Liberty Latin America Ltd Class A (NASDAQ:LILA) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Monday.

A number of other analysts have also recently commented on the stock. Macquarie reiterated a “hold” rating and issued a $24.00 price target on shares of Liberty Latin America Ltd Class A in a research note on Thursday, July 19th. Zacks Investment Research upgraded shares of Liberty Latin America Ltd Class A from a “strong sell” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Wednesday, August 22nd. Finally, Buckingham Research cut their price target 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 research note on Thursday, August 16th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $23.25.

LILA stock traded up $0.15 during trading hours on Monday, reaching $20.41. The stock had a trading volume of 150,100 shares, compared to its average volume of 238,921. The stock has a market cap of $3.51 billion, a P/E ratio of -49.78 and a beta of 1.64. Liberty Latin America Ltd Class A has a fifty-two week low of $17.37 and a fifty-two week high of $25.77.

In related news, insider Balan Nair bought 110,000 shares of the business’s stock in a transaction dated Friday, August 24th. The stock was bought at an average price of $18.14 per share, for a total transaction of $1,995,400.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Eric Louis Zinterhofer bought 104,303 shares of the business’s stock in a transaction dated Monday, August 27th. The shares were bought at an average price of $18.43 per share, with a total value of $1,922,304.29. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 234,303 shares of company stock valued at $4,276,304. Corporate insiders own 8.40% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of LILA. Wells Fargo & Company MN lifted its stake in shares of Liberty Latin America Ltd Class A by 26.7% during the 1st quarter. Wells Fargo & Company MN now owns 114,251 shares of the company’s stock worth $2,222,000 after buying an additional 24,093 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Liberty Latin America Ltd Class A during the 1st quarter worth about $320,000. Schwab Charles Investment Management Inc. lifted its stake in shares of Liberty Latin America Ltd Class A by 1.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 225,098 shares of the company’s stock worth $4,379,000 after buying an additional 3,032 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Liberty Latin America Ltd Class A by 36.1% during the 1st quarter. Northern Trust Corp now owns 139,683 shares of the company’s stock worth $2,718,000 after buying an additional 37,063 shares during the last quarter. Finally, Hosking Partners LLP lifted its stake in shares of Liberty Latin America Ltd Class A by 4.7% during the 1st quarter. Hosking Partners LLP now owns 329,406 shares of the company’s stock worth $6,407,000 after buying an additional 14,724 shares during the last quarter. Institutional investors own 22.18% of the company’s stock.

About Liberty Latin America Ltd Class A

Liberty Latin America Ltd. is a holding company, which engages in the provision of telecommunication services. It operates through the following segments: Cable and Wireless Communications Limited (C&W), VTR, Liberty Puerto Rico, and Corporate and Other. The C&W segment offers cloud based integrated communication services, connectivity, and wholesale solutions to carriers and businesses via sub-sea and terrestrial fiber optic cable networks.

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

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