América Móvil, S.A.B. de C.V. (NYSE:AMX) Shares Bought by Guggenheim Capital LLC

Guggenheim Capital LLC lifted its stake in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 25.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 93,308 shares of the Wireless communications provider's stock after acquiring an additional 18,705 shares during the period. Guggenheim Capital LLC's holdings in América Móvil were worth $1,335,000 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. Lee Danner & Bass Inc. bought a new position in América Móvil in the 4th quarter worth approximately $29,000. Spire Wealth Management purchased a new position in shares of América Móvil during the fourth quarter worth about $32,000. Farther Finance Advisors LLC raised its position in shares of América Móvil by 82.5% during the 4th quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider's stock valued at $45,000 after buying an additional 1,414 shares in the last quarter. R Squared Ltd bought a new position in shares of América Móvil during the fourth quarter valued at about $49,000. Finally, Raleigh Capital Management Inc. purchased a new position in América Móvil in the 4th quarter worth approximately $57,000. Institutional investors own 6.30% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMX. Scotiabank reduced their target price on América Móvil from $17.30 to $13.70 and set a "sector perform" rating on the stock in a research note on Thursday, February 13th. JPMorgan Chase & Co. lowered their price objective on América Móvil from $17.00 to $15.00 and set an "underweight" rating for the company in a research note on Thursday, January 16th. StockNews.com raised América Móvil from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 15th. HSBC upgraded shares of América Móvil from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $15.50 to $17.50 in a report on Monday, April 14th. Finally, Hsbc Global Res upgraded América Móvil from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.22.

América Móvil Trading Down 0.6 %

Shares of NYSE:AMX traded down $0.11 during trading on Friday, hitting $16.99. The company had a trading volume of 3,024,506 shares, compared to its average volume of 1,796,266. The stock has a market cap of $51.82 billion, a price-to-earnings ratio of 34.67, a price-to-earnings-growth ratio of 0.77 and a beta of 0.79. América Móvil, S.A.B. de C.V. has a one year low of $13.10 and a one year high of $20.31. The company has a fifty day simple moving average of $14.67 and a two-hundred day simple moving average of $14.84. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.67.

América Móvil (NYSE:AMX - Get Free Report) last issued its earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.27). América Móvil had a return on equity of 6.38% and a net margin of 3.25%. As a group, equities analysts forecast that América Móvil, S.A.B. de C.V. will post 1.51 earnings per share for the current year.

América Móvil Company Profile

América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.