Bank of Montreal Can Has $10.26 Million Position in America Movil SAB de CV (AMX)

Bank of Montreal Can boosted its position in America Movil SAB de CV (NYSE:AMX) by 14.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 597,936 shares of the Wireless communications provider’s stock after acquiring an additional 77,518 shares during the quarter. Bank of Montreal Can’s holdings in America Movil SAB de CV were worth $10,255,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Quantbot Technologies LP acquired a new stake in America Movil SAB de CV during the third quarter worth approximately $120,000. Well Done LLC acquired a new stake in America Movil SAB de CV during the third quarter worth approximately $181,000. Atria Investments LLC acquired a new stake in America Movil SAB de CV during the fourth quarter worth approximately $185,000. Candriam Luxembourg S.C.A. acquired a new stake in America Movil SAB de CV during the third quarter worth approximately $216,000. Finally, Bayesian Capital Management LP purchased a new position in shares of America Movil SAB de CV during the second quarter worth approximately $217,000. 7.47% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on AMX. Scotiabank set a $20.00 target price on shares of America Movil SAB de CV and gave the stock a “buy” rating in a research report on Wednesday. TheStreet lowered shares of America Movil SAB de CV from a “b-” rating to a “c+” rating in a research report on Thursday, November 9th. ValuEngine upgraded shares of America Movil SAB de CV from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. Barclays reiterated a “buy” rating and issued a $21.00 price objective on shares of America Movil SAB de CV in a research report on Friday, January 19th. Finally, Santander upgraded shares of America Movil SAB de CV from a “hold” rating to a “buy” rating in a research report on Thursday, December 21st. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $18.38.

Shares of America Movil SAB de CV (NYSE:AMX) opened at $18.69 on Thursday. The company has a market cap of $59,640.00, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 0.29 and a beta of 0.53. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.71 and a current ratio of 0.80. America Movil SAB de CV has a 1 year low of $12.40 and a 1 year high of $19.50.

COPYRIGHT VIOLATION NOTICE: This story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another site, it was stolen and republished in violation of U.S. & international copyright legislation. The legal version of this story can be read at https://www.dispatchtribunal.com/2018/02/15/bank-of-montreal-can-boosts-position-in-america-movil-sab-de-cv-amx.html.

About America Movil SAB de CV

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 SAB de CV (NYSE:AMX)

Receive News & Ratings for America Movil SAB de CV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for America Movil SAB de CV and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply