Signaturefd LLC Boosts Holdings in CRH plc (NYSE:CRH)

Signaturefd LLC raised its stake in shares of CRH plc (NYSE:CRH) by 40.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,923 shares of the construction company’s stock after buying an additional 4,599 shares during the quarter. Signaturefd LLC’s holdings in CRH were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Barclays PLC bought a new stake in CRH during the third quarter worth approximately $941,562,000. International Assets Investment Management LLC bought a new stake in CRH in the fourth quarter worth $3,358,000. Vanguard Group Inc. purchased a new position in CRH during the third quarter worth $1,484,901,000. Asio Capital LLC increased its position in CRH by 75.3% during the fourth quarter. Asio Capital LLC now owns 54,015 shares of the construction company’s stock valued at $3,736,000 after acquiring an additional 23,205 shares during the last quarter. Finally, California Public Employees Retirement System purchased a new stake in shares of CRH in the third quarter valued at $73,833,000. 62.50% of the stock is owned by hedge funds and other institutional investors.

CRH Trading Up 0.7 %

NYSE CRH opened at $77.60 on Tuesday. CRH plc has a 52 week low of $47.14 and a 52 week high of $88.00. The company has a 50 day moving average price of $82.01 and a 200 day moving average price of $70.37.

CRH Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Wednesday, April 17th. Stockholders of record on Friday, March 15th were given a dividend of $0.262 per share. This represents a dividend yield of 2%. The ex-dividend date was Thursday, March 14th.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CRH. Jefferies Financial Group upped their price target on shares of CRH from $89.70 to $100.00 and gave the company a “buy” rating in a report on Monday, March 4th. Citigroup increased their price target on CRH from $101.00 to $106.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Truist Financial boosted their price objective on CRH from $81.00 to $95.00 and gave the company a “buy” rating in a report on Monday, March 4th. Vertical Research started coverage on CRH in a research note on Friday, March 22nd. They issued a “buy” rating and a $105.00 target price on the stock. Finally, StockNews.com raised shares of CRH from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 27th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $79.31.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.