EverSource Wealth Advisors LLC Has $54,000 Stock Holdings in CRH plc (NYSE:CRH)

EverSource Wealth Advisors LLC raised its stake in shares of CRH plc (NYSE:CRHFree Report) by 30.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 783 shares of the construction company’s stock after purchasing an additional 183 shares during the period. EverSource Wealth Advisors LLC’s holdings in CRH were worth $54,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC acquired a new position in CRH during the third quarter valued at approximately $941,562,000. International Assets Investment Management LLC acquired a new position in CRH during the fourth quarter valued at approximately $3,358,000. Vanguard Group Inc. acquired a new position in CRH during the third quarter valued at approximately $1,484,901,000. Asio Capital LLC grew its stake in shares of CRH by 75.3% in the fourth quarter. Asio Capital LLC now owns 54,015 shares of the construction company’s stock worth $3,736,000 after acquiring an additional 23,205 shares during the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in shares of CRH in the fourth quarter worth $692,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CRH. Royal Bank of Canada began coverage on shares of CRH in a research note on Tuesday, May 14th. They issued an “outperform” rating and a $110.00 price objective on the stock. Truist Financial raised their price objective on shares of CRH from $95.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, May 13th. Jefferies Financial Group raised their price objective on shares of CRH from $89.70 to $100.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. Stifel Nicolaus restated a “hold” rating and issued a $82.00 price objective (up previously from $80.00) on shares of CRH in a research note on Monday, April 15th. Finally, Citigroup raised their price objective on shares of CRH from $101.00 to $106.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $83.28.

Get Our Latest Research Report on CRH

CRH Stock Up 1.9 %

Shares of CRH stock opened at $81.94 on Tuesday. CRH plc has a one year low of $47.14 and a one year high of $88.00. The stock has a fifty day moving average price of $82.10 and a 200 day moving average price of $74.67.

CRH (NYSE:CRHGet Free Report) last issued its earnings results on Friday, May 10th. The construction company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.04. The firm had revenue of $6.53 billion during the quarter, compared to the consensus estimate of $6.60 billion. On average, research analysts forecast that CRH plc will post 5.36 EPS for the current fiscal year.

CRH Increases Dividend

The company also recently announced a Variable dividend, which will be paid on Wednesday, June 26th. Investors of record on Friday, May 24th will be given a $0.35 dividend. This is a boost from CRH’s previous Variable dividend of $0.23. This represents a yield of 1.7%. The ex-dividend date of this dividend is Thursday, May 23rd.

About CRH

(Free Report)

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.

See Also

Institutional Ownership by Quarter for CRH (NYSE:CRH)

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