Auxier Asset Management Sells 4,276 Shares of América Móvil, S.A.B. de C.V. (NYSE:AMX)

Auxier Asset Management cut its holdings in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) by 5.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,890 shares of the Wireless communications provider’s stock after selling 4,276 shares during the period. Auxier Asset Management’s holdings in América Móvil were worth $1,100,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Barclays PLC increased its position in América Móvil by 36,692.9% during the 3rd quarter. Barclays PLC now owns 150,115 shares of the Wireless communications provider’s stock valued at $2,456,000 after purchasing an additional 149,707 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of América Móvil by 1.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 148,194 shares of the Wireless communications provider’s stock valued at $2,120,000 after buying an additional 2,732 shares during the period. Raleigh Capital Management Inc. bought a new position in América Móvil in the fourth quarter worth about $57,000. Brighton Jones LLC purchased a new stake in América Móvil in the fourth quarter worth about $154,000. Finally, Blue Trust Inc. boosted its position in América Móvil by 57.8% during the 4th quarter. Blue Trust Inc. now owns 5,535 shares of the Wireless communications provider’s stock valued at $79,000 after acquiring an additional 2,028 shares in the last quarter. Institutional investors own 6.30% of the company’s stock.

América Móvil Stock Up 0.3%

Shares of América Móvil stock opened at $17.53 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 0.90. América Móvil, S.A.B. de C.V. has a twelve month low of $13.10 and a twelve month high of $19.61. The company has a market cap of $53.20 billion, a price-to-earnings ratio of 35.78, a price-to-earnings-growth ratio of 0.77 and a beta of 0.82. The company’s 50 day moving average is $15.78 and its 200 day moving average is $14.98.

América Móvil (NYSE:AMX) last issued its quarterly earnings data on Wednesday, April 30th. The Wireless communications provider reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). América Móvil had a return on equity of 6.38% and a net margin of 3.25%. The firm had revenue of $11.36 billion during the quarter, compared to the consensus estimate of $11.28 billion. Research analysts anticipate that América Móvil, S.A.B. de C.V. will post 1.51 EPS for the current year.

Wall Street Analysts Forecast Growth

AMX has been the subject of several research reports. Hsbc Global Res raised América Móvil from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. UBS Group cut shares of América Móvil from a “buy” rating to a “neutral” rating in a research report on Wednesday. HSBC raised América Móvil from a “hold” rating to a “buy” rating and boosted their price target for the stock from $15.50 to $17.50 in a research report on Monday, April 14th. Wall Street Zen started coverage on América Móvil in a research note on Tuesday. They issued a “strong-buy” rating on the stock. Finally, The Goldman Sachs Group dropped their target price on shares of América Móvil from $17.60 to $17.30 and set a “buy” rating on the stock in a research note on Wednesday, February 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, América Móvil has a consensus rating of “Moderate Buy” and an average 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.