Schroder Investment Management Group Has $2.38 Million Holdings in América Móvil, S.A.B. de C.V. (NYSE:AMX)

Schroder Investment Management Group lessened its holdings in América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) by 93.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,972 shares of the Wireless communications provider's stock after selling 2,343,887 shares during the quarter. Schroder Investment Management Group's holdings in América Móvil were worth $2,375,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Sava Infond d.o.o. acquired a new position in América Móvil in the fourth quarter worth about $286,000. Banco BTG Pactual S.A. grew its stake in shares of América Móvil by 56.0% in the 4th quarter. Banco BTG Pactual S.A. now owns 117,008 shares of the Wireless communications provider's stock valued at $1,674,000 after purchasing an additional 42,008 shares during the period. FCA Corp TX acquired a new position in shares of América Móvil in the 4th quarter worth approximately $143,000. American Century Companies Inc. lifted its position in shares of América Móvil by 5.8% during the 4th quarter. American Century Companies Inc. now owns 1,069,640 shares of the Wireless communications provider's stock worth $15,307,000 after buying an additional 58,934 shares during the period. Finally, Lee Danner & Bass Inc. acquired a new stake in América Móvil in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 6.30% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on América Móvil from $17.00 to $15.00 and set an "underweight" rating for the company in a report on Thursday, January 16th. The Goldman Sachs Group reduced their price target on shares of América Móvil from $17.60 to $17.30 and set a "buy" rating on the stock in a research report on Wednesday, February 19th. Scotiabank dropped their price objective on shares of América Móvil from $17.30 to $13.70 and set a "sector perform" rating for the company in a report on Thursday, February 13th. Finally, StockNews.com upgraded shares of América Móvil from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, América Móvil presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.15.

América Móvil Price Performance

Shares of América Móvil stock traded up $0.25 during trading on Friday, reaching $14.17. The company's stock had a trading volume of 8,412,687 shares, compared to its average volume of 1,728,570. The stock has a 50-day moving average price of $14.41 and a two-hundred day moving average price of $14.86. The stock has a market capitalization of $43.20 billion, a P/E ratio of 28.91, 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. América Móvil, S.A.B. de C.V. has a one year low of $13.10 and a one year high of $20.31.

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

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.