UMB Bank n.a. grew its stake in Liberty Latin America Ltd. (NASDAQ:LILA – Free Report) by 2,129.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,415 shares of the company’s stock after purchasing an additional 161,817 shares during the quarter. UMB Bank n.a. owned approximately 0.09% of Liberty Latin America worth $1,077,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the stock. FMR LLC increased its stake in Liberty Latin America by 60,327.0% in the 3rd quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after buying an additional 2,157,293 shares during the last quarter. Banco Santander S.A. increased its position in shares of Liberty Latin America by 47.8% during the third quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock valued at $7,664,000 after acquiring an additional 258,631 shares during the last quarter. Zacks Investment Management bought a new stake in Liberty Latin America during the third quarter worth $648,000. Sanctuary Advisors LLC purchased a new position in Liberty Latin America in the second quarter worth $608,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Liberty Latin America by 143.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,857 shares of the company’s stock valued at $890,000 after purchasing an additional 54,787 shares during the period. Hedge funds and other institutional investors own 18.48% of the company’s stock.
Insider Buying and Selling at Liberty Latin America
In other news, Director Brendan J. Paddick purchased 5,053 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were purchased at an average price of $6.93 per share, with a total value of $35,017.29. Following the transaction, the director now directly owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. This represents a 0.38 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders bought 156,298 shares of company stock valued at $1,043,886. Company insiders own 11.35% of the company’s stock.
Liberty Latin America Trading Up 3.6 %
Liberty Latin America (NASDAQ:LILA – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported ($2.22) EPS for the quarter. Liberty Latin America had a negative return on equity of 27.22% and a negative net margin of 13.02%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm posted $0.29 EPS. Equities research analysts predict that Liberty Latin America Ltd. will post -2.43 EPS for the current year.
Liberty Latin America Company 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.
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