CRH plc (NYSE:CRH) Stock Holdings Reduced by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. lessened its stake in shares of CRH plc (NYSE:CRH) by 12.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,215 shares of the construction company’s stock after selling 750 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in CRH were worth $482,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in CRH. Deseret Mutual Benefit Administrators acquired a new position in shares of CRH during the 3rd quarter valued at about $25,000. Heck Capital Advisors LLC acquired a new position in shares of CRH during the 4th quarter valued at about $32,000. Meeder Asset Management Inc. acquired a new position in shares of CRH during the 3rd quarter valued at about $35,000. Baillie Gifford & Co. increased its holdings in shares of CRH by 70.7% during the 3rd quarter. Baillie Gifford & Co. now owns 391 shares of the construction company’s stock valued at $36,000 after acquiring an additional 162 shares during the last quarter. Finally, Spire Wealth Management acquired a new position in shares of CRH during the 4th quarter valued at about $57,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Trading Up 1.7 %

Shares of CRH stock opened at $108.31 on Friday. The company has a market capitalization of $73.57 billion, a P/E ratio of 21.66, a P/E/G ratio of 1.18 and a beta of 1.30. CRH plc has a 12 month low of $71.18 and a 12 month high of $108.39. The stock has a 50 day moving average of $97.20 and a two-hundred day moving average of $93.51.

Analyst Ratings Changes

A number of analysts have issued reports on CRH shares. Truist Financial raised their target price on CRH from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. raised their target price on CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Hsbc Global Res raised CRH to a “strong-buy” rating in a report on Monday, November 11th. Morgan Stanley raised their target price on CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Finally, HSBC started coverage on CRH in a report on Monday, November 11th. They issued a “buy” rating and a $116.00 target price on the stock. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $107.75.

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.