CEMEX, S.A.B. de C.V. (NYSE:CX) marched up 0.4% compared to a 52-week low price of $7.41. The shares were last seen trading -0.93% lower, taking the closing price at $7.44 on 12/04/2017. At recent session, the prices were hovering between $7.42 and $7.63. This company shares are 40.46% off its target price of $10.45 and the current market capitalization stands at $11.17B. The recent change has given its price a -9.57% deficit over SMA 50 and -28.25% deficit over its 52-week high. The stock witnessed -7.92% declines, -18.69% declines and -15.45% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CX’s volatility during a week at 2.67% and during a month it has been found around 2.17%.CEMEX, S.A.B. de C.V. (CX) Top Holders
Institutional investors currently hold around $4.46 billion or 42.3% in CX stock. Look at its top three institutional owners. Dodge & Cox owns $538.73 million in CEMEX, S.A.B. de C.V., which represents roughly 4.82% of the company’s market cap and approximately 12.08% of the institutional ownership. Similar statistics are true for the second largest owner, Carmignac Gestion, which owns 60,765,076 shares of the stock are valued at $456.35 million. The third largest holder is Boston Partners, which currently holds $354.85 million worth of this stock and that ownership represents nearly 3.18% of its market capitalization.CEMEX, S.A.B. de C.V. 13F Filings
At the end of 09/30/2017 reporting period, 139 institutional holders increased their position in CEMEX, S.A.B. de C.V. (NYSE:CX) by some 95,248,827 shares, 130 decreased positions by 94,086,334 and 54 held positions by 404,583,308. That puts total institutional holdings at 593,918,469 shares, according to SEC filings. The stock grabbed 39 new institutional investments totaling 5,334,223 shares while 39 institutional investors sold out their entire positions totaling 47,600,436 shares.
Several analysts have released their opinion on CEMEX, S.A.B. de C.V. (NYSE:CX), with 2 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.9 average brokerage recommendation.