Atria Wealth Solutions Inc. Invests $317,000 in CRH plc (NYSE:CRH)

Atria Wealth Solutions Inc. purchased a new stake in CRH plc (NYSE:CRH) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,588 shares of the construction company’s stock, valued at approximately $317,000.

Other large investors have also recently bought and sold shares of the company. Barclays PLC acquired a new position in CRH in the 3rd quarter valued at about $941,562,000. International Assets Investment Management LLC purchased a new stake in shares of CRH during the fourth quarter worth approximately $3,358,000. Vanguard Group Inc. acquired a new stake in shares of CRH during the third quarter worth $1,484,901,000. Asio Capital LLC grew its position in CRH by 75.3% in the 4th 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 during the last quarter. Finally, California Public Employees Retirement System acquired a new position in CRH in the 3rd quarter valued at $73,833,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Stock Performance

Shares of CRH stock opened at $80.93 on Wednesday. CRH plc has a fifty-two week low of $47.14 and a fifty-two week high of $88.00. The business has a fifty day simple moving average of $82.40 and a 200-day simple moving average of $72.07.

CRH (NYSE:CRH) last posted its earnings results on Thursday, February 29th. The construction company reported $1.29 earnings per share for the quarter. The business had revenue of $8.69 billion for the quarter. On average, sell-side analysts expect that CRH plc will post 5.36 EPS for the current year.

CRH Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Stifel Nicolaus restated a “hold” rating and issued a $82.00 target price (up previously from $80.00) on shares of CRH in a research note on Monday, April 15th. StockNews.com upgraded CRH from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, March 27th. DA Davidson assumed coverage on CRH in a research note on Friday, January 19th. They issued a “buy” rating and a $82.00 price target on the stock. Jefferies Financial Group increased their price objective on CRH from $89.70 to $100.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Finally, Citigroup boosted their target price on shares of CRH from $101.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.31.

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.