America Movil
About: America Movil is the largest telecom carrier in Latin America, serving about 290 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 60% stake in Telekom Austria.
Employees: 176,083
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.01% less ownership
Funds ownership: 0.31% [Q2] → 0.3% (-0.01%) [Q3]
3% less capital invested
Capital invested by funds: $3.15B [Q2] → $3.07B (-$84.2M) [Q3]
4% less funds holding
Funds holding: 288 [Q2] → 277 (-11) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
27% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 41
34% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 103
84% less call options, than puts
Call options by funds: $919K | Put options by funds: $5.64M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Goldman Sachs Vitor Tomita 0% 1-year accuracy 0 / 7 met price target | 25%upside $17.80 | Buy Maintained | 15 Nov 2024 |
Scotiabank Andres Coello 38% 1-year accuracy 5 / 13 met price target | 21%upside $17.30 | Sector Perform Maintained | 16 Oct 2024 |
Financial journalist opinion
