América Móvil, S.A.B. de C.V. (NYSE:AMX) Shares Sold by TSP Capital Management Group LLC

TSP Capital Management Group LLC lowered its stake in América Móvil, S.A.B. de C.V. (NYSE:AMX) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 256,014 shares of the Wireless communications provider’s stock after selling 6,756 shares during the quarter. América Móvil comprises about 1.2% of TSP Capital Management Group LLC’s portfolio, making the stock its 27th biggest holding. TSP Capital Management Group LLC’s holdings in América Móvil were worth $3,664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in América Móvil by 5.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,839 shares of the Wireless communications provider’s stock valued at $178,000 after buying an additional 608 shares during the last quarter. Allworth Financial LP lifted its position in América Móvil by 46.1% in the third quarter. Allworth Financial LP now owns 4,964 shares of the Wireless communications provider’s stock valued at $81,000 after buying an additional 1,567 shares during the last quarter. Gateway Investment Advisers LLC lifted its position in América Móvil by 17.3% in the fourth quarter. Gateway Investment Advisers LLC now owns 12,835 shares of the Wireless communications provider’s stock valued at $184,000 after buying an additional 1,893 shares during the last quarter. Blue Trust Inc. lifted its position in América Móvil by 57.8% in the fourth quarter. Blue Trust Inc. now owns 5,535 shares of the Wireless communications provider’s stock valued at $79,000 after buying an additional 2,028 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in América Móvil by 3.0% in the third quarter. Hantz Financial Services Inc. now owns 73,650 shares of the Wireless communications provider’s stock valued at $1,205,000 after buying an additional 2,177 shares during the last quarter. Institutional investors and hedge funds own 6.30% of the company’s stock.

América Móvil Stock Up 0.2 %

AMX stock opened at $14.83 on Friday. The company’s 50 day moving average price is $14.32 and its 200 day moving average price is $15.55. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.67 and a current ratio of 0.72. América Móvil, S.A.B. de C.V. has a fifty-two week low of $13.63 and a fifty-two week high of $20.31. The firm has a market capitalization of $45.53 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 0.75 and a beta of 0.93.

América Móvil (NYSE:AMX) last released 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 8.61% and a net margin of 4.45%. On average, equities research analysts anticipate that América Móvil, S.A.B. de C.V. will post 0.69 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on AMX shares. The Goldman Sachs Group decreased their target price on shares of América Móvil from $17.80 to $17.60 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. JPMorgan Chase & Co. reduced 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 report on Thursday, January 16th. Scotiabank reduced 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 report on Thursday. Finally, StockNews.com raised shares of América Móvil from a “buy” rating to a “strong-buy” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, América Móvil presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.22.

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.