AQR Capital Management LLC Has $5.42 Million Position in América Móvil, S.A.B. de C.V. (NYSE:AMX)

AQR Capital Management LLC grew its position in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 23.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 378,649 shares of the Wireless communications provider's stock after buying an additional 72,826 shares during the quarter. AQR Capital Management LLC's holdings in América Móvil were worth $5,418,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Barclays PLC raised its holdings in América Móvil by 36,692.9% during the third quarter. Barclays PLC now owns 150,115 shares of the Wireless communications provider's stock worth $2,456,000 after purchasing an additional 149,707 shares during the last quarter. Gateway Investment Advisers LLC raised its holdings in América Móvil by 17.3% during the fourth quarter. Gateway Investment Advisers LLC now owns 12,835 shares of the Wireless communications provider's stock worth $184,000 after purchasing an additional 1,893 shares during the last quarter. Empirical Asset Management LLC acquired a new position in América Móvil during the fourth quarter worth $487,000. Crossmark Global Holdings Inc. increased its holdings in América Móvil by 1.9% during the 4th quarter. Crossmark Global Holdings Inc. now owns 148,194 shares of the Wireless communications provider's stock valued at $2,120,000 after acquiring an additional 2,732 shares in the last quarter. Finally, Raleigh Capital Management Inc. purchased a new position in América Móvil during the 4th quarter valued at about $57,000. Hedge funds and other institutional investors own 6.30% of the company's stock.

América Móvil Stock Performance

Shares of NYSE:AMX traded down $0.02 on Wednesday, reaching $17.23. 518,981 shares of the company's stock were exchanged, compared to its average volume of 1,846,854. The firm has a market capitalization of $52.54 billion, a price-to-earnings ratio of 35.15, a PEG ratio of 0.77 and a beta of 0.82. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 0.90. The business's 50-day moving average is $15.31 and its two-hundred day moving average is $14.89. América Móvil, S.A.B. de C.V. has a fifty-two week low of $13.10 and a fifty-two week high of $20.27.

América Móvil (NYSE:AMX - Get Free Report) last announced its earnings results on Wednesday, April 30th. The Wireless communications provider reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). América Móvil had a return on equity of 6.38% and a net margin of 3.25%. The firm had revenue of $11.36 billion during the quarter, compared to analyst estimates of $11.28 billion. As a group, equities research analysts forecast that América Móvil, S.A.B. de C.V. will post 1.51 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on AMX shares. Scotiabank dropped their target price on shares of América Móvil from $17.30 to $13.70 and set a "sector perform" rating for the company in a report on Thursday, February 13th. Hsbc Global Res upgraded shares of América Móvil from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. StockNews.com upgraded shares of América Móvil from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 15th. JPMorgan Chase & Co. decreased their price target on shares of América Móvil from $17.00 to $15.00 and set an "underweight" rating on the stock in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group lowered their price objective on América Móvil from $17.60 to $17.30 and set a "buy" rating for the company in a research report on Wednesday, February 19th. One equities research 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 company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $17.22.

América Móvil 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.