Hantz Financial Services Inc. Grows Stake in América Móvil, S.A.B. de C.V. (NYSE:AMX)

Hantz Financial Services Inc. boosted its position in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX) by 3.0% in the third quarter, Holdings Channel reports. The fund owned 73,650 shares of the Wireless communications provider’s stock after purchasing an additional 2,177 shares during the quarter. Hantz Financial Services Inc.’s holdings in América Móvil were worth $1,205,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in shares of América Móvil during the 2nd quarter valued at about $59,000. Blue Trust Inc. increased its holdings in América Móvil by 195.9% during the third quarter. Blue Trust Inc. now owns 3,507 shares of the Wireless communications provider’s stock valued at $60,000 after buying an additional 2,322 shares during the last quarter. CENTRAL TRUST Co raised its position in América Móvil by 3,500.0% in the third quarter. CENTRAL TRUST Co now owns 3,600 shares of the Wireless communications provider’s stock worth $59,000 after acquiring an additional 3,500 shares during the period. Allworth Financial LP boosted its stake in shares of 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 acquiring an additional 1,567 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of América Móvil by 5.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,839 shares of the Wireless communications provider’s stock valued at $178,000 after acquiring an additional 608 shares during the period. Institutional investors own 6.30% of the company’s stock.

América Móvil Trading Up 0.8 %

Shares of AMX stock opened at $14.83 on Monday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.67 and a current ratio of 0.72. The stock has a fifty day simple moving average of $15.89 and a two-hundred day simple moving average of $16.82. The firm has a market capitalization of $45.53 billion, a PE ratio of 22.13, a PEG ratio of 1.07 and a beta of 0.95. América Móvil, S.A.B. de C.V. has a 52-week low of $14.59 and a 52-week high of $20.31.

América Móvil (NYSE:AMX) last released its earnings results on Tuesday, October 15th. The Wireless communications provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.30). The business had revenue of $11.82 billion for the quarter, compared to analysts’ expectations of $11.97 billion. América Móvil had a return on equity of 8.61% and a net margin of 4.45%. On average, analysts predict that América Móvil, S.A.B. de C.V. will post 1.17 EPS for the current fiscal year.

América Móvil Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were given a dividend of $0.245 per share. The ex-dividend date was Friday, November 8th. This represents a dividend yield of 2%. This is a boost from América Móvil’s previous semi-annual dividend of $0.18. América Móvil’s dividend payout ratio (DPR) is presently 35.82%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. StockNews.com started coverage on América Móvil in a research report on Friday, November 22nd. They set a “buy” rating on the stock. Scotiabank decreased their price objective on América Móvil from $17.80 to $17.30 and set a “sector perform” rating on the stock in a research note on Wednesday, October 16th. Finally, The Goldman Sachs Group cut their price objective on América Móvil from $20.80 to $17.80 and set a “buy” rating for the company in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.48.

América Móvil Profile

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.