From MarketBeat:



Genesis Investment Management LLP reduced its position in Liberty Latin America Ltd. (NASDAQ:LILA) by 34.5% in the 3rd quarter. The firm owned 959,636 shares of the company’s stock after selling 505,720 shares. Several other hedge funds and institutional investors have also recently bought and sold shares of the company. Liberty Latin America last posted its quarterly earnings results, reporting $0.29 earnings per share for the quarter with a net margin of 4.05% and a return on equity of 7.38%. Analysts anticipate that Liberty Latin America Ltd. will post -0.44 earnings per share for the current year. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.03, with a market capitalization of $1.47 billion. Brokerages recently issued reports on LILA, with Barclays reducing their price target on shares of Liberty Latin America from $9.50 to $9.25 and setting an “equal weight” rating on the stock. Scotiabank also upgraded shares of Liberty Latin America from a “sector underperform” rating to a “sector perform” rating. Liberty Latin America Ltd. provides fixed, mobile, and subsea telecommunications services, and operates through various segments. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts, and has identified five stocks that top analysts are quietly whispering to their clients to buy now. Liberty Latin America currently has a “Hold” rating among analysts, but MarketBeat believes that there are five better buys.



Original: Genesis Investment Management LLP Sells 505,720 Shares of Liberty Latin America Ltd. (NASDAQ:LILA)