Sava Infond d.o.o. Purchases New Holdings in América Móvil, S.A.B. de C.V. (NYSE:AMX)

Sava Infond d.o.o. bought a new position in América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,000 shares of the Wireless communications provider's stock, valued at approximately $286,000.

A number of other large investors have also made changes to their positions in the company. Robeco Institutional Asset Management B.V. grew its position in América Móvil by 115.3% during the 4th 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 purchasing an additional 1,050,203 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of América Móvil by 5.8% during the fourth quarter. American Century Companies Inc. now owns 1,069,640 shares of the Wireless communications provider's stock valued at $15,307,000 after buying an additional 58,934 shares in the last quarter. ABC Arbitrage SA acquired a new position in América Móvil during the fourth quarter valued at $14,238,000. Rockefeller Capital Management L.P. lifted its stake in América Móvil by 8.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 559,236 shares of the Wireless communications provider's stock worth $9,151,000 after acquiring an additional 44,631 shares in the last quarter. Finally, ABS Direct Equity Fund LLC boosted its position in América Móvil by 21.4% during the 3rd quarter. ABS Direct Equity Fund LLC now owns 413,922 shares of the Wireless communications provider's stock worth $6,772,000 after acquiring an additional 73,022 shares during the period. Institutional investors and hedge funds own 6.30% of the company's stock.

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América Móvil Stock Up 2.0 %

Shares of NYSE:AMX traded up $0.29 on Tuesday, reaching $14.51. The company had a trading volume of 260,449 shares, compared to its average volume of 1,632,845. The stock has a market capitalization of $44.24 billion, a P/E ratio of 29.60, a P/E/G ratio of 0.77 and a beta of 0.95. The stock has a 50-day moving average price of $14.42 and a 200 day moving average price of $15.03. América Móvil, S.A.B. de C.V. has a twelve month low of $13.63 and a twelve month 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.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on AMX. StockNews.com upgraded América Móvil from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 15th. The Goldman Sachs Group cut their target price on shares of América Móvil from $17.60 to $17.30 and set a "buy" rating for the company in a research report on Wednesday, February 19th. JPMorgan Chase & Co. lowered their price target on shares of América Móvil from $17.00 to $15.00 and set an "underweight" rating on the stock in a report on Thursday, January 16th. Finally, Scotiabank dropped their price target on shares of 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 research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has assigned 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 $17.15.

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.