Shares of America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $16.62.

A number of equities research analysts have recently commented on AMX shares. Hsbc Global Res raised America Movil from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. UBS Group set a $19.60 price target on America Movil in a research report on Wednesday, May 21st. Wall Street Zen downgraded America Movil from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Finally, HSBC raised America Movil from a "hold" rating to a "buy" rating and boosted their price target for the company from $15.50 to $17.50 in a research report on Monday, April 14th.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. Transce3nd LLC acquired a new position in shares of America Movil during the fourth quarter worth about $26,000. Lee Danner & Bass Inc. acquired a new position in shares of America Movil in the fourth quarter worth about $29,000. Parvin Asset Management LLC acquired a new position in shares of America Movil in the fourth quarter worth about $39,000. Garde Capital Inc. acquired a new position in shares of America Movil in the first quarter worth about $40,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of America Movil by 82.5% in the fourth quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider's stock worth $45,000 after acquiring an additional 1,414 shares in the last quarter. Institutional investors and hedge funds own 6.30% of the company's stock.

Shares of AMX stock opened at $17.50 on Friday. The stock has a fifty day moving average price of $17.16 and a 200 day moving average price of $15.34. The stock has a market cap of $53.12 billion, a PE ratio of 32.41, a P/E/G ratio of 1.11 and a beta of 0.78. America Movil has a 1 year low of $13.10 and a 1 year high of $18.73. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.71.

America Movil (NYSE:AMX - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The Wireless communications provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $11.36 billion for the quarter, compared to analysts' expectations of $11.28 billion. America Movil had a return on equity of 7.19% and a net margin of 3.55%. Sell-side analysts forecast that America Movil will post 1.51 earnings per share for the current fiscal year.

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, July 21st. Shareholders of record on Friday, July 11th will be paid a dividend of $0.2732 per share. This represents a dividend yield of 3%. The ex-dividend date is Friday, July 11th. This is a boost from America Movil's previous semi-annual dividend of $0.24. America Movil's payout ratio is currently 44.44%.

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América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.

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