2,541 Shares in CRH plc (NYSE:CRH) Purchased by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC purchased a new stake in shares of CRH plc (NYSE:CRHFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,541 shares of the construction company’s stock, valued at approximately $235,000.

A number of other large investors have also recently modified their holdings of CRH. Deseret Mutual Benefit Administrators purchased a new position in CRH during the 3rd quarter worth $25,000. UMB Bank n.a. increased its stake in shares of CRH by 72.7% during the third quarter. UMB Bank n.a. now owns 297 shares of the construction company’s stock valued at $28,000 after buying an additional 125 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of CRH during the third quarter valued at $35,000. Baillie Gifford & Co. raised its holdings in shares of CRH by 70.7% in the third quarter. Baillie Gifford & Co. now owns 391 shares of the construction company’s stock valued at $36,000 after acquiring an additional 162 shares in the last quarter. Finally, Quarry LP bought a new stake in shares of CRH in the 2nd quarter valued at about $49,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. DA Davidson increased their price objective on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Citigroup cut their price target on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Truist Financial upped their price objective on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Barclays began coverage on CRH in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 target price on the stock. Finally, Morgan Stanley increased their price target on shares of CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $107.75.

Read Our Latest Stock Report on CRH

CRH Stock Down 0.1 %

CRH stock opened at $95.62 on Friday. The stock has a market capitalization of $64.95 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 1.00 and a beta of 1.31. CRH plc has a 52 week low of $66.42 and a 52 week high of $104.23. The firm has a 50 day moving average of $97.53 and a 200 day moving average of $90.31.

CRH Cuts Dividend

The business also recently disclosed a Variable dividend, which was paid on Wednesday, December 18th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.262 per share. This represents a dividend yield of 1.4%. The ex-dividend date was Friday, November 22nd. CRH’s dividend payout ratio (DPR) is presently 21.00%.

CRH Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding CRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CRH plc (NYSE:CRHFree Report).

Institutional Ownership by Quarter for CRH (NYSE:CRH)

Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.