America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) Stock Holdings Raised by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC raised its stake in America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX - Free Report) by 75.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 37,449 shares of the Wireless communications provider's stock after purchasing an additional 16,110 shares during the period. Schechter Investment Advisors LLC's holdings in America Movil were worth $533,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Transce3nd LLC acquired a new position in shares of America Movil in the 4th quarter valued at about $26,000. Lee Danner & Bass Inc. acquired a new position in shares of America Movil in the 4th quarter valued at about $29,000. Parvin Asset Management LLC acquired a new position in shares of America Movil in the 4th quarter valued at about $39,000. Garde Capital Inc. acquired a new position in shares of America Movil in the 1st quarter valued at about $40,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of 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 period. 6.30% of the stock is owned by institutional investors and hedge funds.

America Movil Stock Down 0.8%

AMX stock opened at $17.39 on Tuesday. America Movil, S.A.B. de C.V. Unsponsored ADR has a 12 month low of $13.10 and a 12 month high of $18.43. The firm has a market cap of $52.78 billion, a PE ratio of 32.21, a P/E/G ratio of 1.11 and a beta of 0.79. The firm has a 50 day simple moving average of $17.37 and a 200 day simple moving average of $15.62. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.71 and a quick ratio of 0.66.

America Movil (NYSE:AMX - Get Free Report) last released 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). America Movil had a net margin of 3.55% and a return on equity of 7.19%. The business had revenue of $11.36 billion for the quarter, compared to analyst estimates of $11.28 billion. Equities research analysts forecast that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.51 earnings per share for the current fiscal year.

America Movil Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, July 21st. Stockholders of record on Friday, July 11th will be issued a dividend of $0.2732 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a dividend yield of 3%. This is a positive change from America Movil's previous semi-annual dividend of $0.24. America Movil's payout ratio is currently 144.44%.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Wall Street Zen raised shares of America Movil from a "hold" rating to a "buy" rating in a report on Saturday. HSBC upgraded shares of America Movil from a "hold" rating to a "buy" rating and upped their target price for the stock from $15.50 to $17.50 in a research report on Monday, April 14th. UBS Group upped their target price on shares of America Movil from $19.60 to $20.40 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Finally, Hsbc Global Res upgraded shares of America Movil from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $16.78.

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.

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