914800 Shares in America Movil SAB de CV ADR Series L (AMX) Acquired by

Teachers Advisors LLC acquired a new stake in shares of America Movil SAB de CV ADR Series L (NYSE:AMX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 914,800 shares of the Wireless communications provider’s stock, valued at approximately $14,692,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Moody National Bank Trust Division boosted its position in America Movil SAB de CV ADR Series L by 45.0% during the 3rd quarter. Moody National Bank Trust Division now owns 87,134 shares of the Wireless communications provider’s stock valued at $1,399,000 after purchasing an additional 27,050 shares during the period. Signature Financial Management Inc. acquired a new stake in shares of America Movil SAB de CV ADR Series L during the second quarter worth $167,000. Schroder Investment Management Group raised its position in shares of America Movil SAB de CV ADR Series L by 1,333.7% during the second quarter. Schroder Investment Management Group now owns 9,843,758 shares of the Wireless communications provider’s stock worth $164,391,000 after purchasing an additional 9,157,166 shares during the period. JPMorgan Chase & Co. raised its position in shares of America Movil SAB de CV ADR Series L by 69.5% during the third quarter. JPMorgan Chase & Co. now owns 942,559 shares of the Wireless communications provider’s stock worth $15,137,000 after purchasing an additional 386,391 shares during the period. Finally, American Century Companies Inc. raised its position in shares of America Movil SAB de CV ADR Series L by 37.3% during the third quarter. American Century Companies Inc. now owns 2,703,987 shares of the Wireless communications provider’s stock worth $43,426,000 after purchasing an additional 735,280 shares during the period. 7.62% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on AMX. Zacks Investment Research reaffirmed a “strong sell” rating on shares of America Movil SAB de CV ADR Series L in a research report on Monday, December 31st. ValuEngine raised America Movil SAB de CV ADR Series L from a “sell” rating to a “hold” rating in a research report on Tuesday, October 9th. TheStreet raised America Movil SAB de CV ADR Series L from a “c” rating to a “b-” rating in a research report on Monday, October 22nd. Bradesco Corretora upgraded America Movil SAB de CV ADR Series L to a “neutral” rating in a report on Monday, November 26th. Finally, Scotiabank set a $19.00 price target on America Movil SAB de CV ADR Series L and gave the company a “buy” rating in a report on Wednesday, November 28th. Three analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.75.

NYSE AMX opened at $15.46 on Monday. America Movil SAB de CV ADR Series L has a twelve month low of $12.00 and a twelve month high of $19.91. The company has a quick ratio of 0.68, a current ratio of 0.78 and a debt-to-equity ratio of 2.94. The stock has a market cap of $52.03 billion, a P/E ratio of 22.74, a price-to-earnings-growth ratio of 0.74 and a beta of 0.31.

America Movil SAB de CV ADR Series L (NYSE:AMX) last posted its quarterly earnings data on Tuesday, October 16th. The Wireless communications provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.03). The business had revenue of $13.15 billion for the quarter, compared to analyst estimates of $12.94 billion. America Movil SAB de CV ADR Series L had a return on equity of 12.80% and a net margin of 2.57%. As a group, analysts expect that America Movil SAB de CV ADR Series L will post 0.7 EPS for the current year.

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About America Movil SAB de CV ADR Series L

América Móvil, SAB. de C.V. provides telecommunications services in Latin America, the United States, the Caribbean, and Europe. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.

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Institutional Ownership by Quarter for America Movil SAB de CV ADR Series L (NYSE:AMX)

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