Raiffeisen Bank International AG Acquires 512 Shares of Crh Plc (NYSE:CRH)

Raiffeisen Bank International AG lifted its holdings in Crh Plc (NYSE:CRH) by 0.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,587 shares of the construction company’s stock after buying an additional 512 shares during the period. Raiffeisen Bank International AG’s holdings in CRH were worth $8,684,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. FMR LLC grew its holdings in CRH by 13.0% during the 4th quarter. FMR LLC now owns 40,843,362 shares of the construction company’s stock valued at $3,781,004,000 after purchasing an additional 4,687,345 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in CRH by 43.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 10,303,788 shares of the construction company’s stock valued at $906,424,000 after purchasing an additional 3,108,416 shares during the last quarter. Deutsche Bank AG grew its holdings in CRH by 72.2% during the 4th quarter. Deutsche Bank AG now owns 4,717,597 shares of the construction company’s stock valued at $436,472,000 after purchasing an additional 1,978,225 shares during the last quarter. D. E. Shaw & Co. Inc. grew its holdings in CRH by 931.3% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,977,992 shares of the construction company’s stock valued at $183,004,000 after purchasing an additional 1,786,189 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in CRH by 43.5% during the 4th quarter. Millennium Management LLC now owns 4,813,580 shares of the construction company’s stock valued at $445,352,000 after purchasing an additional 1,458,303 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.

CRH Stock Down 0.1%

NYSE CRH opened at $95.31 on Monday. The firm has a market cap of $64.40 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a 50 day moving average price of $93.24 and a 200 day moving average price of $94.81. Crh Plc has a 52 week low of $74.03 and a 52 week high of $110.97.

CRH (NYSE:CRH) last posted its quarterly earnings data on Monday, May 5th. The construction company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.06). The firm had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.77 billion. CRH had a return on equity of 15.88% and a net margin of 9.17%. On average, equities research analysts anticipate that Crh Plc will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Loop Capital assumed coverage on shares of CRH in a report on Wednesday, April 9th. They set a “buy” rating and a $114.00 price target on the stock. Royal Bank Of Canada lowered their price objective on shares of CRH from $127.00 to $108.00 and set an “outperform” rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group reissued a “neutral” rating on shares of CRH in a research report on Tuesday, May 6th. DA Davidson reissued a “neutral” rating and issued a $105.00 price objective (down from $120.00) on shares of CRH in a research report on Thursday, July 10th. Finally, Sanford C. Bernstein assumed coverage on shares of CRH in a research report on Tuesday, May 13th. They issued an “outperform” rating and a $115.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.82.

CRH Company Profile

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.