Gateway Investment Advisers LLC lowered its stake in Liberty Latin America Ltd (NASDAQ:LILAK) by 2.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 83,080 shares of the company’s stock after selling 2,388 shares during the period. Gateway Investment Advisers LLC’s holdings in Liberty Latin America were worth $1,420,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the stock. Financial Gravity Wealth Inc. raised its holdings in Liberty Latin America by 302.9% in the 2nd quarter. Financial Gravity Wealth Inc. now owns 2,647 shares of the company’s stock worth $46,000 after purchasing an additional 1,990 shares during the period. Los Angeles Capital Management & Equity Research Inc. bought a new position in Liberty Latin America in the 2nd quarter worth $177,000. HighTower Advisors LLC bought a new position in Liberty Latin America in the 2nd quarter worth $225,000. Balyasny Asset Management LLC bought a new position in Liberty Latin America in the 2nd quarter worth $317,000. Finally, Atria Investments LLC bought a new position in Liberty Latin America in the 2nd quarter worth $320,000. Institutional investors own 60.73% of the company’s stock.
A number of equities analysts recently commented on LILAK shares. Citigroup decreased their target price on Liberty Latin America from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Friday, October 4th. TheStreet upgraded Liberty Latin America from a “d+” rating to a “c” rating in a research note on Wednesday. Finally, BidaskClub upgraded Liberty Latin America from a “sell” rating to a “hold” rating in a research note on Thursday, September 12th.
Shares of Liberty Latin America stock traded down $0.33 during trading on Friday, reaching $17.95. 462,600 shares of the stock traded hands, compared to its average volume of 593,664. Liberty Latin America Ltd has a 52-week low of $13.96 and a 52-week high of $21.93. The business has a fifty day simple moving average of $17.94 and a two-hundred day simple moving average of $17.67.
Liberty Latin America (NASDAQ:LILAK) last released its earnings results on Tuesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $966.80 million for the quarter.
About Liberty Latin America
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. It offers communications and entertainment services, including video, broadband Internet, fixed-line telephony, and mobile 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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