Virtu Financial LLC lowered its stake in shares of Cemex SAB de CV (NYSE:CX) by 40.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 106,562 shares of the construction company’s stock after selling 71,808 shares during the period. Virtu Financial LLC’s holdings in Cemex SAB de CV were worth $494,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CX. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Cemex SAB de CV by 100.0% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 10,000 shares of the construction company’s stock valued at $48,000 after acquiring an additional 5,000 shares during the period. Nuveen Asset Management LLC bought a new position in Cemex SAB de CV during the 4th quarter valued at about $50,000. Personal Resources Investment & Strategic Management Inc. bought a new position in Cemex SAB de CV during the 4th quarter valued at about $57,000. Paloma Partners Management Co bought a new position in Cemex SAB de CV during the 4th quarter valued at about $57,000. Finally, Fox Run Management L.L.C. bought a new position in Cemex SAB de CV during the 4th quarter valued at about $58,000. Institutional investors and hedge funds own 33.40% of the company’s stock.

Shares of NYSE:CX opened at $4.88 on Friday. Cemex SAB de CV has a twelve month low of $4.47 and a twelve month high of $7.60. The company has a current ratio of 0.75, a quick ratio of 0.51 and a debt-to-equity ratio of 0.83.

Cemex SAB de CV (NYSE:CX) last issued its quarterly earnings data on Thursday, February 7th. The construction company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.12). Cemex SAB de CV had a return on equity of 4.86% and a net margin of 3.84%. The business had revenue of $3.45 billion during the quarter. As a group, sell-side analysts predict that Cemex SAB de CV will post 0.47 earnings per share for the current year.

Several equities analysts have issued reports on CX shares. Barclays set a $7.00 target price on shares of Cemex SAB de CV and gave the company a “buy” rating in a research note on Wednesday, January 23rd. Zacks Investment Research upgraded shares of Cemex SAB de CV from a “sell” rating to a “hold” rating in a research note on Wednesday, February 6th. Goldman Sachs Group started coverage on shares of Cemex SAB de CV in a research note on Wednesday, April 10th. They issued a “neutral” rating and a $5.50 price objective on the stock. Finally, ValuEngine upgraded shares of Cemex SAB de CV from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Cemex SAB de CV has a consensus rating of “Hold” and an average target price of $8.58.

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Cemex SAB de CV Profile

CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials. The company also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs.

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Institutional Ownership by Quarter for Cemex SAB de CV (NYSE:CX)

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