Shares of Liberty Latin America Ltd Class A (NASDAQ:LILA) have been given a consensus recommendation of “Hold” by the ten research firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $24.25.

A number of research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Liberty Latin America Ltd Class A from a “sell” rating to a “hold” rating in a report on Tuesday, June 5th. Macquarie reiterated a “hold” rating and set a $24.00 price objective on shares of Liberty Latin America Ltd Class A in a report on Thursday, July 19th. Finally, Buckingham Research reduced their price objective on shares of Liberty Latin America Ltd Class A from $30.00 to $28.00 and set a “buy” rating for the company in a report on Thursday.

In other news, Director Paul A. Gould sold 2,567 shares of Liberty Latin America Ltd Class A stock in a transaction dated Wednesday, June 6th. The shares were sold at an average price of $22.06, for a total transaction of $56,628.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 8.40% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its position in shares of Liberty Latin America Ltd Class A by 94.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 59,840 shares of the company’s stock valued at $1,206,000 after purchasing an additional 29,068 shares in the last quarter. BlackRock Inc. lifted its position in shares of Liberty Latin America Ltd Class A by 0.5% during the fourth quarter. BlackRock Inc. now owns 980,691 shares of the company’s stock valued at $19,761,000 after purchasing an additional 5,165 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Liberty Latin America Ltd Class A by 41.9% during the fourth quarter. Wells Fargo & Company MN now owns 90,158 shares of the company’s stock valued at $1,817,000 after purchasing an additional 26,612 shares in the last quarter. Barings LLC bought a new position in shares of Liberty Latin America Ltd Class A during the first quarter valued at about $4,318,000. Finally, BNP Paribas Arbitrage SA bought a new position in shares of Liberty Latin America Ltd Class A during the first quarter valued at about $1,037,000. 21.56% of the stock is currently owned by institutional investors.

NASDAQ:LILA traded down $0.60 during trading hours on Tuesday, reaching $17.96. The company had a trading volume of 244,084 shares, compared to its average volume of 242,463. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of -43.80 and a beta of 1.63. Liberty Latin America Ltd Class A has a twelve month low of $17.91 and a twelve month high of $26.50.

Liberty Latin America Ltd Class A 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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Analyst Recommendations for Liberty Latin America Ltd Class A (NASDAQ:LILA)

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