Liberty Latin America Ltd (NASDAQ:LILA) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 575,362 shares, a decrease of 25.0% from the February 15th total of 766,934 shares. Based on an average daily trading volume, of 548,014 shares, the short-interest ratio is presently 1.0 days. Currently, 1.3% of the shares of the stock are short sold.

Shares of LILA stock opened at $20.00 on Friday. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of -10.05 and a beta of 1.86. Liberty Latin America has a 52 week low of $13.96 and a 52 week high of $22.33.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings results on Thursday, February 21st. The company reported ($1.63) EPS for the quarter, missing the consensus estimate of $0.07 by ($1.70). The business had revenue of $948.50 million for the quarter. As a group, equities analysts forecast that Liberty Latin America will post 0.56 earnings per share for the current year.

In other news, insider Balan Nair bought 13,150 shares of the company’s stock in a transaction that occurred on Tuesday, February 26th. The stock was bought at an average price of $18.95 per share, with a total value of $249,192.50. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 8.40% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its position in shares of Liberty Latin America by 9.7% during the 4th quarter. Geode Capital Management LLC now owns 507,830 shares of the company’s stock valued at $7,352,000 after buying an additional 45,067 shares in the last quarter. Norges Bank purchased a new stake in shares of Liberty Latin America during the 4th quarter valued at about $5,314,000. Dimensional Fund Advisors LP raised its position in shares of Liberty Latin America by 40.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,079,141 shares of the company’s stock valued at $15,626,000 after buying an additional 313,335 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Liberty Latin America during the 4th quarter valued at about $1,316,000. Finally, Legal & General Group Plc raised its position in shares of Liberty Latin America by 35.7% during the 4th quarter. Legal & General Group Plc now owns 23,905 shares of the company’s stock valued at $346,000 after buying an additional 6,289 shares in the last quarter. Institutional investors and hedge funds own 19.84% of the company’s stock.

Separately, Zacks Investment Research cut shares of Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Wednesday, February 13th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Liberty Latin America has an average rating of “Hold” and an average price target of $23.00.

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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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