Bartlett & Co. LLC Holds Stake in Amer Movil (AMX)
Bartlett & Co. LLC held its stake in Amer Movil (NYSE:AMX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,400 shares of the company’s stock at the end of the second quarter. Bartlett & Co. LLC’s holdings in Amer Movil were worth $128,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the stock. USS Investment Management Ltd boosted its stake in Amer Movil by 1,411.6% in the first quarter. USS Investment Management Ltd now owns 24,759,680 shares of the company’s stock worth $19,308,000 after buying an additional 23,121,696 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Amer Movil by 69.4% in the second quarter. Fisher Asset Management LLC now owns 11,405,935 shares of the company’s stock worth $140,179,000 after buying an additional 4,673,804 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Amer Movil by 37.8% in the first quarter. Renaissance Technologies LLC now owns 5,533,200 shares of the company’s stock worth $85,931,000 after buying an additional 1,518,100 shares in the last quarter. Lazard Asset Management LLC boosted its stake in Amer Movil by 9.7% in the first quarter. Lazard Asset Management LLC now owns 14,132,996 shares of the company’s stock worth $219,484,000 after buying an additional 1,249,699 shares in the last quarter. Finally, Norges Bank acquired a new stake in Amer Movil during the fourth quarter worth $11,064,000. Institutional investors own 6.99% of the company’s stock.
Shares of Amer Movil (NYSE:AMX) traded down 0.44% during midday trading on Friday, hitting $11.44. The stock had a trading volume of 2,853,477 shares. The firm has a 50 day moving average of $11.75 and a 200-day moving average of $12.88. The company has a market cap of $37.57 billion, a P/E ratio of 30.11 and a beta of 1.04. Amer Movil has a one year low of $11.02 and a one year high of $18.20.
AMX has been the topic of a number of research analyst reports. BTIG Research initiated coverage on Amer Movil in a research report on Wednesday, June 22nd. They set a “neutral” rating on the stock. Credit Suisse Group AG reiterated a “hold” rating and set a $12.00 target price on shares of Amer Movil in a research report on Wednesday, September 21st. Finally, Barclays PLC cut their target price on Amer Movil from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Monday, July 18th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company has an average 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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