Hosking Partners LLP Decreases Stake in America Movil SAB de CV ADR Series L (NYSE:AMX)

Hosking Partners LLP reduced its stake in America Movil SAB de CV ADR Series L (NYSE:AMX) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 328,518 shares of the Wireless communications provider’s stock after selling 12,507 shares during the period. Hosking Partners LLP’s holdings in America Movil SAB de CV ADR Series L were worth $5,256,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AMX. Parametric Portfolio Associates LLC grew its holdings in shares of America Movil SAB de CV ADR Series L by 15.8% in the third quarter. Parametric Portfolio Associates LLC now owns 3,565,608 shares of the Wireless communications provider’s stock worth $52,985,000 after purchasing an additional 487,330 shares during the last quarter. Creative Planning raised its holdings in America Movil SAB de CV ADR Series L by 3.7% during the 3rd quarter. Creative Planning now owns 65,605 shares of the Wireless communications provider’s stock valued at $975,000 after buying an additional 2,361 shares during the last quarter. Eqis Capital Management Inc. boosted its position in America Movil SAB de CV ADR Series L by 43.8% during the 3rd quarter. Eqis Capital Management Inc. now owns 25,148 shares of the Wireless communications provider’s stock valued at $374,000 after buying an additional 7,663 shares during the period. Millennium Management LLC boosted its position in America Movil SAB de CV ADR Series L by 118.0% during the 3rd quarter. Millennium Management LLC now owns 298,486 shares of the Wireless communications provider’s stock valued at $4,435,000 after buying an additional 161,573 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in America Movil SAB de CV ADR Series L by 2.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 110,030 shares of the Wireless communications provider’s stock worth $1,635,000 after acquiring an additional 2,451 shares during the last quarter. Hedge funds and other institutional investors own 7.05% of the company’s stock.

A number of research firms have issued reports on AMX. Zacks Investment Research cut shares of America Movil SAB de CV ADR Series L from a “strong-buy” rating to a “hold” rating and set a $20.00 price objective on the stock. in a research report on Tuesday, February 4th. ValuEngine lowered shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a report on Wednesday.

AMX opened at $17.89 on Friday. America Movil SAB de CV ADR Series L has a one year low of $12.93 and a one year high of $18.00. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.68 and a quick ratio of 0.60. The business has a 50 day simple moving average of $16.49 and a two-hundred day simple moving average of $15.38. The firm has a market capitalization of $54.40 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 0.72 and a beta of 0.47.

About America Movil SAB de CV ADR Series L

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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