Sanctuary Advisors LLC Has $391,000 Holdings in América Móvil, S.A.B. de C.V. (NYSE:AMX)

Sanctuary Advisors LLC cut its holdings in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) by 52.4% in the fourth quarter, HoldingsChannel reports. The fund owned 27,330 shares of the Wireless communications provider’s stock after selling 30,128 shares during the quarter. Sanctuary Advisors LLC’s holdings in América Móvil were worth $391,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AMX. Mirae Asset Global Investments Co. Ltd. boosted its position in América Móvil by 5.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,839 shares of the Wireless communications provider’s stock worth $178,000 after acquiring an additional 608 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in shares of América Móvil by 19.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 910,988 shares of the Wireless communications provider’s stock worth $14,904,000 after purchasing an additional 151,114 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of América Móvil by 7.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 145,462 shares of the Wireless communications provider’s stock worth $2,380,000 after purchasing an additional 10,150 shares in the last quarter. Aigen Investment Management LP purchased a new stake in shares of América Móvil during the 3rd quarter worth about $427,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of América Móvil by 26.4% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 21,124 shares of the Wireless communications provider’s stock worth $346,000 after purchasing an additional 4,417 shares in the last quarter. 6.30% of the stock is currently owned by institutional investors and hedge funds.

América Móvil Stock Down 0.8 %

Shares of AMX stock opened at $14.11 on Tuesday. The stock’s 50 day simple moving average is $14.32 and its 200 day simple moving average is $15.35. 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 twelve month low of $13.63 and a twelve month high of $20.31. The company has a market capitalization of $43.32 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 0.77 and a beta of 0.93.

América Móvil (NYSE:AMX) last issued its quarterly earnings data 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 net margin of 3.25% and a return on equity of 6.38%. As a group, research analysts predict that América Móvil, S.A.B. de C.V. will post 1.51 EPS for the current year.

Analyst Upgrades and Downgrades

AMX has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their price target on América Móvil from $17.00 to $15.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Scotiabank cut their price target on América Móvil from $17.30 to $13.70 and set a “sector perform” rating for the company in a research note on Thursday, February 13th. StockNews.com downgraded América Móvil from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 26th. Finally, The Goldman Sachs Group cut their price target on América Móvil from $17.60 to $17.30 and set a “buy” rating for the company in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $17.15.

América Móvil Company 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.