Marks Group Wealth Management Inc Has $1.10 Million Holdings in CRH plc (NYSE:CRH)

Marks Group Wealth Management Inc decreased its position in CRH plc (NYSE:CRH) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,860 shares of the construction company’s stock after selling 500 shares during the period. Marks Group Wealth Management Inc’s holdings in CRH were worth $1,100,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. GHP Investment Advisors Inc. increased its stake in shares of CRH by 336.4% in the 2nd quarter. GHP Investment Advisors Inc. now owns 336 shares of the construction company’s stock valued at $25,000 after acquiring an additional 259 shares in the last quarter. UMB Bank n.a. increased its stake in CRH by 72.7% in the third quarter. UMB Bank n.a. now owns 297 shares of the construction company’s stock valued at $28,000 after purchasing an additional 125 shares in the last quarter. Rothschild Investment LLC acquired a new position in shares of CRH during the second quarter valued at about $43,000. Quarry LP bought a new position in shares of CRH during the 2nd quarter worth about $49,000. Finally, Blue Trust Inc. grew its stake in shares of CRH by 341.7% in the 2nd quarter. Blue Trust Inc. now owns 848 shares of the construction company’s stock valued at $64,000 after buying an additional 656 shares during the period. Institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of NYSE CRH opened at $99.91 on Thursday. The stock’s 50 day moving average price is $91.00 and its 200-day moving average price is $83.83. CRH plc has a twelve month low of $57.45 and a twelve month high of $101.60.

CRH (NYSE:CRH) last posted its quarterly earnings data on Thursday, August 8th. The construction company reported $1.85 earnings per share for the quarter, hitting the consensus estimate of $1.85. The business had revenue of $9.65 billion during the quarter, compared to analysts’ expectations of $10.16 billion. As a group, research analysts anticipate that CRH plc will post 5.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CRH shares. StockNews.com lowered CRH from a “buy” rating to a “hold” rating in a report on Friday, August 16th. DA Davidson increased their target price on CRH from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Truist Financial boosted their price target on shares of CRH from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Citigroup dropped their price objective on shares of CRH from $109.00 to $99.00 and set a “buy” rating on the stock in a research note on Thursday, July 11th. Finally, Barclays assumed coverage on shares of CRH in a report on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 target price on the stock. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, CRH presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.90.

CRH Company 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.