Liberty Latin America Ltd. (NASDAQ:LILAK) Shares Sold by Timber Creek Capital Management LLC

Timber Creek Capital Management LLC cut its holdings in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) by 80.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 60,752 shares of the company’s stock after selling 251,368 shares during the period. Timber Creek Capital Management LLC’s holdings in Liberty Latin America were worth $385,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LILAK. Principal Financial Group Inc. increased its stake in shares of Liberty Latin America by 8.0% in the 4th quarter. Principal Financial Group Inc. now owns 68,880 shares of the company’s stock worth $437,000 after acquiring an additional 5,109 shares during the last quarter. Empowered Funds LLC boosted its holdings in Liberty Latin America by 5.1% during the 4th quarter. Empowered Funds LLC now owns 936,783 shares of the company’s stock valued at $5,939,000 after acquiring an additional 45,635 shares during the period. Bleakley Financial Group LLC acquired a new position in shares of Liberty Latin America in the fourth quarter valued at approximately $65,000. Sargent Investment Group LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter worth $69,000. Finally, DAVENPORT & Co LLC raised its position in Liberty Latin America by 9.5% in the 4th quarter. DAVENPORT & Co LLC now owns 3,067,979 shares of the company’s stock valued at $19,451,000 after purchasing an additional 266,301 shares in the last quarter. 52.98% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LILAK has been the subject of a number of research analyst reports. Scotiabank lowered their price target on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a report on Friday, November 8th. The Goldman Sachs Group cut their price target on Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a research note on Wednesday, December 4th.

Insiders Place Their Bets

In other Liberty Latin America news, Director Brendan J. Paddick bought 5,053 shares of the stock in a transaction on Friday, November 29th. The stock was purchased at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the purchase, the director now directly owns 1,343,021 shares in the company, valued at approximately $9,307,135.53. This trade represents a 0.38 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have purchased a total of 156,298 shares of company stock worth $1,043,886 over the last quarter. 9.66% of the stock is owned by corporate insiders.

Liberty Latin America Stock Down 4.1 %

Liberty Latin America stock opened at $7.03 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America Ltd. has a 52 week low of $5.88 and a 52 week high of $10.93. The stock has a fifty day moving average price of $6.59 and a 200 day moving average price of $8.10.

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.