America Movil, S.A.B. de C.V. Unsponsored ADR $AMX Shares Sold by Capital International Ltd. CA

Capital International Ltd. CA trimmed its stake in shares of America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) by 17.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 558,108 shares of the Wireless communications provider’s stock after selling 121,298 shares during the quarter. Capital International Ltd. CA’s holdings in America Movil were worth $11,536,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lazard Asset Management LLC grew its stake in America Movil by 8.8% during the 3rd quarter. Lazard Asset Management LLC now owns 17,703,513 shares of the Wireless communications provider’s stock worth $371,774,000 after purchasing an additional 1,430,626 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in America Movil by 93.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 8,376,918 shares of the Wireless communications provider’s stock worth $173,151,000 after purchasing an additional 4,053,838 shares in the last quarter. Boston Partners grew its stake in America Movil by 9.2% during the 3rd quarter. Boston Partners now owns 4,508,739 shares of the Wireless communications provider’s stock worth $94,684,000 after purchasing an additional 381,472 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in America Movil by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,143,980 shares of the Wireless communications provider’s stock worth $87,023,000 after purchasing an additional 118,668 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in America Movil by 79.4% during the 3rd quarter. American Century Companies Inc. now owns 2,445,349 shares of the Wireless communications provider’s stock worth $51,352,000 after purchasing an additional 1,082,493 shares in the last quarter. 6.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AMX shares. JPMorgan Chase & Co. upped their price objective on America Movil from $24.50 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings raised America Movil from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 18th. Scotiabank lowered their price objective on America Movil from $21.80 to $20.80 and set a “sector perform” rating for the company in a research report on Wednesday, May 27th. Wall Street Zen cut America Movil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. Finally, New Street Research raised America Movil from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $27.02.

America Movil Stock Down 2.0%

Shares of NYSE AMX opened at $24.83 on Friday. The stock has a market cap of $74.74 billion, a PE ratio of 15.81, a price-to-earnings-growth ratio of 0.89 and a beta of 0.66. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 0.97. America Movil, S.A.B. de C.V. Unsponsored ADR has a 52-week low of $16.60 and a 52-week high of $27.80. The business has a 50-day moving average price of $26.15 and a 200 day moving average price of $23.64.

America Movil (NYSE:AMX) last announced its earnings results on Tuesday, March 31st. The Wireless communications provider reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $13.24 billion during the quarter. America Movil had a return on equity of 19.77% and a net margin of 9.23%. Equities research analysts forecast that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.84 earnings per share for the current year.

America Movil Profile

América Móvil is a Mexican telecommunications company headquartered in Mexico City that provides a broad range of communications services. Established in the early 2000s out of the expansion of the Slim family’s telecommunications holdings, the company is a major provider of mobile and fixed-line telephony, broadband internet and pay-television services in the region. Its operations span retail consumer services as well as wholesale and enterprise solutions, positioning it as an integrated communications provider across multiple customer segments.

The company markets services under several regional brands—most notably Telcel in Mexico and Claro across many Latin American markets—and offers both prepaid and postpaid mobile plans, fixed and mobile broadband, fiber-to-the-home where available, and video/broadcast distribution services.