10,000 Shares in CRH plc (NYSE:CRH) Purchased by James Hambro & Partners LLP

James Hambro & Partners LLP bought a new stake in shares of CRH plc (NYSE:CRH) in the fourth quarter, Holdings Channel reports. The fund bought 10,000 shares of the construction company’s stock, valued at approximately $926,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CRH. Arkadios Wealth Advisors raised its stake in CRH by 4.9% in the 4th quarter. Arkadios Wealth Advisors now owns 2,335 shares of the construction company’s stock valued at $216,000 after purchasing an additional 109 shares during the last quarter. Grove Bank & Trust grew its holdings in shares of CRH by 9.5% during the third quarter. Grove Bank & Trust now owns 1,419 shares of the construction company’s stock worth $132,000 after buying an additional 123 shares in the last quarter. UMB Bank n.a. raised its position in shares of CRH by 72.7% in the third quarter. UMB Bank n.a. now owns 297 shares of the construction company’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. CVA Family Office LLC lifted its stake in shares of CRH by 2.1% in the third quarter. CVA Family Office LLC now owns 6,116 shares of the construction company’s stock worth $567,000 after buying an additional 128 shares in the last quarter. Finally, Lindbrook Capital LLC boosted its position in CRH by 2.9% during the third quarter. Lindbrook Capital LLC now owns 4,815 shares of the construction company’s stock worth $447,000 after acquiring an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of CRH stock opened at $101.36 on Monday. The firm has a market cap of $68.85 billion, a P/E ratio of 20.27, a P/E/G ratio of 1.09 and a beta of 1.31. The firm’s 50 day moving average price is $97.35 and its 200-day moving average price is $91.65. CRH plc has a one year low of $68.76 and a one year high of $104.23.

CRH Cuts Dividend

The company also recently declared a Variable dividend, which was paid on Wednesday, December 18th. Shareholders of record on Friday, November 22nd were paid a dividend of $0.262 per share. This represents a yield of 1.4%. The ex-dividend date of this dividend was Friday, November 22nd. CRH’s dividend payout ratio (DPR) is 21.00%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on CRH shares. Truist Financial raised their target price on shares of CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Hsbc Global Res upgraded CRH to a “strong-buy” rating in a research report on Monday, November 11th. HSBC assumed coverage on CRH in a report on Monday, November 11th. They issued a “buy” rating and a $116.00 target price for the company. Citigroup reduced their price target on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, StockNews.com upgraded shares of CRH from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price 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.