CRH plc (NYSE:CRH) Shares Acquired by TFG Advisers LLC

TFG Advisers LLC raised its holdings in shares of CRH plc (NYSE:CRH) by 33.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,157 shares of the construction company’s stock after buying an additional 1,034 shares during the period. TFG Advisers LLC’s holdings in CRH were worth $385,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. FMR LLC grew its position in shares of CRH by 33.4% during the third quarter. FMR LLC now owns 36,156,017 shares of the construction company’s stock worth $3,341,258,000 after buying an additional 9,055,354 shares in the last quarter. Franklin Resources Inc. boosted its stake in CRH by 8.7% during the 3rd quarter. Franklin Resources Inc. now owns 14,351,050 shares of the construction company’s stock valued at $1,329,796,000 after acquiring an additional 1,148,708 shares during the last quarter. State Street Corp grew its holdings in CRH by 4.9% during the 3rd quarter. State Street Corp now owns 13,139,233 shares of the construction company’s stock worth $1,218,532,000 after acquiring an additional 618,786 shares in the last quarter. Geode Capital Management LLC grew its holdings in CRH by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 7,985,356 shares of the construction company’s stock worth $738,113,000 after acquiring an additional 165,825 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of CRH by 515.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,103,194 shares of the construction company’s stock worth $473,270,000 after purchasing an additional 4,274,336 shares during the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Hsbc Global Res raised shares of CRH to a “strong-buy” rating in a research report on Monday, November 11th. Citigroup decreased their target price on CRH from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Truist Financial upped their price target on CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Morgan Stanley lifted their price objective on shares of CRH from $95.00 to $104.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Finally, StockNews.com raised shares of CRH from a “hold” rating to a “buy” rating in a report on Monday, November 11th. One equities research 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. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $107.75.

CRH Stock Down 1.7 %

CRH stock opened at $103.44 on Friday. The stock has a market cap of $70.26 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 1.08 and a beta of 1.30. The firm’s 50-day simple moving average is $97.08 and its 200 day simple moving average is $92.71. CRH plc has a fifty-two week low of $71.18 and a fifty-two week high of $105.58.

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.