22,545 Shares in America Movil, S.A.B. de C.V. Unsponsored ADR $AMX Purchased by Leuthold Group LLC

Leuthold Group LLC bought a new position in America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 22,545 shares of the Wireless communications provider’s stock, valued at approximately $466,000.

Several other large investors have also recently modified their holdings of the business. American Century Companies Inc. increased its holdings in shares of America Movil by 79.4% in the 3rd quarter. American Century Companies Inc. now owns 2,445,349 shares of the Wireless communications provider’s stock valued at $51,352,000 after acquiring an additional 1,082,493 shares during the period. TrueMark Investments LLC acquired a new position in shares of America Movil in the 3rd quarter valued at $2,350,000. Citigroup Inc. increased its holdings in shares of America Movil by 21.3% in the 3rd quarter. Citigroup Inc. now owns 348,781 shares of the Wireless communications provider’s stock valued at $7,324,000 after acquiring an additional 61,234 shares during the period. Bailard Inc. acquired a new position in shares of America Movil in the 3rd quarter valued at $1,050,000. Finally, Nan Fung Trinity HK Ltd. increased its holdings in shares of America Movil by 352.2% in the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 1,433,900 shares of the Wireless communications provider’s stock valued at $30,112,000 after acquiring an additional 1,116,800 shares during the period. Hedge funds and other institutional investors own 6.30% of the company’s stock.

America Movil Stock Performance

Shares of AMX opened at $26.63 on Monday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.67 and a current ratio of 0.72. The stock has a market capitalization of $80.14 billion, a P/E ratio of 16.96, a P/E/G ratio of 0.95 and a beta of 0.69. The company’s fifty day moving average is $25.53 and its two-hundred day moving average is $23.34. America Movil, S.A.B. de C.V. Unsponsored ADR has a 1 year low of $16.60 and a 1 year high of $27.80.

America Movil (NYSE:AMX) last announced its quarterly earnings data on Tuesday, March 31st. The Wireless communications provider reported $0.02 earnings per share (EPS) for the quarter. America Movil had a net margin of 9.23% and a return on equity of 19.77%. The company had revenue of $13.24 billion for the quarter. On average, sell-side analysts predict that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.85 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. New Street Research raised shares of America Movil from a “neutral” rating to a “buy” rating in a report on Tuesday, April 7th. Wall Street Zen cut shares of America Movil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 18th. Weiss Ratings cut shares of America Movil from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. UBS Group boosted their price objective on shares of America Movil to $31.50 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of America Movil from $24.50 to $30.00 and gave the company a “neutral” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, America Movil presently has a consensus rating of “Hold” and a consensus price target of $27.18.

America Movil Profile

América Móvil is a Mexican telecommunications company headquartered in Mexico City that provides a broad range of communications services. Established in the early 2000s out of the expansion of the Slim family’s telecommunications holdings, the company is a major provider of mobile and fixed-line telephony, broadband internet and pay-television services in the region. Its operations span retail consumer services as well as wholesale and enterprise solutions, positioning it as an integrated communications provider across multiple customer segments.

The company markets services under several regional brands—most notably Telcel in Mexico and Claro across many Latin American markets—and offers both prepaid and postpaid mobile plans, fixed and mobile broadband, fiber-to-the-home where available, and video/broadcast distribution services.