Crh Plc $CRH Shares Bought by Signaturefd LLC

Signaturefd LLC grew its position in shares of Crh Plc (NYSE:CRH) by 3.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,076 shares of the construction company’s stock after acquiring an additional 560 shares during the quarter. Signaturefd LLC’s holdings in CRH were worth $1,659,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Diversify Advisory Services LLC grew its holdings in shares of CRH by 5.0% during the 1st quarter. Diversify Advisory Services LLC now owns 2,572 shares of the construction company’s stock worth $240,000 after purchasing an additional 123 shares during the period. Callan Family Office LLC raised its stake in shares of CRH by 4.4% in the 1st quarter. Callan Family Office LLC now owns 3,074 shares of the construction company’s stock valued at $270,000 after acquiring an additional 129 shares during the period. Yousif Capital Management LLC raised its stake in shares of CRH by 1.7% in the 1st quarter. Yousif Capital Management LLC now owns 8,196 shares of the construction company’s stock valued at $721,000 after acquiring an additional 139 shares during the period. Fifth Third Bancorp raised its stake in shares of CRH by 0.9% in the 1st quarter. Fifth Third Bancorp now owns 15,257 shares of the construction company’s stock valued at $1,342,000 after acquiring an additional 140 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its holdings in CRH by 1.4% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 10,387 shares of the construction company’s stock valued at $914,000 after purchasing an additional 141 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CRH shares. Vertical Research upgraded CRH to a “strong-buy” rating in a report on Friday, August 1st. Morgan Stanley reissued an “overweight” rating on shares of CRH in a research report on Tuesday, September 2nd. Bank of America started coverage on CRH in a research report on Friday. They set a “buy” rating and a $128.00 price target on the stock. DA Davidson reiterated a “neutral” rating and set a $105.00 price objective (down previously from $120.00) on shares of CRH in a research note on Thursday, July 10th. Finally, Jefferies Financial Group raised shares of CRH to a “strong-buy” rating in a report on Monday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $117.00.

CRH Price Performance

NYSE CRH opened at $113.64 on Monday. The company has a market capitalization of $76.44 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31. The company’s fifty day moving average price is $108.19 and its two-hundred day moving average price is $97.66. Crh Plc has a 12 month low of $76.75 and a 12 month high of $116.36.

CRH (NYSE:CRH) last issued its earnings results on Wednesday, August 6th. The construction company reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). The company had revenue of $10.21 billion during the quarter, compared to analyst estimates of $10.27 billion. CRH had a net margin of 9.09% and a return on equity of 15.68%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.88 EPS. As a group, analysts anticipate that Crh Plc will post 5.47 EPS for the current year.

CRH Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, August 22nd were given a $0.37 dividend. The ex-dividend date was Friday, August 22nd. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. CRH’s dividend payout ratio (DPR) is presently 23.22%.

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.