Boston Partners Buys Shares of 36,390 America Movil, S.A.B. de C.V. (AMX)

Boston Partners bought a new stake in shares of America Movil, S.A.B. de C.V. (NYSE:AMX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,390 shares of the Wireless communications provider’s stock, valued at approximately $646,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMX. Blair William & Co. IL purchased a new position in America Movil, S.A.B. de C.V. during the 2nd quarter valued at $167,000. Well Done LLC purchased a new position in America Movil, S.A.B. de C.V. during the 3rd quarter valued at $181,000. Girard Partners LTD. purchased a new position in America Movil, S.A.B. de C.V. during the 2nd quarter valued at $185,000. Bayesian Capital Management LP purchased a new position in America Movil, S.A.B. de C.V. during the 2nd quarter valued at $217,000. Finally, Ronald Blue & Co. LLC boosted its holdings in America Movil, S.A.B. de C.V. by 1.0% during the 2nd quarter. Ronald Blue & Co. LLC now owns 13,673 shares of the Wireless communications provider’s stock valued at $218,000 after acquiring an additional 134 shares during the period. 7.62% of the stock is currently owned by hedge funds and other institutional investors.

Shares of America Movil, S.A.B. de C.V. (NYSE AMX) opened at $17.04 on Tuesday. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.67 and a current ratio of 0.75. The firm has a market capitalization of $56,980.00, a price-to-earnings ratio of 24.64, a P/E/G ratio of 0.21 and a beta of 0.54. America Movil, S.A.B. de C.V. has a 12 month low of $11.32 and a 12 month high of $19.50.

The business also recently disclosed a semiannual dividend, which was paid on Monday, November 20th. Investors of record on Friday, October 27th were paid a dividend of $0.1599 per share. This represents a dividend yield of 1.75%. The ex-dividend date was Thursday, October 26th. America Movil, S.A.B. de C.V.’s dividend payout ratio (DPR) is currently 30.36%.

A number of research firms recently issued reports on AMX. TheStreet cut America Movil, S.A.B. de C.V. from a “b-” rating to a “c+” rating in a report on Thursday, November 9th. UBS AG cut America Movil, S.A.B. de C.V. from a “market perform” rating to an “underperform” rating in a report on Wednesday, August 23rd. Deutsche Bank AG upgraded America Movil, S.A.B. de C.V. from a “hold” rating to a “buy” rating and boosted their price objective for the company from $20.00 to $21.00 in a report on Monday, October 16th. Morgan Stanley upgraded America Movil, S.A.B. de C.V. from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $16.00 to $21.00 in a report on Thursday, August 10th. Finally, Barclays PLC restated an “overweight” rating and set a $20.00 price objective (up previously from $18.00) on shares of America Movil, S.A.B. de C.V. in a report on Monday, August 21st. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. America Movil, S.A.B. de C.V. presently has a consensus rating of “Hold” and an average price target of $16.78.

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America Movil, S.A.B. de C.V. Company Profile

America Movil, SAB. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

Institutional Ownership by Quarter for America Movil, S.A.B. de C.V. (NYSE:AMX)

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