Dynasty Wealth Management LLC Purchases 504 Shares of CRH plc (NYSE:CRH)

Dynasty Wealth Management LLC increased its holdings in shares of CRH plc (NYSE:CRH) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,122 shares of the construction company’s stock after acquiring an additional 504 shares during the period. Dynasty Wealth Management LLC’s holdings in CRH were worth $1,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRH. Anchor Capital Advisors LLC grew its stake in shares of CRH by 4.0% during the fourth quarter. Anchor Capital Advisors LLC now owns 725,660 shares of the construction company’s stock valued at $67,138,000 after purchasing an additional 28,173 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in CRH by 24.5% during the 4th quarter. QRG Capital Management Inc. now owns 7,281 shares of the construction company’s stock worth $674,000 after buying an additional 1,431 shares in the last quarter. Proficio Capital Partners LLC bought a new position in CRH in the 4th quarter valued at $69,000. Lineweaver Wealth Advisors LLC acquired a new stake in shares of CRH in the 4th quarter valued at $227,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of CRH in the 4th quarter valued at $38,000. 62.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on CRH shares. Truist Financial raised their price objective on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Hsbc Global Res upgraded shares of CRH to a “strong-buy” rating in a research report on Monday, November 11th. HSBC began coverage on CRH in a report on Monday, November 11th. They set a “buy” rating and a $116.00 target price on the stock. Citigroup lowered their price target on CRH from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, January 6th. Finally, DA Davidson lifted their price objective on CRH from $110.00 to $120.00 and gave the company a “buy” rating in a report on Monday, November 11th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, CRH has a consensus rating of “Buy” and a consensus price target of $107.75.

CRH Stock Down 0.6 %

NYSE CRH opened at $101.68 on Friday. CRH plc has a 12-month low of $71.18 and a 12-month high of $110.97. The firm’s 50 day moving average is $98.42 and its 200-day moving average is $95.12. The company has a market capitalization of $69.06 billion, a PE ratio of 20.34, a price-to-earnings-growth ratio of 1.15 and a beta of 1.30.

CRH Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Friday, March 14th will be paid a $0.37 dividend. This is a positive change from CRH’s previous dividend of $0.23. The ex-dividend date is Friday, March 14th. CRH’s payout ratio is presently 21.00%.

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.