América Móvil, S.A.B. de C.V. (NYSE:AMX) Shares Acquired by NBC Securities Inc.

NBC Securities Inc. boosted its holdings in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 134,889.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,648 shares of the Wireless communications provider's stock after purchasing an additional 25,629 shares during the period. NBC Securities Inc.'s holdings in América Móvil were worth $364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AMX. Lazard Asset Management LLC lifted its holdings in shares of América Móvil by 12.6% in the 4th quarter. Lazard Asset Management LLC now owns 14,089,624 shares of the Wireless communications provider's stock valued at $201,621,000 after buying an additional 1,571,290 shares during the period. Bank of America Corp DE lifted its holdings in América Móvil by 278.8% in the fourth quarter. Bank of America Corp DE now owns 10,216,018 shares of the Wireless communications provider's stock valued at $146,191,000 after acquiring an additional 7,519,147 shares during the period. First Trust Advisors LP lifted its holdings in América Móvil by 1.7% in 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 acquiring an additional 48,849 shares during the period. Capital International Sarl boosted its position in América Móvil by 2.4% in the 4th quarter. Capital International Sarl now owns 1,207,240 shares of the Wireless communications provider's stock worth $17,276,000 after purchasing an additional 28,676 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of América Móvil during the 4th quarter worth approximately $16,791,000. 6.30% of the stock is owned by hedge funds and other institutional investors.

América Móvil Price Performance

Shares of AMX stock traded up $0.23 on Tuesday, reaching $17.06. 1,732,901 shares of the company were exchanged, compared to its average volume of 1,928,193. América Móvil, S.A.B. de C.V. has a 1 year low of $13.10 and a 1 year high of $18.73. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.67 and a current ratio of 0.72. The business has a 50-day moving average price of $16.44 and a 200 day moving average price of $15.13. The company has a market cap of $51.76 billion, a price-to-earnings ratio of 34.81, a P/E/G ratio of 0.77 and a beta of 0.78.

América Móvil (NYSE:AMX - Get Free Report) last announced its earnings results 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 for the quarter, compared to analyst estimates of $11.28 billion. América Móvil had a net margin of 3.25% and a return on equity of 6.38%. Equities research analysts forecast that América Móvil, S.A.B. de C.V. will post 1.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMX has been the subject of several analyst reports. Wall Street Zen upgraded shares of América Móvil from a "hold" rating to a "buy" rating in a research note on Wednesday, May 28th. HSBC upgraded shares of América Móvil from a "hold" rating to a "buy" rating and upped their price objective for the stock from $15.50 to $17.50 in a research report on Monday, April 14th. The Goldman Sachs Group dropped their target price on América Móvil from $17.60 to $17.30 and set a "buy" rating on the stock in a research report on Wednesday, February 19th. Scotiabank reduced their price target on América Móvil from $17.30 to $13.70 and set a "sector perform" rating for the company in a report on Thursday, February 13th. Finally, Hsbc Global Res upgraded América Móvil from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, América Móvil has a consensus rating of "Moderate Buy" and a consensus price target of $17.22.

América Móvil 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.