AT Bancorp lowered its stake in Cemex S.A.B. de C.V. (NYSE:CX) by 65.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,704 shares of the construction company’s stock after selling 57,119 shares during the period. AT Bancorp’s holdings in Cemex S.A.B. de C.V. were worth $280,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CX. Huntington National Bank increased its position in shares of Cemex S.A.B. de C.V. by 19.0% in the second quarter. Huntington National Bank now owns 10,775 shares of the construction company’s stock valued at $102,000 after buying an additional 1,722 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of Cemex S.A.B. de C.V. during the first quarter valued at about $100,000. Bronfman E.L. Rothschild L.P. increased its position in shares of Cemex S.A.B. de C.V. by 3.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 11,014 shares of the construction company’s stock valued at $100,000 after buying an additional 333 shares in the last quarter. CENTRAL TRUST Co increased 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 valued at $101,000 after buying an additional 6,583 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its position in shares of Cemex S.A.B. de C.V. by 2.9% in the second quarter. JFS Wealth Advisors LLC now owns 11,306 shares of the construction company’s stock valued at $107,000 after buying an additional 315 shares in the last quarter. Institutional investors and hedge funds own 39.13% of the company’s stock.

Shares of Cemex S.A.B. de C.V. (NYSE:CX) opened at 9.65 on Wednesday. The firm has a market capitalization of $144.74 billion, a P/E ratio of 122.15 and a beta of 1.34. Cemex S.A.B. de C.V. has a 52-week low of $6.91 and a 52-week high of $10.37. The firm has a 50-day moving average price of $9.70 and a 200-day moving average price of $8.90.

Cemex S.A.B. de C.V. (NYSE:CX) last announced its quarterly earnings data on Wednesday, July 26th. The construction company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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. On average, equities research analysts anticipate that Cemex S.A.B. de C.V. will post $0.60 EPS for the current year.

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Several brokerages have recently issued reports on CX. Berenberg Bank reiterated a “hold” rating and set a $8.40 price objective on shares of Cemex S.A.B. de C.V. in a research report on Thursday, July 27th. UBS AG upgraded Cemex S.A.B. de C.V. from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 4th. BidaskClub upgraded Cemex S.A.B. de C.V. from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th. Citigroup Inc. downgraded Cemex S.A.B. de C.V. from a “neutral” rating to a “sell” rating and set a $9.00 price objective for the company. in a research report on Monday, July 17th. Finally, Zacks Investment Research downgraded Cemex S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. The stock currently 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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