Natixis Advisors LLC Has $1.26 Million Stock Holdings in América Móvil, S.A.B. de C.V. (NYSE:AMX)

Natixis Advisors LLC lowered its stake in América Móvil, S.A.B. de C.V. (NYSE:AMX) by 32.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 87,742 shares of the Wireless communications provider’s stock after selling 42,759 shares during the period. Natixis Advisors LLC’s holdings in América Móvil were worth $1,256,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Robeco Institutional Asset Management B.V. raised its stake in shares of América Móvil by 115.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,961,191 shares of the Wireless communications provider’s stock worth $28,065,000 after purchasing an additional 1,050,203 shares in the last quarter. ABC Arbitrage SA bought a new stake in América Móvil during the fourth quarter worth $14,238,000. Rockefeller Capital Management L.P. lifted its stake in América Móvil by 8.7% in the third quarter. Rockefeller Capital Management L.P. now owns 559,236 shares of the Wireless communications provider’s stock valued at $9,151,000 after acquiring an additional 44,631 shares during the last quarter. ABS Direct Equity Fund LLC grew its position in shares of América Móvil by 21.4% in the 3rd quarter. ABS Direct Equity Fund LLC now owns 413,922 shares of the Wireless communications provider’s stock valued at $6,772,000 after acquiring an additional 73,022 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of América Móvil by 23.4% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 261,054 shares of the Wireless communications provider’s stock worth $3,736,000 after purchasing an additional 49,471 shares during the last quarter. Institutional investors own 6.30% of the company’s stock.

América Móvil Stock Performance

NYSE:AMX opened at $14.28 on Wednesday. The stock has a 50 day simple moving average of $14.38 and a 200 day simple moving average of $15.08. The stock has a market cap of $43.55 billion, a P/E ratio of 29.14, a PEG ratio of 0.77 and a beta of 0.95. América Móvil, S.A.B. de C.V. has a 1-year low of $13.63 and a 1-year high of $20.31. The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.90.

América Móvil (NYSE:AMX) last posted its earnings results 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 return on equity of 6.38% and a net margin of 3.25%. Research analysts anticipate that América Móvil, S.A.B. de C.V. will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. reduced their price target on América Móvil from $17.00 to $15.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. The Goldman Sachs Group decreased their target price on América Móvil from $17.60 to $17.30 and set a “buy” rating on the stock in a report on Wednesday, February 19th. Scotiabank reduced their price objective on shares of América Móvil from $17.30 to $13.70 and set a “sector perform” rating for the company in a research report on Thursday, February 13th. Finally, StockNews.com upgraded shares of América Móvil from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.15.

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.