10,574 Shares in CRH plc (NYSE:CRH) Bought by Profund Advisors LLC

Posted by Defense World Staff on Apr 23rd, 2023

Profund Advisors LLC bought a new stake in shares of CRH plc (NYSE:CRH – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,574 shares of the construction company’s stock, valued at approximately $421,000.

Other institutional investors also recently bought and sold shares of the company. Crossmark Global Holdings Inc. grew its position in CRH by 0.5% during the third quarter. Crossmark Global Holdings Inc. now owns 63,883 shares of the construction company’s stock worth $2,059,000 after buying an additional 305 shares in the last quarter. Exencial Wealth Advisors LLC grew its holdings in shares of CRH by 5.7% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 7,100 shares of the construction company’s stock valued at $229,000 after buying an additional 382 shares during the period. Truist Financial Corp grew its holdings in shares of CRH by 1.6% in the 3rd quarter. Truist Financial Corp now owns 26,535 shares of the construction company’s stock valued at $855,000 after buying an additional 428 shares during the period. Schechter Investment Advisors LLC grew its holdings in shares of CRH by 4.3% in the 3rd quarter. Schechter Investment Advisors LLC now owns 11,049 shares of the construction company’s stock valued at $356,000 after buying an additional 458 shares during the period. Finally, Naviter Wealth LLC grew its holdings in shares of CRH by 6.8% in the 3rd quarter. Naviter Wealth LLC now owns 7,333 shares of the construction company’s stock valued at $238,000 after buying an additional 465 shares during the period. 5.51% of the stock is currently owned by institutional investors.

CRH Stock Performance

Shares of NYSE:CRH opened at $49.43 on Friday. The firm’s fifty day moving average is $48.95 and its 200-day moving average is $43.12. The company has a current ratio of 1.67, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. CRH plc has a 52 week low of $31.22 and a 52 week high of $52.20.

CRH Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, May 11th. Stockholders of record on Friday, March 17th will be issued a dividend of $1.03 per share. The ex-dividend date is Thursday, March 16th. This represents a dividend yield of 2.3%. This is a positive change from CRH’s previous Semi-Annual dividend of $0.24.

Analyst Upgrades and Downgrades

CRH has been the subject of a number of research analyst reports. Redburn Partners raised shares of CRH from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 3rd. StockNews.com initiated coverage on shares of CRH in a research note on Thursday, March 16th. They issued a “strong-buy” rating for the company. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, CRH currently has an average rating of “Buy” and an average target price of $47.33.

CRH Profile

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CRH Plc manufactures and distributes building materials and products for the construction industry. It operates business through the following segments: Americas Materials, Europe Materials, and Building Products. The Americas Materials segment provides asphalt paving services and produces materials such as cement, aggregates, ready mixed concrete, and asphalt.

10,574 Shares in CRH plc (NYSE:CRH) Bought by Profund Advisors LLC

CRH Stock Performance

CRH Increases Dividend

Analyst Upgrades and Downgrades

CRH Profile

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