Liberty Latin America (NASDAQ:LILA) Director Paul A. Gould Sells 2,567 Shares

Liberty Latin America (NASDAQ:LILA) Director Paul A. Gould sold 2,567 shares of Liberty Latin America stock in a transaction on Wednesday, June 6th. The stock was sold at an average price of $22.06, for a total transaction of $56,628.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

LILA stock traded down $0.32 during trading on Friday, hitting $21.42. 257,422 shares of the company’s stock traded hands, compared to its average volume of 172,536. Liberty Latin America has a 52 week low of $18.26 and a 52 week high of $27.85.

Liberty Latin America (NASDAQ:LILA) last released its earnings results on Tuesday, May 8th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.03). The business had revenue of $909.90 million for the quarter. equities research analysts predict that Liberty Latin America will post -0.53 earnings per share for the current fiscal year.



A number of analysts recently issued reports on the stock. ValuEngine upgraded shares of Liberty Latin America from a “sell” rating to a “hold” rating in a research note on Tuesday, June 5th. Morgan Stanley upgraded shares of Liberty Latin America from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, April 3rd. Zacks Investment Research lowered shares of Liberty Latin America from a “hold” rating to a “sell” rating in a research note on Saturday, February 17th. Royal Bank of Canada set a $25.00 price target on shares of Liberty Latin America and gave the stock a “hold” rating in a research note on Friday, February 23rd. Finally, Macquarie restated a “hold” rating and issued a $24.00 price target on shares of Liberty Latin America in a research note on Sunday, February 18th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $25.21.

A number of hedge funds have recently added to or reduced their stakes in LILA. Franklin Resources Inc. increased its stake in Liberty Latin America by 67.9% during the fourth quarter. Franklin Resources Inc. now owns 3,486,943 shares of the company’s stock valued at $70,262,000 after purchasing an additional 1,409,681 shares during the last quarter. S&CO Inc. bought a new position in shares of Liberty Latin America during the first quarter worth about $17,425,000. Cove Street Capital LLC bought a new position in shares of Liberty Latin America during the first quarter worth about $9,357,000. PenderFund Capital Management Ltd. bought a new position in shares of Liberty Latin America during the first quarter worth about $8,752,000. Finally, Russell Investments Group Ltd. grew its position in shares of Liberty Latin America by 43.0% during the first quarter. Russell Investments Group Ltd. now owns 1,331,418 shares of the company’s stock worth $25,895,000 after acquiring an additional 400,303 shares during the last quarter. Hedge funds and other institutional investors own 22.13% of the company’s stock.

Liberty Latin America Company Profile

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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