NS Partners Ltd Takes $785,000 Position in America Movil SAB de CV ADR Series L (AMX)

NS Partners Ltd purchased a new position in America Movil SAB de CV ADR Series L (NYSE:AMX) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 55,000 shares of the Wireless communications provider’s stock, valued at approximately $785,000.

A number of other large investors also recently bought and sold shares of the business. Parallel Advisors LLC grew its holdings in shares of America Movil SAB de CV ADR Series L by 66.8% during the first quarter. Parallel Advisors LLC now owns 2,001 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 801 shares during the last quarter. Comerica Bank grew its holdings in shares of America Movil SAB de CV ADR Series L by 1.0% during the fourth quarter. Comerica Bank now owns 131,195 shares of the Wireless communications provider’s stock valued at $2,083,000 after buying an additional 1,327 shares during the last quarter. NumerixS Investment Technologies Inc grew its holdings in shares of America Movil SAB de CV ADR Series L by 21.4% during the fourth quarter. NumerixS Investment Technologies Inc now owns 8,500 shares of the Wireless communications provider’s stock valued at $121,000 after buying an additional 1,500 shares during the last quarter. Field & Main Bank acquired a new position in shares of America Movil SAB de CV ADR Series L during the first quarter valued at about $29,000. Finally, Rehmann Capital Advisory Group grew its holdings in shares of America Movil SAB de CV ADR Series L by 437.8% during the fourth quarter. Rehmann Capital Advisory Group now owns 2,490 shares of the Wireless communications provider’s stock valued at $35,000 after buying an additional 2,027 shares during the last quarter. Institutional investors and hedge funds own 7.44% of the company’s stock.

AMX opened at $14.32 on Thursday. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.59 and a current ratio of 0.67. America Movil SAB de CV ADR Series L has a fifty-two week low of $12.00 and a fifty-two week high of $18.11. The stock has a market cap of $47.31 billion, a P/E ratio of 18.77, a PEG ratio of 0.94 and a beta of 0.41.

America Movil SAB de CV ADR Series L (NYSE:AMX) last released its quarterly earnings results 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 net margin of 4.80% and a return on equity of 21.70%. The firm had revenue of $12.79 billion for the quarter, compared to the consensus estimate of $13.04 billion. Equities research analysts predict that America Movil SAB de CV ADR Series L will post 1.01 EPS for the current fiscal year.

AMX has been the subject of a number of analyst reports. JPMorgan Chase & Co. upgraded shares of America Movil SAB de CV ADR Series L from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $16.00 to $17.00 in a report on Friday, April 5th. Zacks Investment Research cut 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. Itau BBA Securities cut 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. Finally, ValuEngine cut shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Two equities 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 stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.00.

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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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