Truist Financial Corp cut its stake in shares of América Móvil, S.A.B. de C.V. (NYSE:AMX – Get Rating) by 17.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,273 shares of the Wireless communications provider’s stock after selling 5,676 shares during the period. Truist Financial Corp’s holdings in América Móvil were worth $449,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. UBS Asset Management Americas Inc. purchased a new stake in shares of América Móvil during the 2nd quarter valued at $28,000. Rosenberg Matthew Hamilton grew its stake in shares of América Móvil by 95.2% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,745 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 851 shares during the period. Godsey & Gibb Associates purchased a new stake in shares of América Móvil during the 2nd quarter valued at $31,000. Ronald Blue Trust Inc. purchased a new stake in shares of América Móvil during the 3rd quarter valued at $31,000. Finally, Total Clarity Wealth Management Inc. acquired a new position in shares of América Móvil during the 2nd quarter valued at $45,000. 5.55% of the stock is owned by hedge funds and other institutional investors.
América Móvil Stock Performance
Shares of AMX stock opened at $21.04 on Tuesday. América Móvil, S.A.B. de C.V. has a 12 month low of $16.13 and a 12 month high of $22.65. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.69 and a quick ratio of 0.63. The firm has a market capitalization of $66.91 billion, a P/E ratio of 7.08, a P/E/G ratio of 1.79 and a beta of 0.86. The company’s fifty day moving average price is $19.29 and its two-hundred day moving average price is $18.52.
Analyst Ratings Changes
América Móvil Company Profile
América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including local, domestic, and international long-distance services; and network interconnection services. It also 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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