Natixis Advisors LLC Has $2.02 Million Stock Holdings in CEMEX, S.A.B. de C.V. (NYSE:CX)

Natixis Advisors LLC grew its position in CEMEX, S.A.B. de C.V. (NYSE:CX - Free Report) by 13.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 358,776 shares of the construction company's stock after purchasing an additional 43,089 shares during the period. Natixis Advisors LLC's holdings in CEMEX were worth $2,023,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in CX. IFP Advisors Inc raised its position in CEMEX by 159.1% in the 4th quarter. IFP Advisors Inc now owns 4,986 shares of the construction company's stock valued at $28,000 after purchasing an additional 3,062 shares during the last quarter. Barclays PLC raised its holdings in shares of CEMEX by 41.8% in the third quarter. Barclays PLC now owns 6,249 shares of the construction company's stock valued at $38,000 after buying an additional 1,843 shares during the last quarter. Aureus Asset Management LLC acquired a new position in CEMEX during the 3rd quarter worth about $70,000. Banco Santander S.A. bought a new stake in CEMEX during the 4th quarter worth about $78,000. Finally, Holistic Financial Partners increased its position in CEMEX by 25.0% in the 4th quarter. Holistic Financial Partners now owns 13,933 shares of the construction company's stock valued at $79,000 after acquiring an additional 2,787 shares in the last quarter. Institutional investors own 82.97% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on CX shares. Morgan Stanley downgraded CEMEX from an "overweight" rating to an "equal weight" rating in a report on Wednesday. Royal Bank of Canada raised their price target on CEMEX from $5.00 to $6.00 and gave the company an "underperform" rating in a report on Monday, February 10th. Finally, The Goldman Sachs Group boosted their price objective on CEMEX from $8.00 to $9.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $7.82.

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CEMEX Trading Down 5.9 %

NYSE:CX traded down $0.36 during mid-day trading on Friday, hitting $5.67. The company had a trading volume of 20,251,368 shares, compared to its average volume of 9,772,834. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.82. CEMEX, S.A.B. de C.V. has a fifty-two week low of $5.00 and a fifty-two week high of $9.27. The firm has a market cap of $8.21 billion, a P/E ratio of 8.99 and a beta of 1.45. The business's fifty day moving average is $6.17 and its two-hundred day moving average is $5.89.

CEMEX (NYSE:CX - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The construction company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.06. CEMEX had a net margin of 5.70% and a return on equity of 7.78%. As a group, research analysts expect that CEMEX, S.A.B. de C.V. will post 0.69 earnings per share for the current year.

CEMEX Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were issued a $0.0207 dividend. The ex-dividend date of this dividend was Monday, March 10th. CEMEX's dividend payout ratio (DPR) is 12.70%.

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.