America Movil SAB de CV (NYSE:AMX) Shares Bought by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC raised its position in America Movil SAB de CV (NYSE:AMX) by 33.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,030,643 shares of the Wireless communications provider’s stock after purchasing an additional 259,777 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in America Movil SAB de CV were worth $18,294,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. First Trust Advisors LP purchased a new stake in shares of America Movil SAB de CV in the 2nd quarter valued at approximately $313,000. State of Wisconsin Investment Board purchased a new stake in America Movil SAB de CV during the 2nd quarter worth approximately $4,287,000. Blair William & Co. IL purchased a new stake in America Movil SAB de CV during the 2nd quarter worth approximately $167,000. Girard Partners LTD. purchased a new stake in America Movil SAB de CV during the 2nd quarter worth approximately $185,000. Finally, Pacad Investment Ltd. increased its stake in America Movil SAB de CV by 39.6% during the 2nd quarter. Pacad Investment Ltd. now owns 32,800 shares of the Wireless communications provider’s stock worth $522,000 after buying an additional 9,300 shares during the period. Institutional investors own 7.49% of the company’s stock.

Shares of America Movil SAB de CV (NYSE AMX) opened at $16.93 on Friday. America Movil SAB de CV has a 52-week low of $12.00 and a 52-week high of $19.50. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.80 and a quick ratio of 0.71. The company has a market cap of $56,430.00, a P/E ratio of 30.78, a price-to-earnings-growth ratio of 0.29 and a beta of 0.52.

Several brokerages recently weighed in on AMX. Santander raised shares of America Movil SAB de CV from a “hold” rating to a “buy” rating in a research note on Thursday, December 21st. ValuEngine downgraded shares of America Movil SAB de CV from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. TheStreet downgraded shares of America Movil SAB de CV from a “b-” rating to a “c+” rating in a research note on Thursday, November 9th. Credit Suisse Group raised shares of America Movil SAB de CV from a “neutral” rating to an “outperform” rating in a research report on Friday, October 20th. Finally, Zacks Investment Research downgraded shares of America Movil SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 16th. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $17.20.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark law. The original version of this piece of content can be viewed at https://stocknewstimes.com/2018/01/12/parametric-portfolio-associates-llc-increases-stake-in-america-movil-s-a-b-de-c-v-amx.html.

America Movil SAB de CV Company Profile

America Movil, SAB. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

Institutional Ownership by Quarter for America Movil SAB de CV (NYSE:AMX)

Receive News & Ratings for America Movil SAB de CV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for America Movil SAB de CV and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply