Jane Street Group LLC Sells 101,937 Shares of América Móvil, S.A.B. de C.V. (NYSE:AMX)

Jane Street Group LLC lessened its stake in América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 68.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,211 shares of the Wireless communications provider's stock after selling 101,937 shares during the period. Jane Street Group LLC's holdings in América Móvil were worth $661,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in América Móvil by 55.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,872 shares of the Wireless communications provider's stock valued at $243,000 after purchasing an additional 6,033 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in América Móvil by 82.5% in the fourth quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider's stock worth $45,000 after acquiring an additional 1,414 shares during the last quarter. Blue Trust Inc. lifted its holdings in América Móvil by 57.8% in the fourth quarter. Blue Trust Inc. now owns 5,535 shares of the Wireless communications provider's stock worth $79,000 after acquiring an additional 2,028 shares during the last quarter. Barclays PLC lifted its holdings in América Móvil by 36,692.9% in the third quarter. Barclays PLC now owns 150,115 shares of the Wireless communications provider's stock worth $2,456,000 after acquiring an additional 149,707 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake 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 valued at $28,065,000 after purchasing an additional 1,050,203 shares during the period. Institutional investors and hedge funds own 6.30% of the company's stock.

América Móvil Stock Down 1.5%

Shares of NYSE AMX traded down $0.27 during trading on Friday, hitting $17.07. The stock had a trading volume of 1,015,313 shares, compared to its average volume of 1,916,435. The company has a market capitalization of $51.79 billion, a PE ratio of 34.87, a PEG ratio of 0.77 and a beta of 0.82. The firm has a fifty day moving average of $16.05 and a two-hundred day moving average of $15.03. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.67. América Móvil, S.A.B. de C.V. has a 12 month low of $13.10 and a 12 month high of $19.03.

América Móvil (NYSE:AMX - Get Free Report) last announced its earnings results 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 company had revenue of $11.36 billion during the quarter, compared to analysts' expectations 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 fiscal year.

Analyst Ratings Changes

Several brokerages have commented on AMX. Scotiabank dropped 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. UBS Group lowered shares of América Móvil from a "buy" rating to a "neutral" rating in a research report on Wednesday, May 21st. 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. The Goldman Sachs Group lowered their target price on shares of América Móvil from $17.60 to $17.30 and set a "buy" rating on the stock in a research note on Wednesday, February 19th. Finally, Wall Street Zen upgraded shares of América Móvil from a "hold" rating to a "buy" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, América Móvil has a consensus rating of "Moderate Buy" and an average target price of $17.22.

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.