CRH plc (NYSE:CRH) Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc trimmed its stake in shares of CRH plc (NYSE:CRH) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,246 shares of the construction company’s stock after selling 614 shares during the period. Marks Group Wealth Management Inc’s holdings in CRH were worth $1,040,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Compound Global Advisors LLC purchased a new stake in CRH in the 4th quarter worth approximately $435,000. Essex Financial Services Inc. lifted its stake in shares of CRH by 18.3% in the 4th quarter. Essex Financial Services Inc. now owns 4,778 shares of the construction company’s stock valued at $442,000 after purchasing an additional 739 shares during the period. Summit Trail Advisors LLC purchased a new stake in CRH during the fourth quarter worth $207,000. Savant Capital LLC grew its position in CRH by 17.0% during the fourth quarter. Savant Capital LLC now owns 3,042 shares of the construction company’s stock valued at $281,000 after buying an additional 442 shares during the period. Finally, Washburn Capital Management Inc. purchased a new position in CRH in the fourth quarter valued at $254,000. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CRH. Hsbc Global Res raised shares of CRH to a “strong-buy” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. increased their price target on CRH from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Barclays assumed coverage on CRH in a report on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 price objective on the stock. Citigroup reduced their target price on CRH from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Finally, Truist Financial lifted their price target on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $107.75.

CRH Stock Up 1.3 %

CRH stock opened at $104.33 on Thursday. The company has a fifty day simple moving average of $97.10 and a 200-day simple moving average of $93.34. The firm has a market capitalization of $70.86 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 1.18 and a beta of 1.30. CRH plc has a 52-week low of $71.18 and a 52-week high of $105.58.

CRH 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.