Robeco Institutional Asset Management B.V. Has $23.15 Million Stock Holdings in America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX)

Robeco Institutional Asset Management B.V. lowered its stake in America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX - Free Report) by 17.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,627,769 shares of the Wireless communications provider's stock after selling 333,422 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.05% of America Movil worth $23,147,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Transce3nd LLC bought a new stake in America Movil during the fourth quarter valued at about $26,000. Lee Danner & Bass Inc. acquired a new position in America Movil in the fourth quarter valued at about $29,000. Parvin Asset Management LLC acquired a new position in America Movil during the 4th quarter worth about $39,000. Garde Capital Inc. acquired a new position in shares of America Movil during the first quarter worth approximately $40,000. Finally, Farther Finance Advisors LLC boosted its position in America Movil by 82.5% in 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 during the last quarter. 6.30% of the stock is currently owned by institutional investors and hedge funds.

America Movil Stock Up 0.3%

AMX traded up $0.06 during trading on Tuesday, reaching $18.00. 1,006,374 shares of the stock were exchanged, compared to its average volume of 1,977,897. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.71. The stock's 50 day moving average price is $17.23 and its two-hundred day moving average price is $15.39. America Movil, S.A.B. de C.V. Unsponsored ADR has a twelve month low of $13.10 and a twelve month high of $18.73. The stock has a market cap of $54.63 billion, a P/E ratio of 33.33, a price-to-earnings-growth ratio of 1.13 and a beta of 0.79.

America Movil (NYSE:AMX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The Wireless communications provider reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.02). The firm had revenue of $11.36 billion during the quarter, compared to the consensus estimate of $11.28 billion. America Movil had a net margin of 3.55% and a return on equity of 7.19%. Equities analysts expect that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.51 EPS for the current year.

America Movil Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, July 21st. Stockholders of record on Friday, July 11th will be given a $0.2732 dividend. This represents a dividend yield of 3%. This is a boost from America Movil's previous semi-annual dividend of $0.24. The ex-dividend date is Friday, July 11th. America Movil's dividend payout ratio (DPR) is presently 44.44%.

Analyst Ratings Changes

AMX has been the subject of several analyst reports. Wall Street Zen cut shares of America Movil from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. HSBC upgraded America Movil from a "hold" rating to a "buy" rating and increased their price target for the stock from $15.50 to $17.50 in a report on Monday, April 14th. UBS Group set a $19.60 price objective on shares of America Movil in a report on Wednesday, May 21st. Finally, Hsbc Global Res raised America Movil from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $16.62.

About America Movil

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.