UMB Bank n.a. raised its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILA – Free Report) by 2,129.7% during the fourth quarter, HoldingsChannel reports. The fund owned 169,415 shares of the company’s stock after purchasing an additional 161,817 shares during the quarter. UMB Bank n.a.’s holdings in Liberty Latin America were worth $1,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Mackenzie Financial Corp raised its stake in shares of Liberty Latin America by 0.9% during the 2nd quarter. Mackenzie Financial Corp now owns 230,571 shares of the company’s stock valued at $2,216,000 after purchasing an additional 2,007 shares during the period. Sanctuary Advisors LLC increased its position in shares of Liberty Latin America by 7.8% during the third quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company’s stock valued at $654,000 after buying an additional 4,917 shares during the period. American Century Companies Inc. lifted its holdings in shares of Liberty Latin America by 13.6% in the second quarter. American Century Companies Inc. now owns 46,033 shares of the company’s stock worth $442,000 after buying an additional 5,499 shares in the last quarter. XTX Topco Ltd lifted its holdings in shares of Liberty Latin America by 33.6% in the third quarter. XTX Topco Ltd now owns 27,532 shares of the company’s stock worth $264,000 after buying an additional 6,918 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Liberty Latin America by 48.6% in the third quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company’s stock valued at $205,000 after acquiring an additional 6,999 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 related news, Director Brendan J. Paddick purchased 5,053 shares of the business’s stock in a transaction on Friday, November 29th. The stock was acquired at an average price of $6.93 per share, with a total value of $35,017.29. Following the purchase, the director now directly owns 1,343,021 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have acquired a total of 156,298 shares of company stock valued at $1,043,886 in the last 90 days. Corporate insiders own 11.35% of the company’s stock.
Liberty Latin America Stock Performance
Liberty Latin America (NASDAQ:LILA – Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported ($2.22) earnings per share for the quarter. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion. Liberty Latin America had a negative return on equity of 27.22% and a negative net margin of 13.02%. During the same period in the previous year, the company posted $0.29 EPS. As a group, analysts expect that Liberty Latin America Ltd. will post -2.43 earnings per share for the current fiscal 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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