NumerixS Investment Technologies Inc Has $121,000 Stake in America Movil SAB de CV ADR Series L (AMX)

NumerixS Investment Technologies Inc lifted its position in America Movil SAB de CV ADR Series L (NYSE:AMX) by 21.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,500 shares of the Wireless communications provider’s stock after buying an additional 1,500 shares during the period. NumerixS Investment Technologies Inc’s holdings in America Movil SAB de CV ADR Series L were worth $121,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Bruderman Asset Management LLC acquired a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $30,000. Rehmann Capital Advisory Group lifted its stake in shares of America Movil SAB de CV ADR Series L by 437.8% in the 4th quarter. Rehmann Capital Advisory Group now owns 2,490 shares of the Wireless communications provider’s stock valued at $35,000 after purchasing an additional 2,027 shares during the period. Bremer Trust National Association acquired a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $41,000. Ipswich Investment Management Co. Inc. acquired a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $42,000. Finally, Navellier & Associates Inc acquired a new position in shares of America Movil SAB de CV ADR Series L in the 4th quarter valued at $62,000. 7.51% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts recently issued reports on the stock. ValuEngine cut shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a research note on Monday, February 25th. Itau BBA Securities cut shares of America Movil SAB de CV ADR Series L from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 13th. Zacks Investment Research cut shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a research note on Tuesday, February 12th. UBS Group upgraded shares of America Movil SAB de CV ADR Series L from a “sell” rating to a “neutral” rating in a research note on Tuesday, December 4th. Finally, Scotiabank set a $19.00 target price on shares of America Movil SAB de CV ADR Series L and gave the company a “buy” rating in a research note on Wednesday, November 28th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $19.33.

Shares of NYSE AMX opened at $14.34 on Friday. The firm has a market capitalization of $47.57 billion, a P/E ratio of 19.20, a P/E/G ratio of 0.66 and a beta of 0.40. The company has a quick ratio of 0.61, a current ratio of 0.69 and a debt-to-equity ratio of 2.61. America Movil SAB de CV ADR Series L has a one year low of $12.00 and a one year high of $19.91.

America Movil SAB de CV ADR Series L (NYSE:AMX) last issued its quarterly earnings results on Tuesday, February 12th. The Wireless communications provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.07). The company had revenue of $13.23 billion during the quarter, compared to analysts’ expectations of $13.34 billion. America Movil SAB de CV ADR Series L had a return on equity of 22.77% and a net margin of 4.62%. Equities research analysts expect that America Movil SAB de CV ADR Series L will post 1.15 earnings per share for the current year.

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America Movil SAB de CV ADR Series L Profile

América Móvil, SAB. de C.V. provides telecommunications services in Latin America, the United States, the Caribbean, and Europe. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.

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Institutional Ownership by Quarter for America Movil SAB de CV ADR Series L (NYSE:AMX)

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