Dimensional Fund Advisors LP cut its position in Cemex SAB de CV (NYSE:CX) by 5.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,839,602 shares of the construction company’s stock after selling 1,211,869 shares during the period. Dimensional Fund Advisors LP owned about 1.36% of Cemex SAB de CV worth $139,671,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Quantbot Technologies LP acquired a new stake in Cemex SAB de CV in the third quarter worth $336,000. Virtu Financial LLC increased its position in shares of Cemex SAB de CV by 185.2% during the third quarter. Virtu Financial LLC now owns 36,121 shares of the construction company’s stock worth $254,000 after acquiring an additional 23,457 shares in the last quarter. FDx Advisors Inc. bought a new stake in shares of Cemex SAB de CV during the third quarter worth $143,000. Crossmark Global Holdings Inc. increased its position in shares of Cemex SAB de CV by 10.0% during the third quarter. Crossmark Global Holdings Inc. now owns 177,409 shares of the construction company’s stock worth $1,249,000 after acquiring an additional 16,061 shares in the last quarter. Finally, Commonwealth Bank of Australia increased its position in shares of Cemex SAB de CV by 26.3% during the third quarter. Commonwealth Bank of Australia now owns 298,400 shares of the construction company’s stock worth $2,097,000 after acquiring an additional 62,200 shares in the last quarter. Institutional investors own 34.25% of the company’s stock.

Several equities research analysts have recently issued reports on CX shares. Citigroup set a $10.00 price objective on shares of Cemex SAB de CV and gave the stock a “buy” rating in a research report on Tuesday, September 4th. Zacks Investment Research raised shares of Cemex SAB de CV from a “sell” rating to a “hold” rating in a research report on Thursday, August 9th. ValuEngine raised shares of Cemex SAB de CV from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 2nd. Barclays lowered their price objective on shares of Cemex SAB de CV from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Friday, October 26th. Finally, HSBC downgraded shares of Cemex SAB de CV from a “buy” rating to a “hold” rating and set a $8.00 price objective for the company. in a research report on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. Cemex SAB de CV has a consensus rating of “Hold” and a consensus target price of $8.86.

Shares of CX stock opened at $4.89 on Thursday. The firm has a market cap of $7.14 billion, a PE ratio of 15.77, a P/E/G ratio of 0.58 and a beta of 1.72. Cemex SAB de CV has a 12-month low of $4.47 and a 12-month high of $8.51. The company has a quick ratio of 0.57, a current ratio of 0.81 and a debt-to-equity ratio of 0.83.

Cemex SAB de CV (NYSE:CX) last released its earnings results on Thursday, October 25th. The construction company reported $0.11 earnings per share for the quarter. The business had revenue of $3.75 billion during the quarter. Cemex SAB de CV had a net margin of 3.38% and a return on equity of 4.24%. On average, research analysts anticipate that Cemex SAB de CV will post 0.5 EPS for the current fiscal year.

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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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