Aberdeen Asset Management PLC UK Sells 25,000 Shares of America Movil, S.A.B. de C.V. (AMX)

Aberdeen Asset Management PLC UK decreased its position in America Movil, S.A.B. de C.V. (NYSE:AMX) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 730,200 shares of the company’s stock after selling 25,000 shares during the period. Aberdeen Asset Management PLC UK’s holdings in America Movil, S.A.B. de C.V. were worth $9,179,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AMX. Johnson Investment Counsel Inc. increased its position in shares of America Movil, S.A.B. de C.V. by 0.9% in the third quarter. Johnson Investment Counsel Inc. now owns 12,610 shares of the company’s stock worth $144,000 after buying an additional 110 shares during the period. Concert Wealth Management Inc. increased its position in shares of America Movil, S.A.B. de C.V. by 0.8% in the second quarter. Concert Wealth Management Inc. now owns 108,364 shares of the company’s stock worth $1,329,000 after buying an additional 838 shares during the period. BlackRock Inc. increased its position in shares of America Movil, S.A.B. de C.V. by 4.6% in the third quarter. BlackRock Inc. now owns 46,077 shares of the company’s stock worth $527,000 after buying an additional 2,045 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of America Movil, S.A.B. de C.V. by 1.8% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 122,360 shares of the company’s stock worth $1,400,000 after buying an additional 2,160 shares during the period. Finally, Point View Wealth Management Inc. increased its position in shares of America Movil, S.A.B. de C.V. by 5.1% in the third quarter. Point View Wealth Management Inc. now owns 68,452 shares of the company’s stock worth $783,000 after buying an additional 3,306 shares during the period. Institutional investors own 7.87% of the company’s stock.

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

Shares of America Movil, S.A.B. de C.V. (NYSE:AMX) traded down 1.15% during midday trading on Monday, reaching $12.91. The company’s stock had a trading volume of 2,198,419 shares. The stock has a market cap of $42.27 billion, a price-to-earnings ratio of 107.58 and a beta of 0.70. The stock has a 50-day moving average price of $12.63 and a 200-day moving average price of $12.10. America Movil, S.A.B. de C.V. has a 52-week low of $11.02 and a 52-week high of $15.95.

This report was posted by sleekmoney and is owned by of sleekmoney. If you are accessing this report on another domain, it was stolen and republished in violation of international trademark and copyright laws. The correct version of this report can be read at http://sleekmoney.com/aberdeen-asset-management-plc-uk-sells-25000-shares-of-america-movil-s-a-b-de-c-v-amx/1658547.html.

A number of brokerages have recently issued reports on AMX. Credit Suisse Group set a $13.00 price objective on America Movil, S.A.B. de C.V. and gave the stock a “hold” rating in a research report on Saturday, February 4th. Deutsche Bank AG assumed coverage on America Movil, S.A.B. de C.V. in a report on Thursday, January 12th. They issued a “sell” rating and a $10.00 target price for the company. Zacks Investment Research upgraded America Movil, S.A.B. de C.V. from a “sell” rating to a “hold” rating in a report on Tuesday, November 22nd. Vetr downgraded America Movil, S.A.B. de C.V. from a “hold” rating to a “strong sell” rating and set a $11.56 target price for the company. in a report on Monday, January 23rd. Finally, Barclays PLC reiterated a “hold” rating and issued a $14.00 target price on shares of America Movil, S.A.B. de C.V. in a report on Thursday, January 12th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $12.76.

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.

5 Day Chart for NYSE:AMX

Want to see what other hedge funds are holding AMX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for America Movil, S.A.B. de C.V. (NYSE:AMX).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/aberdeen-asset-management-plc-uk-sells-25000-shares-of-america-movil-s-a-b-de-c-v-amx/1658547.html

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

 

Leave a Reply

Your email address will not be published. Required fields are marked *