O Shaughnessy Asset Management LLC Has $950,000 Stock Position in América Móvil, S.A.B. de C.V. (NYSE:AMX)

O Shaughnessy Asset Management LLC lessened its holdings in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 33.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,386 shares of the Wireless communications provider's stock after selling 33,210 shares during the period. O Shaughnessy Asset Management LLC's holdings in América Móvil were worth $950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. increased its position in América Móvil by 115.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,961,191 shares of the Wireless communications provider's stock valued at $28,065,000 after acquiring an additional 1,050,203 shares during the period. ABC Arbitrage SA acquired a new stake in América Móvil in the fourth quarter worth approximately $14,238,000. Boston Partners bought a new position in América Móvil during the 4th quarter valued at $2,211,000. Barclays PLC boosted its stake 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 in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of América Móvil in the 4th quarter worth $1,386,000. Institutional investors and hedge funds own 6.30% of the company's stock.

América Móvil Trading Up 1.8 %

NYSE AMX traded up $0.25 during trading hours on Friday, hitting $14.17. The company's stock had a trading volume of 8,412,687 shares, compared to its average volume of 1,728,570. América Móvil, S.A.B. de C.V. has a twelve month low of $13.10 and a twelve month high of $20.31. The firm has a market capitalization of $43.20 billion, a P/E ratio of 28.91, a PEG ratio of 0.77 and a beta of 0.79. 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 fifty day moving average of $14.41 and a 200 day moving average of $14.86.

América Móvil (NYSE:AMX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.27). América Móvil had a return on equity of 6.38% and a net margin of 3.25%. Equities research analysts forecast that América Móvil, S.A.B. de C.V. will post 1.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMX. The Goldman Sachs Group decreased their target price 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. StockNews.com upgraded shares of América Móvil from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 15th. JPMorgan Chase & Co. decreased their price target on shares of América Móvil from $17.00 to $15.00 and set an "underweight" rating on the stock in a research note on Thursday, January 16th. Finally, Scotiabank lowered their price objective on América Móvil from $17.30 to $13.70 and set a "sector perform" rating on the stock in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $17.15.

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.