Teacher Retirement System of Texas Invests $3.53 Million in America Movil SAB de CV (AMX)

Teacher Retirement System of Texas bought a new stake in America Movil SAB de CV (NYSE:AMX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 206,000 shares of the Wireless communications provider’s stock, valued at approximately $3,533,000.

Several other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in shares of America Movil SAB de CV by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 14,584,647 shares of the Wireless communications provider’s stock valued at $250,127,000 after purchasing an additional 119,394 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in America Movil SAB de CV by 7.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,114,643 shares of the Wireless communications provider’s stock valued at $73,038,000 after acquiring an additional 271,328 shares during the last quarter. APG Asset Management N.V. raised its stake in America Movil SAB de CV by 3.3% during the 3rd quarter. APG Asset Management N.V. now owns 2,954,584 shares of the Wireless communications provider’s stock valued at $52,444,000 after acquiring an additional 93,600 shares during the last quarter. USS Investment Management Ltd raised its stake in America Movil SAB de CV by 64.6% during the 4th quarter. USS Investment Management Ltd now owns 2,688,185 shares of the Wireless communications provider’s stock valued at $46,116,000 after acquiring an additional 1,055,000 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in America Movil SAB de CV by 2.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,394,037 shares of the Wireless communications provider’s stock valued at $42,495,000 after acquiring an additional 68,223 shares during the last quarter. 7.40% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on AMX shares. Scotiabank set a $20.00 price objective on America Movil SAB de CV and gave the company a “buy” rating in a research note on Wednesday, February 14th. ValuEngine raised America Movil SAB de CV from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Barclays reaffirmed a “buy” rating and set a $21.00 price objective on shares of America Movil SAB de CV in a research note on Friday, January 19th. Santander raised America Movil SAB de CV from a “hold” rating to a “buy” rating in a research note on Thursday, December 21st. Finally, TheStreet downgraded America Movil SAB de CV from a “b-” rating to a “c+” rating in a research note on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $18.38.

America Movil SAB de CV (NYSE AMX) opened at $19.24 on Monday. The stock has a market capitalization of $63,562.84, a P/E ratio of 45.81, a PEG ratio of 0.31 and a beta of 0.53. America Movil SAB de CV has a one year low of $12.40 and a one year high of $19.50. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.71 and a current ratio of 0.80.

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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.

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

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