CRH plc (NYSE:CRH) Stock Position Lowered by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. lessened its position in CRH plc (NYSE:CRH) by 12.6% during the fourth quarter, according to 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 period. Guyasuta Investment Advisors Inc.’s holdings in CRH were worth $482,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of CRH by 7.9% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,562,962 shares of the construction company’s stock worth $144,605,000 after buying an additional 114,072 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of CRH by 22.1% in the 4th quarter. Park Avenue Securities LLC now owns 32,557 shares of the construction company’s stock worth $3,012,000 after buying an additional 5,889 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of CRH by 31.8% in the 4th quarter. Merit Financial Group LLC now owns 23,253 shares of the construction company’s stock worth $2,151,000 after buying an additional 5,610 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of CRH by 19.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 72,778 shares of the construction company’s stock worth $6,733,000 after buying an additional 12,076 shares in the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of CRH by 48.2% in the 4th quarter. Nordea Investment Management AB now owns 2,484,746 shares of the construction company’s stock worth $231,206,000 after buying an additional 808,061 shares in the last quarter. Institutional investors own 62.50% of the company’s stock.

CRH Price Performance

Shares of NYSE CRH opened at $108.31 on Friday. The business’s 50-day moving average price is $97.20 and its two-hundred day moving average price is $93.51. CRH plc has a one year low of $71.18 and a one year high of $108.39. The company has a market capitalization of $73.57 billion, a P/E ratio of 21.66, a price-to-earnings-growth ratio of 1.18 and a beta of 1.30.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on CRH from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Hsbc Global Res raised CRH to a “strong-buy” rating in a research report on Monday, November 11th. Citigroup cut their target price on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. DA Davidson boosted their target price on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, StockNews.com raised CRH from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $107.75.

About CRH

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.