Cullen Investment Group LTD. Invests $86,000 in Liberty Latin America Ltd. (NASDAQ:LILA)

Cullen Investment Group LTD. purchased a new position in shares of Liberty Latin America Ltd. (NASDAQ:LILA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,700 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale purchased a new stake in Liberty Latin America during the fourth quarter worth about $38,000. SG Americas Securities LLC boosted its holdings in Liberty Latin America by 23.6% during the fourth quarter. SG Americas Securities LLC now owns 20,001 shares of the company’s stock worth $146,000 after buying an additional 3,823 shares in the last quarter. Diversified Trust Co lifted its holdings in shares of Liberty Latin America by 9.5% in the fourth quarter. Diversified Trust Co now owns 21,538 shares of the company’s stock valued at $157,000 after purchasing an additional 1,867 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Liberty Latin America by 2.4% in the third quarter. Vanguard Group Inc. now owns 1,405,948 shares of the company’s stock valued at $11,473,000 after purchasing an additional 32,603 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Liberty Latin America by 38.9% in the third quarter. American Century Companies Inc. now owns 20,837 shares of the company’s stock valued at $170,000 after purchasing an additional 5,831 shares in the last quarter. Hedge funds and other institutional investors own 18.48% of the company’s stock.

Insider Buying and Selling at Liberty Latin America

In other news, CAO Brian D. Zook sold 27,711 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $6.76, for a total value of $187,326.36. Following the completion of the transaction, the chief accounting officer now owns 34,798 shares of the company’s stock, valued at $235,234.48. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CAO Brian D. Zook sold 27,711 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $6.76, for a total value of $187,326.36. Following the completion of the sale, the chief accounting officer now owns 34,798 shares of the company’s stock, valued at $235,234.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder John C. Malone acquired 484,673 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was acquired at an average cost of $6.72 per share, with a total value of $3,257,002.56. Following the transaction, the insider now directly owns 8,360,255 shares of the company’s stock, valued at $56,180,913.60. The disclosure for this purchase can be found here. Insiders have acquired 1,220,056 shares of company stock valued at $8,247,512 over the last quarter. Corporate insiders own 11.35% of the company’s stock.

Liberty Latin America Trading Down 0.5 %

Shares of NASDAQ LILA opened at $7.26 on Wednesday. Liberty Latin America Ltd. has a 12-month low of $5.90 and a 12-month high of $9.85. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 3.29. The firm’s 50-day moving average is $6.70 and its two-hundred day moving average is $6.96.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings results on Thursday, February 22nd. The company reported ($0.49) earnings per share (EPS) for the quarter. Liberty Latin America had a negative net margin of 1.21% and a negative return on equity of 2.26%. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Research analysts anticipate that Liberty Latin America Ltd. will post -0.64 EPS for the current year.

About Liberty Latin America

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.