América Móvil, S.A.B. de C.V. (NYSE:AMX) Stock Holdings Boosted by Capital International Sarl

Capital International Sarl grew its position in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,207,240 shares of the Wireless communications provider's stock after acquiring an additional 28,676 shares during the quarter. Capital International Sarl's holdings in América Móvil were worth $17,276,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. raised its holdings in 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 valued at $28,065,000 after buying an additional 1,050,203 shares during the period. American Century Companies Inc. raised its stake in shares of América Móvil by 5.8% in the 4th quarter. American Century Companies Inc. now owns 1,069,640 shares of the Wireless communications provider's stock valued at $15,307,000 after acquiring an additional 58,934 shares during the period. Wellington Management Group LLP acquired a new position in shares of América Móvil during the 4th quarter valued at $15,149,000. ABC Arbitrage SA purchased a new stake in América Móvil during the 4th quarter worth $14,238,000. Finally, Russell Investments Group Ltd. increased its holdings in América Móvil by 373.5% in the 4th quarter. Russell Investments Group Ltd. now owns 809,021 shares of the Wireless communications provider's stock valued at $11,577,000 after purchasing an additional 638,159 shares in the last quarter. 6.30% of the stock is currently owned by hedge funds and other institutional investors.

América Móvil Stock Up 1.4 %

Shares of AMX stock traded up $0.23 during trading hours on Wednesday, hitting $16.78. 753,833 shares of the company were exchanged, compared to its average volume of 1,767,994. The stock has a market capitalization of $51.18 billion, a price-to-earnings ratio of 34.24, a P/E/G 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 business's 50-day simple moving average is $14.57 and its two-hundred day simple moving average is $14.83. 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 (NYSE:AMX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The Wireless communications provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.27). América Móvil had a return on equity of 6.38% and a net margin of 3.25%. Sell-side analysts predict that América Móvil, S.A.B. de C.V. will post 1.51 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMX shares. Scotiabank decreased their target price on América Móvil from $17.30 to $13.70 and set a "sector perform" rating for the company in a research report on Thursday, February 13th. Hsbc Global Res raised shares of América Móvil from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. HSBC raised shares of América Móvil from a "hold" rating to a "buy" rating and boosted their target price for the stock from $15.50 to $17.50 in a research report on Monday, April 14th. The Goldman Sachs Group cut their price objective on shares of América Móvil from $17.60 to $17.30 and set a "buy" rating on the stock in a report on Wednesday, February 19th. Finally, StockNews.com upgraded América Móvil from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 15th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.22.

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.