Thompson Davis & CO. Inc. Has $195,000 Holdings in CEMEX, S.A.B. de C.V. (NYSE:CX)

Thompson Davis & CO. Inc. boosted its holdings in CEMEX, S.A.B. de C.V. (NYSE:CX) by 14.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,200 shares of the construction company’s stock after purchasing an additional 3,200 shares during the period. Thompson Davis & CO. Inc.’s holdings in CEMEX were worth $195,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Ballentine Partners LLC lifted its holdings in shares of CEMEX by 10.3% during the 4th quarter. Ballentine Partners LLC now owns 19,769 shares of the construction company’s stock valued at $153,000 after purchasing an additional 1,839 shares in the last quarter. Blue Trust Inc. grew its position in CEMEX by 65.0% during the fourth quarter. Blue Trust Inc. now owns 5,232 shares of the construction company’s stock worth $41,000 after buying an additional 2,062 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in CEMEX by 40.6% during the third quarter. PNC Financial Services Group Inc. now owns 8,501 shares of the construction company’s stock worth $55,000 after purchasing an additional 2,454 shares during the period. Creative Financial Designs Inc. ADV bought a new stake in shares of CEMEX during the 4th quarter worth $26,000. Finally, State of New Jersey Common Pension Fund D raised its stake in CEMEX by 2.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 177,558 shares of the construction company’s stock worth $1,376,000 after acquiring an additional 3,512 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

CEMEX Stock Down 2.5 %

Shares of NYSE CX traded down $0.20 during trading on Tuesday, reaching $7.91. The company had a trading volume of 8,576,681 shares, compared to its average volume of 6,722,897. The stock has a market cap of $11.46 billion, a PE ratio of 57.89, a P/E/G ratio of 0.17 and a beta of 1.47. The company has a quick ratio of 0.51, a current ratio of 0.78 and a debt-to-equity ratio of 0.54. CEMEX, S.A.B. de C.V. has a 12-month low of $5.67 and a 12-month high of $9.27. The business’s 50-day moving average is $8.33 and its 200 day moving average is $7.66.

CEMEX (NYSE:CX) last issued its earnings results on Monday, April 29th. The construction company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. CEMEX had a return on equity of 1.82% and a net margin of 1.28%. The business had revenue of $4.14 billion during the quarter. During the same period last year, the firm posted $0.15 EPS. As a group, equities analysts forecast that CEMEX, S.A.B. de C.V. will post 0.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CX has been the topic of several recent research reports. The Goldman Sachs Group lifted their target price on shares of CEMEX from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday. StockNews.com raised shares of CEMEX from a “buy” rating to a “strong-buy” rating in a research report on Friday. Barclays downgraded CEMEX from an “overweight” rating to an “equal weight” rating and set a $9.00 target price on the stock. in a research note on Friday, February 9th. Finally, Bank of America cut CEMEX from a “buy” rating to a “neutral” rating and set a $9.00 target price on the stock. in a research note on Wednesday, April 24th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.53.

CEMEX Company Profile

CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products.