Quattro Financial Advisors LLC increased its position in shares of Cemex S.A.B. de C.V. (NYSE:CX) by 4.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,735 shares of the construction company’s stock after buying an additional 759 shares during the period. Quattro Financial Advisors LLC’s holdings in Cemex S.A.B. de C.V. were worth $186,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Banco Santander S.A. increased its position in Cemex S.A.B. de C.V. by 13.6% in the first quarter. Banco Santander S.A. now owns 8,330,463 shares of the construction company’s stock worth $66,106,000 after buying an additional 1,000,000 shares during the period. UBS Asset Management Americas Inc. increased its position in Cemex S.A.B. de C.V. by 138.6% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,510,750 shares of the construction company’s stock worth $12,131,000 after buying an additional 877,502 shares during the period. Renaissance Technologies LLC bought a new position in Cemex S.A.B. de C.V. during the first quarter worth about $60,059,000. First National Bank of Omaha increased its position in Cemex S.A.B. de C.V. by 4.0% in the second quarter. First National Bank of Omaha now owns 80,421 shares of the construction company’s stock worth $758,000 after buying an additional 3,092 shares during the period. Finally, Legal & General Group Plc increased its position in Cemex S.A.B. de C.V. by 0.9% in the first quarter. Legal & General Group Plc now owns 727,402 shares of the construction company’s stock worth $6,595,000 after buying an additional 6,500 shares during the period. Institutional investors and hedge funds own 39.47% of the company’s stock.

Shares of Cemex S.A.B. de C.V. (CX) opened at 9.30 on Tuesday. The company has a 50 day moving average of $9.75 and a 200-day moving average of $8.95. Cemex S.A.B. de C.V. has a 12-month low of $6.91 and a 12-month high of $10.37. The company has a market cap of $139.49 billion, a PE ratio of 119.23 and a beta of 1.34.

Cemex S.A.B. de C.V. (NYSE:CX) last posted its quarterly earnings results on Wednesday, July 26th. The construction company reported $0.18 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.18. Cemex S.A.B. de C.V. had a net margin of 8.34% and a return on equity of 8.94%. The firm had revenue of $3.58 billion for the quarter. Equities research analysts anticipate that Cemex S.A.B. de C.V. will post $0.58 earnings per share for the current year.

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A number of equities analysts have issued reports on CX shares. Berenberg Bank reiterated a “hold” rating and set a $8.40 price target on shares of Cemex S.A.B. de C.V. in a research note on Thursday, July 27th. Zacks Investment Research cut shares of Cemex S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Citigroup Inc. cut shares of Cemex S.A.B. de C.V. from a “neutral” rating to a “sell” rating and set a $9.00 target price on the stock. in a research report on Monday, July 17th. BidaskClub cut shares of Cemex S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Finally, Bank of America Corporation raised shares of Cemex S.A.B. de C.V. from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $10.10 to $10.60 in a research report on Tuesday, June 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $10.63.

About Cemex S.A.B. de C.V.

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.

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

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