Strs Ohio continued to hold its position in shares of Amer Movil (NYSE:AMX) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 700,000 shares of the company’s stock at the end of the second quarter. Strs Ohio’s holdings in Amer Movil were worth $8,582,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. IFP Advisors Inc increased its position in shares of Amer Movil by 3.9% in the first quarter. IFP Advisors Inc now owns 7,999 shares of the company’s stock worth $124,000 after buying an additional 303 shares in the last quarter. Fox Run Management L.L.C. bought a new position in shares of Amer Movil during the second quarter worth about $185,000. CIBC World Markets Inc. increased its position in shares of Amer Movil by 15.3% in the second quarter. CIBC World Markets Inc. now owns 15,309 shares of the company’s stock worth $188,000 after buying an additional 2,029 shares in the last quarter. TIAA CREF Trust Co. FSB MO increased its position in shares of Amer Movil by 18.7% in the second quarter. TIAA CREF Trust Co. FSB MO now owns 29,118 shares of the company’s stock worth $357,000 after buying an additional 4,579 shares in the last quarter. Finally, MSI Financial Services Inc increased its position in shares of Amer Movil by 375.8% in the second quarter. MSI Financial Services Inc now owns 34,678 shares of the company’s stock worth $425,000 after buying an additional 27,390 shares in the last quarter. Institutional investors and hedge funds own 6.99% of the company’s stock.
Amer Movil (NYSE:AMX) traded down 0.44% during midday trading on Friday, hitting $11.44. 2,853,477 shares of the company’s stock traded hands. The company has a market capitalization of $37.57 billion, a PE ratio of 30.11 and a beta of 1.04. The company has a 50 day moving average of $11.75 and a 200-day moving average of $12.88. Amer Movil has a 52 week low of $11.02 and a 52 week high of $18.20.
AMX has been the topic of a number of research reports. BTIG Research initiated coverage on shares of Amer Movil in a research note on Wednesday, June 22nd. They issued a “neutral” rating on the stock. Barclays PLC lowered their price objective on shares of Amer Movil from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, July 18th. Finally, Credit Suisse Group AG reissued a “hold” rating and issued a $12.00 price objective on shares of Amer Movil in a research note on Wednesday, September 21st. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.53.
Amer Movil 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.
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