Royce & Associates LP Acquires New Holdings in Liberty Latin America Ltd (LILAK)

Royce & Associates LP acquired a new position in Liberty Latin America Ltd (NASDAQ:LILAK) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 434,651 shares of the company’s stock, valued at approximately $8,967,000. Royce & Associates LP owned 0.25% of Liberty Latin America as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Opera Trading Capital purchased a new stake in shares of Liberty Latin America during the third quarter valued at approximately $166,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Liberty Latin America during the third quarter valued at approximately $167,000. Hsbc Holdings PLC purchased a new stake in shares of Liberty Latin America during the third quarter valued at approximately $201,000. WealthTrust Axiom LLC purchased a new stake in shares of Liberty Latin America during the third quarter valued at approximately $204,000. Finally, Mint Tower Capital Management B.V. purchased a new stake in shares of Liberty Latin America during the third quarter valued at approximately $237,000. Institutional investors and hedge funds own 51.71% of the company’s stock.

A number of research firms have recently commented on LILAK. BidaskClub upgraded shares of Liberty Latin America from a “strong sell” rating to a “sell” rating in a report on Saturday, November 3rd. ValuEngine upgraded shares of Liberty Latin America from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th. Pivotal Research reiterated a “buy” rating and set a $27.00 price target on shares of Liberty Latin America in a report on Monday, September 17th. Finally, Citigroup lowered their price objective on shares of Liberty Latin America from $29.00 to $27.00 and set a “buy” rating on the stock in a research report on Monday, August 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Liberty Latin America has an average rating of “Hold” and a consensus price target of $24.50.

Shares of Liberty Latin America stock opened at $17.11 on Friday. Liberty Latin America Ltd has a twelve month low of $16.75 and a twelve month high of $23.92.

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Liberty Latin America 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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Institutional Ownership by Quarter for Liberty Latin America (NASDAQ:LILAK)

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