Strs Ohio boosted its stake in shares of Cemex S.A.B. de C.V. (NYSE:CX) by 4.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 865,277 shares of the construction company’s stock after buying an additional 33,279 shares during the period. Strs Ohio’s holdings in Cemex S.A.B. de C.V. were worth $8,150,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in CX. UBS Asset Management Americas Inc. boosted its position in shares of 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 in the last quarter. Highbridge Capital Management LLC bought a new position in shares of Cemex S.A.B. de C.V. during the fourth quarter worth approximately $321,000. Macquarie Group Ltd. boosted its position in shares of Cemex S.A.B. de C.V. by 51.6% in the fourth quarter. Macquarie Group Ltd. now owns 3,382,235 shares of the construction company’s stock worth $27,155,000 after buying an additional 1,151,400 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of Cemex S.A.B. de C.V. by 143.5% in the first quarter. CENTRAL TRUST Co now owns 11,171 shares of the construction company’s stock worth $101,000 after buying an additional 6,583 shares in the last quarter. Finally, Creative Planning boosted its position in shares of Cemex S.A.B. de C.V. by 49.2% in the first quarter. Creative Planning now owns 67,422 shares of the construction company’s stock worth $612,000 after buying an additional 22,230 shares in the last quarter. 39.16% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Cemex S.A.B. de C.V. (NYSE CX) opened at 9.79 on Friday. The firm has a 50-day moving average price of $9.65 and a 200-day moving average price of $8.88. Cemex S.A.B. de C.V. has a 52 week low of $6.91 and a 52 week high of $10.37. The stock has a market cap of $146.84 billion, a price-to-earnings ratio of 123.92 and a beta of 1.34.

Cemex S.A.B. de C.V. (NYSE:CX) last issued its quarterly earnings data on Wednesday, July 26th. The construction company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. The business had revenue of $3.58 billion during the quarter. Cemex S.A.B. de C.V. had a net margin of 8.34% and a return on equity of 8.94%. On average, equities analysts anticipate that Cemex S.A.B. de C.V. will post $0.60 earnings per share for the current year.

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A number of equities analysts recently commented on the company. BidaskClub cut Cemex S.A.B. de C.V. from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. UBS AG raised Cemex S.A.B. de C.V. from a “market perform” rating to an “outperform” rating in a report on Thursday, May 4th. Bank of America Corporation raised Cemex S.A.B. de C.V. from a “neutral” rating to a “buy” rating and raised their target price for the stock from $10.10 to $10.60 in a report on Tuesday, June 20th. Berenberg Bank reaffirmed a “hold” rating and issued a $8.40 target price on shares of Cemex S.A.B. de C.V. in a report on Thursday, July 27th. Finally, Zacks Investment Research cut Cemex S.A.B. de C.V. from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus 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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