BNP Paribas Financial Markets Takes $16.79 Million Position in América Móvil, S.A.B. de C.V. (NYSE:AMX)

BNP Paribas Financial Markets purchased a new stake in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,173,379 shares of the Wireless communications provider's stock, valued at approximately $16,791,000.

Several other large investors have also added to or reduced their stakes in the company. First Trust Advisors LP lifted its holdings in América Móvil by 1.7% during the fourth quarter. First Trust Advisors LP now owns 2,999,200 shares of the Wireless communications provider's stock valued at $42,919,000 after purchasing an additional 48,849 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of América Móvil by 115.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,961,191 shares of the Wireless communications provider's stock worth $28,065,000 after buying an additional 1,050,203 shares in the last quarter. Capital International Sarl lifted its holdings in shares of América Móvil by 2.4% in the fourth quarter. Capital International Sarl now owns 1,207,240 shares of the Wireless communications provider's stock worth $17,276,000 after buying an additional 28,676 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of América Móvil by 5.8% in the fourth quarter. American Century Companies Inc. now owns 1,069,640 shares of the Wireless communications provider's stock worth $15,307,000 after buying an additional 58,934 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of América Móvil in the fourth quarter worth $15,149,000. Hedge funds and other institutional investors own 6.30% of the company's stock.

Analyst Ratings Changes

AMX has been the topic of a number of recent research reports. Hsbc Global Res raised shares of América Móvil from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. StockNews.com raised shares of América Móvil from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 15th. Scotiabank decreased their price target on shares of 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. HSBC raised shares of América Móvil from a "hold" rating to a "buy" rating and upped their price target for the company from $15.50 to $17.50 in a research note on Monday, April 14th. Finally, 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, América Móvil presently has an average rating of "Moderate Buy" and a consensus target price of $17.22.

América Móvil Trading Up 0.4%

AMX stock traded up $0.07 during mid-day trading on Thursday, reaching $17.45. 1,328,795 shares of the stock traded hands, compared to its average volume of 1,851,010. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.67 and a current ratio of 0.72. América Móvil, S.A.B. de C.V. has a one year low of $13.10 and a one year high of $20.27. The stock has a market capitalization of $53.23 billion, a PE ratio of 35.60, a PEG ratio of 0.77 and a beta of 0.82. The business has a 50-day moving average price of $15.36 and a two-hundred day moving average price of $14.91.

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

About América Móvil

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.