Liberty Latin America (LILAK) Rating Increased to Hold at BidaskClub

Liberty Latin America (NASDAQ:LILAK) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Monday, February 4th.

LILAK stock opened at $20.04 on Monday. Liberty Latin America has a 1-year low of $13.96 and a 1-year high of $22.35.

A number of hedge funds have recently added to or reduced their stakes in LILAK. Dimensional Fund Advisors LP grew its holdings in shares of Liberty Latin America by 45.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,337,902 shares of the company’s stock valued at $34,062,000 after acquiring an additional 727,156 shares in the last quarter. FMR LLC grew its holdings in shares of Liberty Latin America by 363.1% in the 4th quarter. FMR LLC now owns 850,978 shares of the company’s stock valued at $12,398,000 after acquiring an additional 667,212 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Liberty Latin America by 10.2% in the 4th quarter. Legal & General Group Plc now owns 61,304 shares of the company’s stock valued at $893,000 after acquiring an additional 5,666 shares in the last quarter. Amundi Pioneer Asset Management Inc. grew its holdings in shares of Liberty Latin America by 29,268.3% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 12,041 shares of the company’s stock valued at $175,000 after acquiring an additional 12,000 shares in the last quarter. Finally, Cipher Capital LP bought a new position in shares of Liberty Latin America in the 4th quarter valued at about $381,000. Hedge funds and other institutional investors own 53.91% of the company’s stock.

About Liberty Latin America

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.

Featured Story: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Receive News & Ratings for Liberty Latin America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Latin America and related companies with MarketBeat.com's FREE daily email newsletter.