Caprock Group LLC Purchases 226 Shares of CRH plc (NYSE:CRH)

Caprock Group LLC grew its position in shares of CRH plc (NYSE:CRH) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,769 shares of the construction company’s stock after buying an additional 226 shares during the quarter. Caprock Group LLC’s holdings in CRH were worth $1,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Deseret Mutual Benefit Administrators bought a new position in CRH in the 3rd quarter valued at $25,000. UMB Bank n.a. raised its holdings in shares of 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 buying an additional 125 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in CRH during the 3rd quarter worth about $35,000. Baillie Gifford & Co. grew its holdings in CRH by 70.7% during the 3rd quarter. Baillie Gifford & Co. now owns 391 shares of the construction company’s stock worth $36,000 after acquiring an additional 162 shares during the last quarter. Finally, Covestor Ltd acquired a new stake in CRH in the 3rd quarter valued at about $58,000. Institutional investors own 62.50% of the company’s stock.

CRH Trading Down 0.6 %

Shares of CRH stock opened at $99.15 on Monday. The stock’s fifty day simple moving average is $97.23 and its 200 day simple moving average is $92.23. The company has a market capitalization of $67.34 billion, a PE ratio of 19.83, a PEG ratio of 1.08 and a beta of 1.31. CRH plc has a 12 month low of $71.18 and a 12 month high of $104.23.

CRH Cuts Dividend

The firm also recently disclosed a Variable dividend, which was paid on Wednesday, December 18th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.262 per share. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, November 22nd. CRH’s dividend payout ratio (DPR) is presently 21.00%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CRH shares. StockNews.com upgraded shares of CRH from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Citigroup dropped 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 raised their price target on CRH from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, November 8th. DA Davidson upped their target price on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Finally, HSBC began coverage on shares of CRH in a research report on Monday, November 11th. They set a “buy” rating and a $116.00 price target for the company. One investment analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CRH currently 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.