Sava Infond d.o.o. Takes $286,000 Position in América Móvil, S.A.B. de C.V. (NYSE:AMX)

Sava Infond d.o.o. bought a new position in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,000 shares of the Wireless communications provider’s stock, valued at approximately $286,000.

Several other institutional investors have also recently made changes to their positions in AMX. Robeco Institutional Asset Management B.V. grew its position in América Móvil by 115.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,961,191 shares of the Wireless communications provider’s stock worth $28,065,000 after purchasing an additional 1,050,203 shares during the period. ABC Arbitrage SA acquired a new stake in América Móvil during the fourth quarter worth about $14,238,000. Boston Partners acquired a new stake in América Móvil during the fourth quarter worth about $2,211,000. Barclays PLC raised its position in América Móvil by 36,692.9% during the third quarter. Barclays PLC now owns 150,115 shares of the Wireless communications provider’s stock valued at $2,456,000 after acquiring an additional 149,707 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in América Móvil in the fourth quarter valued at approximately $1,386,000. Hedge funds and other institutional investors own 6.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. StockNews.com raised shares of América Móvil from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 15th. The Goldman Sachs Group cut their price objective on shares of América Móvil from $17.60 to $17.30 and set a “buy” rating for the company in a report on Wednesday, February 19th. Scotiabank decreased their price objective on shares of América Móvil from $17.30 to $13.70 and set a “sector perform” rating for the company in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. dropped their target price on América Móvil from $17.00 to $15.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, América Móvil currently has an average rating of “Moderate Buy” and an average price target of $17.15.

América Móvil Stock Up 0.8 %

NYSE AMX opened at $14.47 on Friday. The business has a fifty day moving average price of $14.40 and a 200 day moving average price of $15.07. 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 company has a market cap of $44.15 billion, a P/E ratio of 29.54, a P/E/G ratio of 0.77 and a beta of 0.95. América Móvil, S.A.B. de C.V. has a one year low of $13.63 and a one year high of $20.31.

América Móvil (NYSE:AMX) last issued its earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.27). América Móvil had a net margin of 3.25% and a return on equity of 6.38%. Research analysts anticipate that América Móvil, S.A.B. de C.V. will post 1.51 EPS for the current fiscal year.

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.