Hantz Financial Services Inc. Sells 1,170 Shares of América Móvil, S.A.B. de C.V. (NYSE:AMX)

Hantz Financial Services Inc. cut its holdings in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 72,480 shares of the Wireless communications provider’s stock after selling 1,170 shares during the period. Hantz Financial Services Inc.’s holdings in América Móvil were worth $1,037,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of América Móvil by 5.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,839 shares of the Wireless communications provider’s stock worth $178,000 after purchasing an additional 608 shares during the period. Allworth Financial LP raised its holdings in América Móvil by 46.1% during the 3rd quarter. Allworth Financial LP now owns 4,964 shares of the Wireless communications provider’s stock worth $81,000 after buying an additional 1,567 shares during the period. Gateway Investment Advisers LLC lifted its stake in América Móvil by 17.3% in the fourth quarter. Gateway Investment Advisers LLC now owns 12,835 shares of the Wireless communications provider’s stock valued at $184,000 after buying an additional 1,893 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of América Móvil by 57.8% in the fourth quarter. Blue Trust Inc. now owns 5,535 shares of the Wireless communications provider’s stock valued at $79,000 after buying an additional 2,028 shares during the period. Finally, Crossmark Global Holdings Inc. increased its position in shares of América Móvil by 1.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 148,194 shares of the Wireless communications provider’s stock worth $2,120,000 after acquiring an additional 2,732 shares in the last quarter. 6.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on AMX shares. Scotiabank cut their price objective on shares of América Móvil from $17.80 to $17.30 and set a “sector perform” rating on the stock in a research report on Wednesday, October 16th. StockNews.com raised América Móvil from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. The Goldman Sachs Group decreased their price objective on América Móvil from $17.80 to $17.60 and set a “buy” rating for the company in a report on Tuesday. Finally, JPMorgan Chase & Co. reduced their price target on América Móvil from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.94.

América Móvil Price Performance

Shares of NYSE AMX opened at $14.00 on Friday. América Móvil, S.A.B. de C.V. has a fifty-two week low of $13.63 and a fifty-two week high of $20.31. The stock has a market capitalization of $42.98 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 0.73 and a beta of 0.93. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.67. The business has a 50-day moving average of $14.40 and a 200-day moving average of $15.75.

About América Móvil

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.