Henry James International Management Inc. Takes $1.16 Million Position in America Movil SAB de CV ADR Series L (AMX)

Henry James International Management Inc. purchased a new position in shares of America Movil SAB de CV ADR Series L (NYSE:AMX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 71,971 shares of the Wireless communications provider’s stock, valued at approximately $1,156,000.

Other large investors also recently bought and sold shares of the company. Signature Financial Management Inc. purchased a new position in America Movil SAB de CV ADR Series L during the second quarter worth approximately $167,000. Flow Traders U.S. LLC purchased a new position in America Movil SAB de CV ADR Series L during the third quarter worth approximately $170,000. Virtu Financial LLC purchased a new position in America Movil SAB de CV ADR Series L during the third quarter worth approximately $171,000. Jefferies Group LLC purchased a new position in America Movil SAB de CV ADR Series L during the third quarter worth approximately $354,000. Finally, Engineers Gate Manager LP purchased a new position in America Movil SAB de CV ADR Series L during the second quarter worth approximately $407,000. 7.62% of the stock is currently owned by institutional investors.

A number of equities analysts have weighed in on AMX shares. UBS Group raised shares of America Movil SAB de CV ADR Series L from an “underperform” rating to a “neutral” rating in a research note on Monday, November 26th. Bradesco Corretora raised shares of America Movil SAB de CV ADR Series L to a “neutral” rating in a research note on Monday, November 26th. Zacks Investment Research downgraded shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “strong sell” rating in a research note on Friday, October 5th. Scotiabank set a $19.00 price target on shares of America Movil SAB de CV ADR Series L and gave the stock a “buy” rating in a research note on Wednesday, November 28th. Finally, ValuEngine raised shares of America Movil SAB de CV ADR Series L from a “sell” rating to a “hold” rating in a research report on Tuesday, October 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $19.75.

America Movil SAB de CV ADR Series L stock opened at $14.20 on Friday. America Movil SAB de CV ADR Series L has a 52-week low of $12.00 and a 52-week high of $19.91. The firm has a market capitalization of $46.91 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 0.97 and a beta of 0.50. The company has a quick ratio of 0.68, a current ratio of 0.78 and a debt-to-equity ratio of 2.94.

America Movil SAB de CV ADR Series L (NYSE:AMX) last released its quarterly earnings data on Tuesday, October 16th. The Wireless communications provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.03). America Movil SAB de CV ADR Series L had a return on equity of 12.80% and a net margin of 2.57%. The business had revenue of $13.15 billion during the quarter, compared to analyst estimates of $12.94 billion. Research analysts anticipate that America Movil SAB de CV ADR Series L will post 0.77 EPS for the current fiscal year.

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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 data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.

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

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