Capital International Sarl Grows Stock Position in America Movil, S.A.B. de C.V. Unsponsored ADR $AMX

Capital International Sarl boosted its stake in shares of America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) by 4.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,331,948 shares of the Wireless communications provider’s stock after acquiring an additional 61,444 shares during the quarter. Capital International Sarl’s holdings in America Movil were worth $27,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of AMX. Brighton Jones LLC bought a new stake in America Movil during the 4th quarter valued at $154,000. Royal Bank of Canada grew its stake in shares of America Movil by 16.9% in the first quarter. Royal Bank of Canada now owns 375,504 shares of the Wireless communications provider’s stock worth $5,339,000 after purchasing an additional 54,152 shares during the last quarter. Jones Financial Companies Lllp raised its position in America Movil by 2,189.8% during the 1st quarter. Jones Financial Companies Lllp now owns 23,241 shares of the Wireless communications provider’s stock valued at $330,000 after purchasing an additional 22,226 shares during the last quarter. Goldman Sachs Group Inc. raised its position in America Movil by 15.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 778,584 shares of the Wireless communications provider’s stock valued at $11,071,000 after purchasing an additional 102,545 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of America Movil by 9.5% in the 1st quarter. Jane Street Group LLC now owns 50,584 shares of the Wireless communications provider’s stock worth $719,000 after buying an additional 4,373 shares during the last quarter. 6.30% of the stock is owned by hedge funds and other institutional investors.

America Movil Stock Performance

Shares of AMX stock opened at $24.00 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.01. The company has a 50 day moving average price of $22.24 and a 200-day moving average price of $21.75. America Movil, S.A.B. de C.V. Unsponsored ADR has a 52 week low of $13.10 and a 52 week high of $26.16. The firm has a market capitalization of $72.35 billion, a PE ratio of 16.78 and a beta of 0.72.

America Movil (NYSE:AMX) last issued its earnings results on Thursday, February 12th. The Wireless communications provider reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.08). America Movil had a return on equity of 18.92% and a net margin of 8.78%.The company had revenue of $13.59 billion during the quarter, compared to analysts’ expectations of $13.09 billion. As a group, equities research analysts expect that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMX. Bank of America began coverage on shares of America Movil in a report on Thursday, December 11th. They issued a “neutral” rating and a $26.00 price target on the stock. Wall Street Zen raised America Movil from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. UBS Group reiterated a “buy” rating and issued a $30.00 price objective (up from $23.60) on shares of America Movil in a report on Tuesday, February 24th. Zacks Research cut shares of America Movil from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of America Movil in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $23.26.

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.