América Móvil, S.A.B. de C.V. (NYSE:AMX) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC lessened its stake in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,604 shares of the Wireless communications provider’s stock after selling 874 shares during the quarter. United Capital Financial Advisors LLC’s holdings in América Móvil were worth $352,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in shares of América Móvil by 82.5% in the fourth quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider’s stock worth $45,000 after acquiring an additional 1,414 shares in the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of América Móvil by 17.3% during the 4th quarter. Gateway Investment Advisers LLC now owns 12,835 shares of the Wireless communications provider’s stock valued at $184,000 after buying an additional 1,893 shares during the last quarter. Lee Danner & Bass Inc. acquired a new stake in shares of América Móvil during the fourth quarter worth approximately $29,000. 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 last quarter. Finally, Spire Wealth Management acquired a new stake in América Móvil in the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 6.30% of the company’s stock.

América Móvil Trading Up 0.2 %

Shares of NYSE AMX opened at $16.17 on Tuesday. América Móvil, S.A.B. de C.V. has a 12-month low of $13.10 and a 12-month high of $20.31. The company has a market cap of $49.32 billion, a price-to-earnings ratio of 33.00, a price-to-earnings-growth ratio of 0.77 and a beta of 0.79. The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.90. The stock’s 50 day simple moving average is $14.53 and its 200 day simple moving average is $14.82.

América Móvil (NYSE:AMX) last posted its earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.15 earnings per share (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%. Equities research analysts expect that América Móvil, S.A.B. de C.V. will post 1.51 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on AMX. HSBC raised shares of América Móvil from a “hold” rating to a “buy” rating and boosted their target price for the stock from $15.50 to $17.50 in a research report on Monday, April 14th. StockNews.com raised América Móvil from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 15th. Scotiabank lowered their price target on América Móvil from $17.30 to $13.70 and set a “sector perform” rating for the company in a report on Thursday, February 13th. Hsbc Global Res raised América Móvil from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of América Móvil from $17.00 to $15.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average 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.