WINTON GROUP Ltd Grows Holdings in CRH plc (NYSE:CRH)

WINTON GROUP Ltd raised its position in CRH plc (NYSE:CRH) by 20.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,382 shares of the construction company’s stock after buying an additional 3,141 shares during the period. WINTON GROUP Ltd’s holdings in CRH were worth $1,378,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. GHP Investment Advisors Inc. increased its position in shares of CRH by 336.4% during the second quarter. GHP Investment Advisors Inc. now owns 336 shares of the construction company’s stock valued at $25,000 after acquiring an additional 259 shares during the last quarter. First Financial Corp IN purchased a new stake in shares of CRH during the 1st quarter valued at $26,000. NBC Securities Inc. raised its stake in shares of CRH by 71.5% during the 1st quarter. NBC Securities Inc. now owns 415 shares of the construction company’s stock worth $35,000 after purchasing an additional 173 shares during the period. Rothschild Investment LLC purchased a new position in shares of CRH in the 2nd quarter worth about $43,000. Finally, Richardson Financial Services Inc. bought a new position in CRH during the fourth quarter valued at about $47,000. Institutional investors own 62.50% of the company’s stock.

CRH Trading Up 1.0 %

Shares of CRH opened at $87.49 on Monday. CRH plc has a twelve month low of $51.59 and a twelve month high of $91.02. The business’s 50-day moving average price is $83.30 and its 200-day moving average price is $81.51.

CRH (NYSE:CRH) last posted its earnings results on Thursday, August 8th. The construction company reported $1.85 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.85. The firm had revenue of $9.65 billion for the quarter, compared to the consensus estimate of $10.16 billion. As a group, equities research analysts forecast that CRH plc will post 5.45 EPS for the current year.

CRH Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Friday, August 23rd will be issued a $0.35 dividend. The ex-dividend date is Friday, August 23rd. This represents a dividend yield of 1.7%.

Wall Street Analysts Forecast Growth

CRH has been the topic of a number of research analyst reports. DA Davidson boosted their target price on shares of CRH from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Truist Financial increased their price objective on CRH from $100.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 9th. Stephens started coverage on CRH in a research note on Tuesday, June 18th. They issued an “overweight” rating and a $95.00 target price on the stock. Citigroup cut their price target on CRH from $109.00 to $99.00 and set a “buy” rating for the company in a research note on Thursday, July 11th. Finally, StockNews.com cut CRH from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, CRH presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.70.

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.