First Hawaiian Bank decreased its holdings in shares of CRH plc (NYSE:CRH – Free Report) by 29.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,068 shares of the construction company’s stock after selling 2,073 shares during the quarter. First Hawaiian Bank’s holdings in CRH were worth $258,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of CRH. JPMorgan Chase & Co. increased its position in CRH by 0.3% during the first quarter. JPMorgan Chase & Co. now owns 269,338 shares of the construction company’s stock worth $10,790,000 after purchasing an additional 724 shares during the last quarter. Bank of New York Mellon Corp increased its position in CRH by 0.8% during the first quarter. Bank of New York Mellon Corp now owns 262,579 shares of the construction company’s stock worth $10,519,000 after purchasing an additional 2,011 shares during the last quarter. American Century Companies Inc. acquired a new stake in CRH during the first quarter worth about $1,541,000. Bank of Montreal Can increased its position in CRH by 3.1% during the first quarter. Bank of Montreal Can now owns 27,121 shares of the construction company’s stock worth $1,113,000 after purchasing an additional 816 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in CRH by 24.6% during the first quarter. Prudential Financial Inc. now owns 8,328 shares of the construction company’s stock worth $334,000 after purchasing an additional 1,643 shares during the last quarter. Hedge funds and other institutional investors own 6.03% of the company’s stock.
CRH Trading Up 1.5 %
Shares of CRH stock opened at $55.73 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.67 and a quick ratio of 1.19. The firm has a market cap of $40.79 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.32 and a beta of 1.13. The company has a 50-day moving average of $50.18 and a two-hundred day moving average of $47.81. CRH plc has a 1-year low of $31.22 and a 1-year high of $55.91.
Wall Street Analyst Weigh In
CRH Profile
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.
Recommended Stories
- Five stocks we like better than CRH
- MarketBeat Week in Review – 6/26 – 6/30
- Tesla: Can Downgrades Make Sense After A 170% Rally?
- Buffett’s Berkshire Increases Stake In Occidental Petroleum (OXY)
- Rally Gains Momentum On Soft PCE Data
- Bank of America, JPMorgan, Goldman Sachs Set For Dividend Growth?
Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.
