liberty Latin America worth $1,794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of LILAK. American Century Companies Inc. lifted its stake in shares of Liberty Latin America by 11.6% in the 2nd quarter. American Century Companies Inc. now owns 217,427 shares of the company’s stock valued at $2,092,000 after purchasing an additional 22,580 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Liberty Latin America in the 2nd quarter valued at approximately $593,000. Canada Pension Plan Investment Board acquired a new position in shares of Liberty Latin America in the 2nd quarter worth approximately $1,894,000. AQR Capital Management LLC boosted its position in shares of Liberty Latin America by 77.9% during the 2nd quarter. AQR Capital Management LLC now owns 243,788 shares of the company’s stock worth $2,345,000 after purchasing an additional 106,721 shares during the period. Finally, Millennium Management LLC increased its holdings in Liberty Latin America by 305.1% in the 2nd quarter. Millennium Management LLC now owns 986,782 shares of the company’s stock valued at $9,493,000 after purchasing an additional 743,197 shares during the last quarter. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Liberty Latin America Stock Performance

NASDAQ:LILAK opened at $6.66 on Tuesday. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -2.27 and a beta of 1.04. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America Ltd. has a 52 week low of $5.95 and a 52 week high of $10.93. The company has a fifty day simple moving average of $6.64 and a two-hundred day simple moving average of $8.55.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Scotiabank dropped their price objective on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research note on Friday, November 8th. The Goldman Sachs Group dropped their target price on 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.

Insider Buying and Selling

In other Liberty Latin America news, Director Brendan J. Paddick acquired 35,475 shares of the stock in a transaction dated Tuesday, November 26th. The stock was acquired at an average cost of $7.04 per share, with a total value of $249,744.00. Following the transaction, the director now owns 1,273,443 shares in the company, valued at $8,965,038.72. The trade was a 2.87 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought 156,298 shares of company stock worth $1,043,886 over the last 90 days. 9.66% of the stock is owned by insiders.

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.