Signaturefd LLC Buys 4,599 Shares of CRH plc (NYSE:CRH)

Signaturefd LLC raised its holdings in shares of CRH plc (NYSE:CRH) by 40.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,923 shares of the construction company’s stock after purchasing an additional 4,599 shares during the quarter. Signaturefd LLC’s holdings in CRH were worth $1,101,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pinnacle Bancorp Inc. bought a new position in CRH in the 4th quarter worth about $30,000. UMB Bank n.a. bought a new position in CRH in the 4th quarter valued at $33,000. WASHINGTON TRUST Co bought a new position in CRH in the 4th quarter valued at $35,000. Chilton Capital Management LLC bought a new position in shares of CRH in the fourth quarter worth $35,000. Finally, Allworth Financial LP raised its position in shares of CRH by 59.3% in the third quarter. Allworth Financial LP now owns 776 shares of the construction company’s stock worth $42,000 after buying an additional 289 shares in the last quarter. 62.50% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Stifel Nicolaus restated a “hold” rating and set a $82.00 target price (up from $80.00) on shares of CRH in a research report on Monday, April 15th. StockNews.com raised CRH from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 27th. Vertical Research started coverage on shares of CRH in a research note on Friday, March 22nd. They issued a “buy” rating and a $105.00 target price on the stock. DA Davidson initiated coverage on shares of CRH in a research report on Friday, January 19th. They set a “buy” rating and a $82.00 target price for the company. Finally, Jefferies Financial Group increased their price target on shares of CRH from $89.70 to $100.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, CRH currently has a consensus rating of “Moderate Buy” and an average target price of $79.31.

CRH Stock Up 0.7 %

Shares of CRH stock opened at $77.60 on Tuesday. The company has a fifty day moving average of $82.01 and a 200-day moving average of $70.37. CRH plc has a 52-week low of $47.14 and a 52-week high of $88.00.

CRH Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Wednesday, April 17th. Shareholders of record on Friday, March 15th were given a dividend of $0.262 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a yield of 2%.

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.