Northcape Capital Pty Ltd raised its position in shares of America Movil SAB de CV ADR Series L (NYSE:AMX) by 0.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,117,197 shares of the Wireless communications provider’s stock after acquiring an additional 1,343 shares during the quarter. America Movil SAB de CV ADR Series L makes up approximately 12.0% of Northcape Capital Pty Ltd’s holdings, making the stock its 4th largest position. Northcape Capital Pty Ltd’s holdings in America Movil SAB de CV ADR Series L were worth $58,794,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Lazard Asset Management LLC boosted its position in shares of America Movil SAB de CV ADR Series L by 9.1% in the 1st quarter. Lazard Asset Management LLC now owns 40,008,073 shares of the Wireless communications provider’s stock worth $571,315,000 after purchasing an additional 3,337,723 shares in the last quarter. Millennium Management LLC boosted its position in shares of America Movil SAB de CV ADR Series L by 787.7% in the 4th quarter. Millennium Management LLC now owns 2,944,849 shares of the Wireless communications provider’s stock worth $41,964,000 after purchasing an additional 2,613,114 shares in the last quarter. BlackRock Inc. boosted its position in shares of America Movil SAB de CV ADR Series L by 22.1% in the 4th quarter. BlackRock Inc. now owns 14,347,082 shares of the Wireless communications provider’s stock worth $204,447,000 after purchasing an additional 2,594,426 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of America Movil SAB de CV ADR Series L by 290.7% in the 1st quarter. JPMorgan Chase & Co. now owns 3,236,777 shares of the Wireless communications provider’s stock worth $46,221,000 after purchasing an additional 2,408,385 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of America Movil SAB de CV ADR Series L by 180.2% in the 4th quarter. Acadian Asset Management LLC now owns 1,585,707 shares of the Wireless communications provider’s stock worth $22,595,000 after purchasing an additional 1,019,786 shares in the last quarter. 7.34% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on the company. JPMorgan Chase & Co. raised America Movil SAB de CV ADR Series L from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $16.00 to $17.00 in a research report on Friday, April 5th. ValuEngine lowered shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a report on Wednesday, May 1st. Zacks Investment Research lowered shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a report on Tuesday, February 12th. HSBC upgraded shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “buy” rating in a report on Friday, April 5th. Finally, Itau BBA Securities lowered shares of America Movil SAB de CV ADR Series L from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 13th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $18.00.

NYSE AMX traded down $0.22 during mid-day trading on Wednesday, reaching $14.80. The stock had a trading volume of 126,402 shares, compared to its average volume of 2,373,910. America Movil SAB de CV ADR Series L has a 1 year low of $12.00 and a 1 year high of $18.11. The firm has a market cap of $48.50 billion, a P/E ratio of 19.07, a PEG ratio of 0.95 and a beta of 0.44. The company has a quick ratio of 0.59, a current ratio of 0.67 and a debt-to-equity ratio of 2.26.

America Movil SAB de CV ADR Series L (NYSE:AMX) last announced its quarterly earnings data on Monday, April 29th. The Wireless communications provider reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.03). America Movil SAB de CV ADR Series L had a return on equity of 21.70% and a net margin of 4.80%. The firm had revenue of $12.79 billion during the quarter, compared to analysts’ expectations of $13.04 billion. As a group, equities analysts expect that America Movil SAB de CV ADR Series L will post 1.02 earnings per share for the current fiscal year.

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America Movil SAB de CV ADR Series L Company Profile

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 wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.

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

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