América Móvil, S.A.B. de C.V. (NYSE:AMX) Shares Acquired by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 28.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 206,761 shares of the Wireless communications provider's stock after buying an additional 46,410 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in América Móvil were worth $2,959,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its holdings in América Móvil by 82.5% during the 4th quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider's stock valued at $45,000 after acquiring an additional 1,414 shares during the period. Transce3nd LLC purchased a new stake in shares of América Móvil during the fourth quarter valued at approximately $26,000. Gateway Investment Advisers LLC boosted its stake in shares of América Móvil by 17.3% during the fourth quarter. Gateway Investment Advisers LLC now owns 12,835 shares of the Wireless communications provider's stock valued at $184,000 after purchasing an additional 1,893 shares during the period. Lee Danner & Bass Inc. bought a new position in shares of América Móvil in the fourth quarter worth approximately $29,000. Finally, Blue Trust Inc. increased its stake in shares of 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 buying an additional 2,028 shares during the period. Hedge funds and other institutional investors own 6.30% of the company's stock.

América Móvil Price Performance

Shares of NYSE:AMX traded down $0.07 during midday trading on Friday, reaching $17.26. 1,770,800 shares of the company were exchanged, compared to its average volume of 1,857,735. The stock has a market cap of $52.63 billion, a PE ratio of 35.21, a price-to-earnings-growth ratio of 0.77 and a beta of 0.82. The business's fifty day moving average is $15.41 and its two-hundred day moving average is $14.91. América Móvil, S.A.B. de C.V. has a one year low of $13.10 and a one year high of $20.06. The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.90.

América Móvil (NYSE:AMX - Get Free Report) last posted 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 the consensus estimate of $11.28 billion. América Móvil had a net margin of 3.25% and a return on equity of 6.38%. As a group, analysts predict that América Móvil, S.A.B. de C.V. will post 1.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their target price on América Móvil from $17.00 to $15.00 and set an "underweight" rating on the stock in a research note on Thursday, January 16th. StockNews.com raised shares of América Móvil from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 15th. The Goldman Sachs Group decreased their price target on shares of América Móvil from $17.60 to $17.30 and set a "buy" rating for the company in a research note on Wednesday, February 19th. Hsbc Global Res upgraded América Móvil from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. Finally, HSBC upgraded América Móvil from a "hold" rating to a "buy" rating and raised their target price for the company from $15.50 to $17.50 in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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.