Hantz Financial Services Inc. Has $1.39 Million Stake in CEMEX, S.A.B. de C.V. (NYSE:CX)

Hantz Financial Services Inc. boosted its holdings in shares of CEMEX, S.A.B. de C.V. (NYSE:CX - Free Report) by 28.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 246,623 shares of the construction company's stock after purchasing an additional 54,231 shares during the period. Hantz Financial Services Inc.'s holdings in CEMEX were worth $1,391,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CX. JPMorgan Chase & Co. grew its stake in CEMEX by 123.7% during the third quarter. JPMorgan Chase & Co. now owns 14,441,466 shares of the construction company's stock worth $88,093,000 after buying an additional 7,986,204 shares during the last quarter. GFS Advisors LLC increased its stake in shares of CEMEX by 1,505.0% in the third quarter. GFS Advisors LLC now owns 166,427 shares of the construction company's stock valued at $1,015,000 after buying an additional 156,058 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in CEMEX by 8.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 9,889,608 shares of the construction company's stock worth $60,327,000 after buying an additional 807,394 shares in the last quarter. Loomis Sayles & Co. L P lifted its position in CEMEX by 63.2% during the 3rd quarter. Loomis Sayles & Co. L P now owns 5,397,977 shares of the construction company's stock worth $32,927,000 after buying an additional 2,090,688 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in CEMEX by 46.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 52,237 shares of the construction company's stock worth $319,000 after acquiring an additional 16,585 shares during the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

CEMEX Trading Up 1.1 %

NYSE:CX traded up $0.07 during mid-day trading on Tuesday, hitting $6.10. The company had a trading volume of 6,920,335 shares, compared to its average volume of 10,045,701. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.73 and a current ratio of 0.98. 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 $8.83 billion, a P/E ratio of 20.32 and a beta of 1.49. The business's fifty day moving average is $5.67 and its two-hundred day moving average is $5.88.

CEMEX Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 18th. Investors of record on Tuesday, December 10th were paid a dividend of $0.0207 per share. The ex-dividend date of this dividend was Tuesday, December 10th. CEMEX's payout ratio is 20.00%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CX. Scotiabank reduced their target price on shares of CEMEX from $10.00 to $8.90 and set a "sector outperform" rating on the stock in a research report on Tuesday, October 29th. Barclays lowered their target price on CEMEX from $9.00 to $8.00 and set an "overweight" rating for the company in a research note on Tuesday, October 29th. Royal Bank of Canada lowered CEMEX from a "sector perform" rating to an "underperform" rating and cut their price target for the company from $6.00 to $5.00 in a research note on Wednesday, December 11th. JPMorgan Chase & Co. cut CEMEX from an "overweight" rating to a "neutral" rating and decreased their price target for the company from $7.00 to $6.00 in a report on Tuesday, October 29th. Finally, StockNews.com cut CEMEX from a "strong-buy" rating to a "buy" rating in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $7.65.

CEMEX 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.