Robeco Institutional Asset Management B.V. Has $173.15 Million Stock Holdings in America Movil, S.A.B. de C.V. Unsponsored ADR $AMX

Key Points

• Robeco Institutional Asset Management boosted its stake in America Movil by 93.8% in Q4 and now owns 8,376,918 shares worth about $173.15 million, representing roughly 0.28% of the company.
• America Movil reported Q4 EPS of $0.35 (below the $0.43 consensus) while revenue of $13.59 billion topped estimates; the stock trades at a PE of 19.03 with a market cap of $82.05 billion.
• Analyst coverage is mixed — the consensus rating is a Hold with an average price target of $23.73, though several firms have recently issued upgrades.

Robeco Institutional Asset Management B.V. lifted its position in shares of America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX - Free Report) by 93.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,376,918 shares of the Wireless communications provider's stock after acquiring an additional 4,053,838 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.28% of America Movil worth $173,151,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Trust Co. of Vermont acquired a new stake in shares of America Movil during the 3rd quarter valued at $31,000. Beacon Financial Strategies CORP acquired a new stake in shares of America Movil during the 4th quarter valued at $43,000. EverSource Wealth Advisors LLC boosted its holdings in shares of America Movil by 142.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the Wireless communications provider's stock valued at $38,000 after acquiring an additional 1,235 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in America Movil during the 2nd quarter worth $54,000. Finally, Global Retirement Partners LLC raised its position in America Movil by 53.8% during the 3rd quarter. Global Retirement Partners LLC now owns 3,883 shares of the Wireless communications provider's stock worth $82,000 after purchasing an additional 1,359 shares during the last quarter. Institutional investors and hedge funds own 6.30% of the company's stock.

America Movil Stock Performance

AMX stock opened at $27.22 on Friday. The stock has a 50-day moving average price of $24.20 and a 200-day moving average price of $22.52. America Movil, S.A.B. de C.V. Unsponsored ADR has a 1-year low of $13.93 and a 1-year high of $27.70. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.01. The firm has a market cap of $82.05 billion, a PE ratio of 19.03, a price-to-earnings-growth ratio of 0.99 and a beta of 0.71.

America Movil (NYSE:AMX - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The Wireless communications provider reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.08). America Movil had a return on equity of 18.92% and a net margin of 8.78%.The business had revenue of $13.59 billion during the quarter, compared to the consensus estimate of $13.09 billion. As a group, equities research analysts expect that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Wall Street Zen raised America Movil from a "buy" rating to a "strong-buy" rating in a research report on Saturday, January 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of America Movil in a research report on Wednesday, January 21st. Scotiabank raised their target price on America Movil from $19.50 to $21.80 and gave the stock a "sector perform" rating in a research report on Monday, March 30th. New Street Research raised America Movil from a "neutral" rating to a "buy" rating in a research report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. raised their target price on America Movil from $23.50 to $24.50 and gave the stock a "neutral" rating in a research report on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $23.73.

America Movil Profile

América Móvil is a Mexican telecommunications company headquartered in Mexico City that provides a broad range of communications services. Established in the early 2000s out of the expansion of the Slim family's telecommunications holdings, the company is a major provider of mobile and fixed-line telephony, broadband internet and pay-television services in the region. Its operations span retail consumer services as well as wholesale and enterprise solutions, positioning it as an integrated communications provider across multiple customer segments.

The company markets services under several regional brands—most notably Telcel in Mexico and Claro across many Latin American markets—and offers both prepaid and postpaid mobile plans, fixed and mobile broadband, fiber-to-the-home where available, and video/broadcast distribution services.

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