Jane Street Group LLC boosted its position in Cemex SAB de CV (NYSE:CX) by 92.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 429,392 shares of the construction company’s stock after acquiring an additional 205,740 shares during the period. Jane Street Group LLC’s holdings in Cemex SAB de CV were worth $2,070,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CX. Dodge & Cox increased its position in shares of Cemex SAB de CV by 0.4% during the third quarter. Dodge & Cox now owns 125,711,760 shares of the construction company’s stock valued at $885,011,000 after acquiring an additional 543,765 shares during the last quarter. Brandes Investment Partners LP increased its position in shares of Cemex SAB de CV by 11.3% during the fourth quarter. Brandes Investment Partners LP now owns 58,749,887 shares of the construction company’s stock valued at $283,715,000 after acquiring an additional 5,957,356 shares during the last quarter. Baillie Gifford & Co. increased its position in shares of Cemex SAB de CV by 4.7% during the fourth quarter. Baillie Gifford & Co. now owns 34,061,771 shares of the construction company’s stock valued at $164,177,000 after acquiring an additional 1,521,163 shares during the last quarter. BlackRock Inc. increased its position in shares of Cemex SAB de CV by 8.7% during the fourth quarter. BlackRock Inc. now owns 20,250,814 shares of the construction company’s stock valued at $97,608,000 after acquiring an additional 1,629,209 shares during the last quarter. Finally, Hosking Partners LLP increased its position in shares of Cemex SAB de CV by 2.5% during the fourth quarter. Hosking Partners LLP now owns 6,541,098 shares of the construction company’s stock valued at $31,528,000 after acquiring an additional 156,426 shares during the last quarter. Institutional investors and hedge funds own 33.39% of the company’s stock.

A number of analysts have issued reports on CX shares. Zacks Investment Research raised Cemex SAB de CV from a “sell” rating to a “hold” rating in a research report on Wednesday, February 6th. ValuEngine downgraded Cemex SAB de CV from a “sell” rating to a “strong sell” rating in a research report on Friday, March 1st. Finally, Barclays set a $7.00 target price on Cemex SAB de CV and gave the stock a “buy” rating in a research report on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $9.08.

NYSE:CX opened at $4.74 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.75 and a quick ratio of 0.51. Cemex SAB de CV has a 1 year low of $4.47 and a 1 year high of $7.60. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 0.63 and a beta of 1.57.

Cemex SAB de CV (NYSE:CX) last released its earnings results on Thursday, February 7th. The construction company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.12). The firm had revenue of $3.45 billion during the quarter. Cemex SAB de CV had a return on equity of 4.86% and a net margin of 3.84%. On average, equities research analysts predict that Cemex SAB de CV will post 0.48 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was originally published by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://www.watchlistnews.com/jane-street-group-llc-purchases-205740-shares-of-cemex-sab-de-cv-cx/2924227.html.

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.

Featured Story: Current Ratio

Want to see what other hedge funds are holding CX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cemex SAB de CV (NYSE:CX).

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

Receive News & Ratings for Cemex SAB de CV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cemex SAB de CV and related companies with MarketBeat.com's FREE daily email newsletter.