Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Shares Acquired by Claro Advisors LLC

Claro Advisors LLC increased its position in shares of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) by 17.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,149 shares of the company’s stock after acquiring an additional 318 shares during the period. Claro Advisors LLC’s holdings in Fomento Económico Mexicano were worth $280,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of FMX. Headlands Technologies LLC lifted its stake in Fomento Económico Mexicano by 448.6% during the fourth quarter. Headlands Technologies LLC now owns 203 shares of the company’s stock valued at $26,000 after purchasing an additional 166 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Fomento Económico Mexicano during the 1st quarter valued at $34,000. Van ECK Associates Corp boosted its stake in shares of Fomento Económico Mexicano by 48.6% during the 4th quarter. Van ECK Associates Corp now owns 318 shares of the company’s stock worth $41,000 after acquiring an additional 104 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Fomento Económico Mexicano by 22.1% in the 4th quarter. Parallel Advisors LLC now owns 741 shares of the company’s stock worth $97,000 after acquiring an additional 134 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Fomento Económico Mexicano by 6.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,174 shares of the company’s stock worth $153,000 after purchasing an additional 72 shares during the period.

Fomento Económico Mexicano Trading Up 0.7 %

NYSE:FMX opened at $108.41 on Tuesday. The stock has a fifty day simple moving average of $114.40 and a 200 day simple moving average of $124.33. Fomento Económico Mexicano, S.A.B. de C.V. has a 1-year low of $99.24 and a 1-year high of $143.43. The company has a current ratio of 1.95, a quick ratio of 1.63 and a debt-to-equity ratio of 0.34.

Fomento Económico Mexicano (NYSE:FMX) last announced its earnings results on Friday, April 26th. The company reported $0.47 EPS for the quarter. The company had revenue of $10.76 billion during the quarter. Fomento Económico Mexicano had a net margin of 2.91% and a return on equity of 8.20%. Equities analysts predict that Fomento Económico Mexicano, S.A.B. de C.V. will post 5.39 earnings per share for the current fiscal year.

Fomento Económico Mexicano Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, April 29th. Shareholders of record on Wednesday, April 17th were given a dividend of $1.115 per share. This represents a yield of 0.87%. This is a boost from Fomento Económico Mexicano’s previous annual dividend of $0.74. The ex-dividend date of this dividend was Tuesday, April 16th. Fomento Económico Mexicano’s payout ratio is presently 16.80%.

Fomento Económico Mexicano Profile

Fomento Económico Mexicano, SAB. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.