CEMEX, S.A.B. de C.V. (NYSE:CX) Shares Bought by NBC Securities Inc.

NBC Securities Inc. boosted its position in shares of CEMEX, S.A.B. de C.V. (NYSE:CX - Free Report) by 111,708.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,849 shares of the construction company's stock after purchasing an additional 64,791 shares during the quarter. NBC Securities Inc.'s holdings in CEMEX were worth $363,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CX. Mirae Asset Global Investments Co. Ltd. increased its holdings in CEMEX by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,080 shares of the construction company's stock worth $170,000 after purchasing an additional 8,795 shares during the period. Choreo LLC purchased a new position in CEMEX during the 4th quarter worth $268,000. Activest Wealth Management purchased a new position in CEMEX during the 4th quarter worth $113,000. Vontobel Holding Ltd. boosted its position in CEMEX by 50.0% during the 4th quarter. Vontobel Holding Ltd. now owns 19,032 shares of the construction company's stock valued at $107,000 after acquiring an additional 6,344 shares in the last quarter. Finally, Allworth Financial LP boosted its position in CEMEX by 289.7% during the 4th quarter. Allworth Financial LP now owns 25,745 shares of the construction company's stock valued at $144,000 after acquiring an additional 19,139 shares in the last quarter. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

CEMEX Stock Down 1.5%

Shares of CEMEX stock traded down $0.10 during trading on Friday, reaching $6.71. The company's stock had a trading volume of 8,920,378 shares, compared to its average volume of 11,702,312. The company has a quick ratio of 0.58, a current ratio of 0.82 and a debt-to-equity ratio of 0.43. The company has a market cap of $9.72 billion, a price-to-earnings ratio of 10.65 and a beta of 1.40. CEMEX, S.A.B. de C.V. has a 1-year low of $4.89 and a 1-year high of $7.34. The company has a 50-day simple moving average of $6.16 and a two-hundred day simple moving average of $6.00.

CEMEX (NYSE:CX - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The construction company reported $0.08 earnings per share for the quarter. The firm had revenue of $186.46 million during the quarter, compared to analysts' expectations of $214.59 million. CEMEX had a return on equity of 7.78% and a net margin of 5.70%. As a group, equities analysts forecast that CEMEX, S.A.B. de C.V. will post 0.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. JPMorgan Chase & Co. increased their target price on CEMEX from $6.00 to $6.80 and gave the company a "neutral" rating in a research report on Tuesday, April 29th. Bradesco Corretora set a $7.50 target price on CEMEX and gave the company a "neutral" rating in a research report on Tuesday, April 15th. Wall Street Zen raised CEMEX from a "hold" rating to a "buy" rating in a research report on Saturday, May 3rd. Itau BBA Securities cut CEMEX from an "outperform" rating to a "market perform" rating in a research report on Tuesday, June 3rd. Finally, Royal Bank of Canada increased their target price on CEMEX from $5.00 to $5.25 and gave the company an "underperform" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $7.58.

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.