Diversified Trust Co Has $1.14 Million Stock Holdings in CRH plc (NYSE:CRH)

Diversified Trust Co decreased its holdings in shares of CRH plc (NYSE:CRH - Free Report) by 36.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,313 shares of the construction company's stock after selling 7,106 shares during the quarter. Diversified Trust Co's holdings in CRH were worth $1,139,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of CRH. Commonwealth Equity Services LLC grew its holdings in shares of CRH by 4.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 40,243 shares of the construction company's stock valued at $3,017,000 after acquiring an additional 1,618 shares in the last quarter. Victory Capital Management Inc. acquired a new position in CRH in the 2nd quarter worth about $206,000. Choreo LLC purchased a new stake in shares of CRH during the 2nd quarter worth about $644,000. Daiwa Securities Group Inc. acquired a new stake in shares of CRH during the 2nd quarter valued at about $4,672,000. Finally, AGF Management Ltd. bought a new stake in shares of CRH in the 2nd quarter valued at approximately $1,788,000. 62.50% of the stock is owned by institutional investors and hedge funds.

CRH Stock Up 0.1 %

NYSE CRH traded up $0.05 during trading on Thursday, hitting $92.37. The company's stock had a trading volume of 3,676,691 shares, compared to its average volume of 3,014,891. CRH plc has a 52 week low of $66.42 and a 52 week high of $104.23. The firm has a market cap of $62.74 billion, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 1.25 and a beta of 1.31. The firm has a 50 day moving average price of $97.84 and a 200 day moving average price of $89.67.

CRH Cuts Dividend

The business also recently announced a Variable dividend, which was paid on Wednesday, December 18th. Investors of record on Friday, November 22nd were given a dividend of $0.262 per share. This represents a yield of 1.4%. The ex-dividend date of this dividend was Friday, November 22nd. CRH's dividend payout ratio (DPR) is currently 21.00%.

Analysts Set New Price Targets

CRH has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price objective on shares of CRH from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. DA Davidson raised their price target on shares of CRH from $110.00 to $120.00 and gave the company a "buy" rating in a report on Monday, November 11th. Truist Financial upped their price objective on shares of CRH from $110.00 to $120.00 and gave the stock a "buy" rating in a report on Friday, November 8th. StockNews.com upgraded CRH from a "hold" rating to a "buy" rating in a report on Monday, November 11th. Finally, Morgan Stanley boosted their price target on CRH from $95.00 to $104.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $107.75.

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.