Robeco Institutional Asset Management B.V. Buys 1,050,203 Shares of América Móvil, S.A.B. de C.V. (NYSE:AMX)

Robeco Institutional Asset Management B.V. raised its position in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) by 115.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,961,191 shares of the Wireless communications provider’s stock after purchasing an additional 1,050,203 shares during the period. Robeco Institutional Asset Management B.V. owned 0.06% of América Móvil worth $28,065,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. R Squared Ltd purchased a new stake in América Móvil in the 4th quarter worth about $49,000. Raleigh Capital Management Inc. bought a new stake in América Móvil during the fourth quarter valued at approximately $57,000. CENTRAL TRUST Co grew its position in América Móvil by 3,500.0% in the third quarter. CENTRAL TRUST Co now owns 3,600 shares of the Wireless communications provider’s stock worth $59,000 after acquiring an additional 3,500 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of América Móvil by 195.9% in the 3rd quarter. Blue Trust Inc. now owns 3,507 shares of the Wireless communications provider’s stock worth $60,000 after purchasing an additional 2,322 shares in the last quarter. Finally, Modus Advisors LLC purchased a new stake in América Móvil in the fourth quarter worth approximately $80,000. 6.30% of the stock is owned by hedge funds and other institutional investors.

América Móvil Price Performance

Shares of AMX stock opened at $14.31 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.67 and a current ratio of 0.72. The firm has a market cap of $43.93 billion, a P/E ratio of 21.36, a P/E/G ratio of 0.73 and a beta of 0.93. The business’s 50 day moving average price is $14.41 and its 200-day moving average price is $15.76. 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.

Analyst Ratings Changes

Several analysts have weighed in on the stock. StockNews.com raised shares of América Móvil from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. Scotiabank reduced their price target on América Móvil from $17.80 to $17.30 and set a “sector perform” rating on the stock in a research report on Wednesday, October 16th. JPMorgan Chase & Co. lowered their price objective on América Móvil from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Finally, The Goldman Sachs Group cut their target price on shares of América Móvil from $17.80 to $17.60 and set a “buy” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $18.94.

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.