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

Sanctuary Advisors LLC cut its stake in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 52.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 27,330 shares of the Wireless communications provider's stock after selling 30,128 shares during the period. Sanctuary Advisors LLC's holdings in América Móvil were worth $391,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. boosted its stake in shares of América Móvil by 115.3% in the fourth 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 acquiring an additional 1,050,203 shares during the last quarter. ABC Arbitrage SA acquired a new stake in América Móvil during the 4th quarter worth $14,238,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of América Móvil by 76.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 736,107 shares of the Wireless communications provider's stock valued at $12,043,000 after buying an additional 317,800 shares during the last quarter. Barclays PLC lifted its stake in shares of América Móvil by 36,692.9% in the third quarter. Barclays PLC now owns 150,115 shares of the Wireless communications provider's stock worth $2,456,000 after buying an additional 149,707 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of América Móvil in the third quarter worth about $1,341,000. 6.30% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

AMX has been the subject of a number of recent research reports. StockNews.com upgraded shares of América Móvil from a "buy" rating to a "strong-buy" rating in a report on Thursday. JPMorgan Chase & Co. dropped their price target on América Móvil from $17.00 to $15.00 and set an "underweight" rating for the company in a research report on Thursday, January 16th. Scotiabank reduced their price objective on América Móvil from $17.30 to $13.70 and set a "sector perform" rating on the stock in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group lowered their price objective on 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 research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, América Móvil has a consensus rating of "Moderate Buy" and a consensus price target of $17.15.

América Móvil Trading Down 0.8 %

NYSE:AMX traded down $0.12 on Friday, hitting $14.65. The stock had a trading volume of 378,177 shares, compared to its average volume of 1,555,878. The company has a fifty day moving average price of $14.32 and a two-hundred day moving average price of $15.32. América Móvil, S.A.B. de C.V. has a 1-year low of $13.63 and a 1-year high of $20.31. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 0.90. The stock has a market cap of $44.96 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 0.77 and a beta of 0.93.

América Móvil (NYSE:AMX - Get Free Report) last released its quarterly earnings data 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%. Equities research analysts expect that América Móvil, S.A.B. de C.V. will post 1.51 earnings per share 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.