Mission Wealth Management LP Invests $215,000 in Crh Plc (NYSE:CRH)

Mission Wealth Management LP purchased a new stake in Crh Plc (NYSE:CRH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,955 shares of the construction company’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Horrell Capital Management Inc. grew its position in shares of CRH by 0.9% during the second quarter. Horrell Capital Management Inc. now owns 31,428 shares of the construction company’s stock worth $1,078,000 after buying an additional 267 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in CRH by 0.8% in the second quarter. Rockefeller Capital Management L.P. now owns 47,114 shares of the construction company’s stock worth $1,616,000 after purchasing an additional 372 shares during the period. Envestnet Asset Management Inc. boosted its holdings in CRH by 0.3% in the third quarter. Envestnet Asset Management Inc. now owns 161,681 shares of the construction company’s stock worth $5,835,000 after purchasing an additional 435 shares during the period. Lindbrook Capital LLC boosted its holdings in CRH by 75.8% in the second quarter. Lindbrook Capital LLC now owns 1,171 shares of the construction company’s stock worth $40,000 after purchasing an additional 505 shares during the period. Finally, Advisor Group Holdings Inc. boosted its holdings in CRH by 3.6% in the second quarter. Advisor Group Holdings Inc. now owns 19,462 shares of the construction company’s stock worth $664,000 after purchasing an additional 673 shares during the period. Hedge funds and other institutional investors own 4.29% of the company’s stock.

NYSE:CRH opened at $38.31 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.32 and a quick ratio of 1.94. Crh Plc has a fifty-two week low of $17.73 and a fifty-two week high of $40.88. The stock’s 50-day moving average is $37.36 and its two-hundred day moving average is $34.39. The stock has a market cap of $30.03 billion, a PE ratio of 14.96 and a beta of 1.01.

Several equities analysts have recently issued reports on CRH shares. Bloom Burton reissued a “buy” rating on shares of CRH in a report on Friday, August 14th. JPMorgan Chase & Co. restated an “overweight” rating on shares of CRH in a research note on Wednesday, August 12th. Credit Suisse Group upgraded shares of CRH from a “neutral” rating to an “outperform” rating in a research report on Thursday, July 2nd. Barclays reiterated an “underweight” rating on shares of CRH in a research report on Thursday, September 10th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of CRH in a research report on Friday, August 21st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. CRH has a consensus rating of “Hold” and an average target price of $43.00.

About CRH

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, readymixed and precast concrete, and asphalt products; and construction accessories, architectural products, shutters and awnings, and perimeter protection and network access products.

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Institutional Ownership by Quarter for CRH (NYSE:CRH)

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