Nomura Asset Management International Adds $60M in CEMEX, S.A.B. de C.V. ($CX)
Key Points
- Nomura Asset Management International changed its CEMEX, S.A.B. de C.V. ($CX) stake by 73.0% last quarter, boosting to 11,176,939 shares worth $141.95 million.
- Wall Street's consensus rating on $CX is Buy and an average price target of $14.31.
- $CX last traded around $12.70.
Nomura Asset Management International increased its position in CEMEX, S.A.B. de C.V. ($CX) by 73.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,176,939 shares of CEMEX, S.A.B. de C.V. after buying 4,714,703 shares during the quarter. Nomura Asset Management International's holdings in CEMEX, S.A.B. de C.V. were worth $141.95 million as of its most recent filing.
CEMEX, S.A.B. de C.V. ($CX) Stock
CEMEX, S.A.B. de C.V. Earnings
CEMEX, S.A.B. de C.V. Dividend
Analysts Set New Price Targets
About CEMEX, S.A.B. de C.V.
CEMEX, S.A.B. de C.V., together with its subsidiaries, engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. It offers gray ordinary portland, white portland, and blended cement products; masonry or mortar products; standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products; aggregate products, including crushed stone and manufactured sand, gravel, sand, and recycled concrete; and vertua products. The company also provides urbanization solutions for construction chemicals, mortars, concrete products, and asphalt businesses, as well as municipal and industrial waste management solutions; and construction, demolition, and excavation waste solutions. CEMEX, S.A.B. de C.V. was founded in 1906 and is based in San Pedro Garza García, Mexico.
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