OLD National Bancorp IN Has $1.07 Million Stake in CRH plc (NYSE:CRH)

OLD National Bancorp IN decreased its holdings in shares of CRH plc (NYSE:CRHFree Report) by 15.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,030 shares of the construction company’s stock after selling 3,820 shares during the quarter. OLD National Bancorp IN’s holdings in CRH were worth $1,070,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Janiczek Wealth Management LLC grew its position in shares of CRH by 39.4% during the 4th quarter. Janiczek Wealth Management LLC now owns 3,265 shares of the construction company’s stock worth $146,000 after buying an additional 922 shares during the period. Ballentine Partners LLC bought a new position in CRH during the 4th quarter worth approximately $486,000. Ritholtz Wealth Management bought a new position in CRH during the 4th quarter worth approximately $872,000. Conning Inc. boosted its stake in CRH by 38.9% during the 4th quarter. Conning Inc. now owns 46,054 shares of the construction company’s stock worth $1,832,000 after acquiring an additional 12,892 shares during the last quarter. Finally, Renaissance Investment Group LLC boosted its stake in CRH by 56.6% during the 1st quarter. Renaissance Investment Group LLC now owns 93,570 shares of the construction company’s stock worth $4,760,000 after acquiring an additional 33,826 shares during the last quarter. Institutional investors and hedge funds own 6.03% of the company’s stock.

CRH Stock Performance

Shares of CRH opened at $55.73 on Monday. The firm’s 50 day moving average price is $50.18 and its two-hundred day moving average price is $47.81. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.67. The firm has a market cap of $40.79 billion, a P/E ratio of 12.96, a PEG ratio of 1.32 and a beta of 1.13. CRH plc has a twelve month low of $31.22 and a twelve month high of $55.91.

Wall Street Analysts Forecast Growth

CRH has been the topic of several recent analyst reports. StockNews.com raised shares of CRH from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 3rd. Redburn Partners initiated coverage on shares of CRH in a research note on Thursday, June 15th. They set a “buy” rating and a $6.50 price objective on the stock.

CRH Company Profile

(Free Report)

CRH plc, through its subsidiaries, manufactures and distributes building materials in Ireland and internationally. It operates through three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, kerbs, retaining walls, and related patio products; It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as engineered anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications.

See Also

Institutional Ownership by Quarter for CRH (NYSE:CRH)

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