Liberty Latin America Ltd (NASDAQ:LILA) insider Balan Nair acquired 13,150 shares of the company’s stock in a transaction that occurred on Tuesday, February 26th. The shares were acquired at an average cost of $18.95 per share, for a total transaction of $249,192.50. The acquisition was disclosed in a filing with the SEC, which is available through this link.
Liberty Latin America stock opened at $19.62 on Friday. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of -9.86 and a beta of 1.82. Liberty Latin America Ltd has a fifty-two week low of $13.96 and a fifty-two week high of $22.33.
Liberty Latin America (NASDAQ:LILA) last posted its earnings results on Thursday, February 21st. The company reported ($1.63) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($1.70). The business had revenue of $948.50 million during the quarter. Equities research analysts forecast that Liberty Latin America Ltd will post 0.56 EPS for the current fiscal year.
Separately, Zacks Investment Research lowered Liberty Latin America from a “buy” rating to a “hold” rating in a report on Friday, December 14th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $23.00.
Institutional investors have recently bought and sold shares of the business. Bank of Montreal Can acquired a new stake in Liberty Latin America in the fourth quarter valued at $25,000. Markston International LLC acquired a new stake in Liberty Latin America in the third quarter valued at $110,000. Arnhold LLC acquired a new stake in Liberty Latin America in the third quarter valued at $123,000. FMR LLC acquired a new stake in Liberty Latin America in the third quarter valued at $152,000. Finally, Prudential Financial Inc. acquired a new stake in Liberty Latin America in the third quarter valued at $218,000. 21.10% of the stock is currently owned by institutional investors.
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About Liberty Latin America
Liberty Latin America Ltd. provides various telecommunications services. Its services primarily include video, broadband Internet, fixed-line telephony, and mobile services. The company offers communications and entertainment 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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