Barings LLC held its position in shares of America Movil, S.A.B. de C.V. (NYSE:AMX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 373,562 shares of the Wireless communications provider’s stock at the close of the 2nd quarter. Barings LLC’s holdings in America Movil, S.A.B. de C.V. were worth $5,293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMX. Lazard Asset Management LLC raised its stake in shares of America Movil, S.A.B. de C.V. by 7.2% during the 1st quarter. Lazard Asset Management LLC now owns 44,102,428 shares of the Wireless communications provider’s stock valued at $624,930,000 after buying an additional 2,956,339 shares during the last quarter. Capital International Investors lifted its holdings in shares of America Movil, S.A.B. de C.V. by 9.0% in the 2nd quarter. Capital International Investors now owns 37,270,001 shares of the Wireless communications provider’s stock valued at $593,338,000 after buying an additional 3,092,082 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of America Movil, S.A.B. de C.V. by 0.5% in the 2nd quarter. Fisher Asset Management LLC now owns 15,117,475 shares of the Wireless communications provider’s stock valued at $240,670,000 after buying an additional 73,029 shares during the period. BlackRock Inc. lifted its holdings in shares of America Movil, S.A.B. de C.V. by 10.4% in the 2nd quarter. BlackRock Inc. now owns 10,287,898 shares of the Wireless communications provider’s stock valued at $163,783,000 after buying an additional 968,660 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in shares of America Movil, S.A.B. de C.V. in the 2nd quarter valued at about $69,655,000. 7.64% of the stock is currently owned by institutional investors.

Shares of America Movil, S.A.B. de C.V. (NYSE AMX) traded down 0.62% during midday trading on Wednesday, reaching $17.61. 530,971 shares of the company traded hands. The stock’s 50-day moving average is $18.46 and its 200-day moving average is $16.55. The stock has a market capitalization of $57.90 billion, a P/E ratio of 22.01 and a beta of 0.54. America Movil, S.A.B. de C.V. has a 1-year low of $11.02 and a 1-year high of $19.05.

AMX has been the topic of several analyst reports. Credit Suisse Group set a $16.00 target price on America Movil, S.A.B. de C.V. and gave the stock a “hold” rating in a report on Thursday, June 22nd. Zacks Investment Research lowered America Movil, S.A.B. de C.V. from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. ValuEngine raised shares of America Movil, S.A.B. de C.V. from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. Barclays PLC reaffirmed a “buy” rating and set a $18.00 price objective (up previously from $17.00) on shares of America Movil, S.A.B. de C.V. in a research note on Friday, July 21st. Finally, Royal Bank Of Canada set a $14.00 target price on shares of America Movil, S.A.B. de C.V. and gave the company a “sell” rating in a report on Friday, July 21st. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $15.21.

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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.

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

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