3,533 Shares in CRH plc (NYSE:CRH) Acquired by PDS Planning Inc

PDS Planning Inc purchased a new position in CRH plc (NYSE:CRH) during the 4th quarter, HoldingsChannel reports. The firm purchased 3,533 shares of the construction company’s stock, valued at approximately $244,000.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. bought a new stake in shares of CRH in the 3rd quarter worth approximately $1,484,901,000. Barclays PLC bought a new stake in CRH during the 3rd quarter valued at $941,562,000. Greenhaven Associates Inc. raised its stake in CRH by 0.9% during the 4th quarter. Greenhaven Associates Inc. now owns 11,141,937 shares of the construction company’s stock valued at $770,576,000 after acquiring an additional 103,510 shares in the last quarter. Invesco Ltd. raised its stake in CRH by 1,136.3% during the 3rd quarter. Invesco Ltd. now owns 8,587,277 shares of the construction company’s stock valued at $469,982,000 after acquiring an additional 7,892,691 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new stake in CRH during the 3rd quarter valued at $418,653,000. Institutional investors own 62.50% of the company’s stock.

CRH Stock Up 1.5 %

Shares of NYSE:CRH opened at $78.78 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 50-day moving average of $82.14 and a two-hundred day moving average of $70.53.

CRH Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have weighed in on CRH shares. Vertical Research initiated coverage on CRH in a research note on Friday, March 22nd. They set a “buy” rating and a $105.00 target price on the stock. Stifel Nicolaus reissued a “hold” rating and issued a $82.00 price objective (up previously from $80.00) on shares of CRH in a research note on Monday, April 15th. DA Davidson initiated coverage on CRH in a research note on Friday, January 19th. They issued a “buy” rating and a $82.00 price objective on the stock. StockNews.com raised CRH from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 27th. Finally, Citigroup boosted their price objective on CRH from $101.00 to $106.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $79.31.

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.