WASHINGTON TRUST Co Invests $35,000 in CRH plc (NYSE:CRH)

WASHINGTON TRUST Co bought a new stake in shares of CRH plc (NYSE:CRH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 500 shares of the construction company’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Retirement Partners LLC raised its stake in CRH by 15.3% during the 3rd quarter. Global Retirement Partners LLC now owns 1,384 shares of the construction company’s stock valued at $75,000 after purchasing an additional 184 shares during the period. Clearstead Advisors LLC raised its position in shares of CRH by 14.3% during the third quarter. Clearstead Advisors LLC now owns 1,600 shares of the construction company’s stock valued at $88,000 after buying an additional 200 shares during the last quarter. Gradient Investments LLC lifted its holdings in shares of CRH by 2.1% in the third quarter. Gradient Investments LLC now owns 9,763 shares of the construction company’s stock worth $534,000 after buying an additional 201 shares in the last quarter. Csenge Advisory Group boosted its position in shares of CRH by 5.0% during the third quarter. Csenge Advisory Group now owns 4,359 shares of the construction company’s stock worth $239,000 after acquiring an additional 206 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of CRH by 25.1% during the second quarter. Farther Finance Advisors LLC now owns 1,056 shares of the construction company’s stock worth $59,000 after acquiring an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Analysts Set New Price Targets

CRH has been the topic of a number of research reports. Jefferies Financial Group lifted 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. DA Davidson began coverage on CRH in a report on Friday, January 19th. They issued a “buy” rating and a $82.00 target price on the stock. Vertical Research initiated coverage on CRH in a research note on Friday, March 22nd. They set a “buy” rating and a $105.00 price target for the company. StockNews.com raised CRH from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Finally, Truist Financial upped their price objective on CRH from $81.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, March 4th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $74.64.

CRH Price Performance

Shares of NYSE CRH opened at $86.25 on Friday. CRH plc has a 1-year low of $46.84 and a 1-year high of $88.00. The business’s 50 day moving average is $78.13 and its two-hundred day moving average is $66.75.

CRH Announces Dividend

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

CRH 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.