XTX Topco Ltd Purchases Shares of 94,336 America Movil, S.A.B. de C.V. Unsponsored ADR $AMX

XTX Topco Ltd acquired a new position in shares of America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 94,336 shares of the Wireless communications provider’s stock, valued at approximately $1,692,000.

A number of other hedge funds have also modified their holdings of the stock. Brighton Jones LLC purchased a new stake in shares of America Movil during the fourth quarter valued at $154,000. Cetera Investment Advisers raised its holdings in America Movil by 11.9% during the 1st quarter. Cetera Investment Advisers now owns 74,233 shares of the Wireless communications provider’s stock worth $1,056,000 after buying an additional 7,911 shares during the period. Assetmark Inc. lifted its stake in America Movil by 5.3% during the first quarter. Assetmark Inc. now owns 141,860 shares of the Wireless communications provider’s stock valued at $2,017,000 after buying an additional 7,082 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of America Movil by 10.2% in the first quarter. LPL Financial LLC now owns 120,915 shares of the Wireless communications provider’s stock worth $1,719,000 after buying an additional 11,220 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new position in shares of America Movil in the first quarter worth approximately $644,000. 6.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on AMX shares. JPMorgan Chase & Co. upped their price target on shares of America Movil from $21.00 to $23.50 and gave the company a “neutral” rating in a research report on Monday, October 20th. The Goldman Sachs Group set a $24.30 target price on America Movil and gave the company a “buy” rating in a report on Wednesday, October 22nd. UBS Group raised their target price on America Movil from $21.10 to $23.60 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Zacks Research raised America Movil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Scotiabank increased their price objective on America Movil from $17.10 to $19.50 and gave the stock a “sector perform” rating in a research note on Thursday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, America Movil currently has an average rating of “Moderate Buy” and a consensus price target of $21.73.

America Movil Trading Down 1.1%

NYSE AMX opened at $22.89 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 1.02. America Movil, S.A.B. de C.V. Unsponsored ADR has a 1-year low of $13.10 and a 1-year high of $23.68. The firm’s fifty day simple moving average is $22.16 and its 200-day simple moving average is $19.59. The company has a market capitalization of $69.01 billion, a PE ratio of 18.61 and a beta of 0.88.

America Movil (NYSE:AMX) last issued its earnings results on Wednesday, October 15th. The Wireless communications provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. America Movil had a return on equity of 16.59% and a net margin of 7.87%.The firm had revenue of $12.71 billion for the quarter, compared to the consensus estimate of $235.15 billion. As a group, sell-side analysts anticipate that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.51 earnings per share for the current fiscal year.

America Movil Dividend Announcement

The company also recently declared a special dividend, which was paid on Monday, November 17th. Investors of record on Friday, November 7th were paid a $0.2811 dividend. The ex-dividend date of this dividend was Friday, November 7th. America Movil’s payout ratio is presently 44.72%.

America Movil 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.