Guardian Capital LP lowered its position in Cemex S.A.B. de C.V. (NYSE:CX) by 43.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,000 shares of the company’s stock after selling 114,318 shares during the period. Guardian Capital LP’s holdings in Cemex S.A.B. de C.V. were worth $1,172,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Frontier Wealth Management LLC purchased a new position in Cemex S.A.B. de C.V. during the fourth quarter worth about $111,000. First Allied Advisory Services Inc. purchased a new position in Cemex S.A.B. de C.V. during the fourth quarter worth about $131,000. GRATRY & Co LLC increased its position in Cemex S.A.B. de C.V. by 89.8% in the second quarter. GRATRY & Co LLC now owns 22,478 shares of the company’s stock worth $139,000 after buying an additional 10,633 shares during the last quarter. Sheaff Brock Investment Advisors LLC increased its position in Cemex S.A.B. de C.V. by 4.9% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 23,764 shares of the company’s stock worth $147,000 after buying an additional 1,113 shares during the last quarter. Finally, Bluefin Trading LLC increased its position in Cemex S.A.B. de C.V. by 36.1% in the second quarter. Bluefin Trading LLC now owns 23,870 shares of the company’s stock worth $147,000 after buying an additional 6,331 shares during the last quarter. 36.68% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Cemex S.A.B. de C.V. (NYSE:CX)

Cemex S.A.B. de C.V. (NYSE:CX) traded down 2.57% on Thursday, reaching $8.72. The company’s stock had a trading volume of 8,407,378 shares. Cemex S.A.B. de C.V. has a 52-week low of $4.74 and a 52-week high of $9.51. The company has a market cap of $122.44 billion, a P/E ratio of 181.67 and a beta of 1.82. The firm’s 50-day moving average price is $8.63 and its 200 day moving average price is $8.30.

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A number of research analysts recently issued reports on the company. HSBC Holdings plc upgraded Cemex S.A.B. de C.V. from a “hold” rating to a “buy” rating in a report on Tuesday, January 31st. Barclays PLC increased their price objective on Cemex S.A.B. de C.V. from $10.00 to $11.00 and gave the stock a “top pick” rating in a report on Wednesday, January 25th. Vetr upgraded Cemex S.A.B. de C.V. from a “buy” rating to a “strong-buy” rating and set a $11.64 price objective for the company in a report on Monday, January 23rd. Zacks Investment Research downgraded Cemex S.A.B. de C.V. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 11th. Finally, Bank of America Corporation downgraded Cemex S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a report on Wednesday, November 9th. Eight analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $9.18.

Cemex S.A.B. de C.V. Company Profile

CEMEX, SAB. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world.

5 Day Chart for NYSE:CX

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