Boston Common Asset Management LLC Has $21.72 Million Position in CRH plc (NYSE:CRH)

Boston Common Asset Management LLC increased its holdings in shares of CRH plc (NYSE:CRH) by 77.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,806 shares of the construction company’s stock after purchasing an additional 102,232 shares during the period. Boston Common Asset Management LLC’s holdings in CRH were worth $21,724,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Grove Bank & Trust raised 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 acquiring an additional 123 shares during the period. UMB Bank n.a. increased its holdings in CRH by 72.7% during the 3rd quarter. UMB Bank n.a. now owns 297 shares of the construction company’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. CVA Family Office LLC raised its stake in shares of CRH by 2.1% in the 3rd quarter. CVA Family Office LLC now owns 6,116 shares of the construction company’s stock valued at $567,000 after purchasing an additional 128 shares during the period. Lindbrook Capital LLC lifted its holdings in shares of CRH by 2.9% in the third quarter. Lindbrook Capital LLC now owns 4,815 shares of the construction company’s stock valued at $447,000 after purchasing an additional 135 shares in the last quarter. Finally, Baillie Gifford & Co. boosted its position in shares of CRH by 70.7% during the third quarter. Baillie Gifford & Co. now owns 391 shares of the construction company’s stock worth $36,000 after buying an additional 162 shares during the period. 62.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on CRH shares. Citigroup cut their target price on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. increased their target price on shares of CRH from $114.00 to $116.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. DA Davidson raised their target price on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Truist Financial boosted their price target on shares of CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Barclays initiated coverage on CRH in a report on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 price objective for the company. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $107.75.

CRH Trading Up 2.2 %

NYSE:CRH traded up $2.08 on Friday, hitting $97.67. The company’s stock had a trading volume of 323,144 shares, compared to its average volume of 2,907,412. CRH plc has a one year low of $68.15 and a one year high of $104.23. The firm has a market capitalization of $66.33 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 1.00 and a beta of 1.31. The stock has a fifty day moving average of $97.53 and a two-hundred day moving average of $90.31.

CRH Cuts Dividend

The firm also recently declared a Variable dividend, which was paid on Wednesday, December 18th. Investors of record on Friday, November 22nd were paid a $0.262 dividend. 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 presently 21.00%.

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.