CRH plc (NYSE:CRH) Shares Purchased by Lindbrook Capital LLC

Lindbrook Capital LLC lifted its stake in CRH plc (NYSE:CRH) by 49.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,555 shares of the construction company’s stock after acquiring an additional 1,506 shares during the period. Lindbrook Capital LLC’s holdings in CRH were worth $315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Barclays PLC acquired a new stake in CRH in the third quarter worth approximately $941,562,000. International Assets Investment Management LLC acquired a new stake in shares of CRH in the fourth quarter valued at $3,358,000. Vanguard Group Inc. bought a new position in CRH during the third quarter valued at about $1,484,901,000. Asio Capital LLC boosted its stake 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 buying an additional 23,205 shares in the last quarter. Finally, California Public Employees Retirement System acquired a new position in CRH during the third quarter worth about $73,833,000. 62.50% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CRH has been the subject of several research reports. DA Davidson assumed coverage on shares of CRH in a research report on Friday, January 19th. They set a “buy” rating and a $82.00 price objective for the company. Stifel Nicolaus restated a “hold” rating and set a $82.00 target price (up from $80.00) on shares of CRH in a report on Monday, April 15th. StockNews.com raised CRH from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 27th. Jefferies Financial Group raised their price objective on CRH from $89.70 to $100.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. Finally, Vertical Research initiated coverage on CRH in a report on Friday, March 22nd. They set a “buy” rating and a $105.00 price objective on the stock. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.31.

CRH Price Performance

Shares of CRH stock opened at $77.05 on Monday. CRH plc has a 1 year low of $47.14 and a 1 year high of $88.00. The stock has a 50-day moving average price of $81.93 and a 200 day moving average price of $70.22.

CRH Announces Dividend

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

About CRH

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.