Eaton Vance Management maintained its stake in America Movil, S.A.B. de C.V. (NYSE:AMX) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 329,138 shares of the Wireless communications provider’s stock at the close of the second quarter. Eaton Vance Management’s holdings in America Movil, S.A.B. de C.V. were worth $5,240,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Quantbot Technologies LP bought a new position in America Movil, S.A.B. de C.V. during the first quarter valued at $142,000. Cambridge Investment Research Advisors Inc. bought a new position in America Movil, S.A.B. de C.V. during the first quarter valued at $143,000. Blair William & Co. IL bought a new position in America Movil, S.A.B. de C.V. during the second quarter valued at $167,000. Girard Partners LTD. bought a new position in America Movil, S.A.B. de C.V. during the second quarter valued at $185,000. Finally, Ronald Blue & Co. LLC lifted its position in America Movil, S.A.B. de C.V. by 25.7% during the first quarter. Ronald Blue & Co. LLC now owns 13,539 shares of the Wireless communications provider’s stock valued at $191,000 after purchasing an additional 2,768 shares during the last quarter. Hedge funds and other institutional investors own 7.64% of the company’s stock.

Shares of America Movil, S.A.B. de C.V. (NYSE:AMX) opened at 18.49 on Friday. The stock has a 50 day moving average of $18.37 and a 200 day moving average of $16.07. America Movil, S.A.B. de C.V. has a 52 week low of $11.02 and a 52 week high of $19.05. The stock has a market cap of $60.79 billion, a P/E ratio of 23.71 and a beta of 0.54.

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Several equities analysts have commented on AMX shares. Zacks Investment Research lowered shares of America Movil, S.A.B. de C.V. from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th. Royal Bank Of Canada set a $14.00 price objective on shares of America Movil, S.A.B. de C.V. and gave the company a “sell” rating in a research report on Friday, July 21st. Credit Suisse Group set a $16.00 price objective on shares of America Movil, S.A.B. de C.V. and gave the company a “hold” rating in a research report on Thursday, June 22nd. J P Morgan Chase & Co reiterated an “underweight” rating and set a $13.00 price objective (up previously from $11.00) on shares of America Movil, S.A.B. de C.V. in a research report on Monday, June 5th. Finally, UBS AG lowered shares of America Movil, S.A.B. de C.V. from a “market perform” rating to an “underperform” rating in a research report on Wednesday, August 23rd. Four research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $15.21.

America Movil, S.A.B. de C.V. Company Profile

America Movil, SAB. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

Institutional Ownership by Quarter for America Movil, S.A.B. de C.V. (NYSE:AMX)

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