GSA Capital Partners LLP Has $1.69 Million Stock Holdings in CRH plc (NYSE:CRH)

GSA Capital Partners LLP boosted its position in shares of CRH plc (NYSE:CRH - Free Report) by 284.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,220 shares of the construction company's stock after purchasing an additional 13,479 shares during the quarter. GSA Capital Partners LLP's holdings in CRH were worth $1,690,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CRH. Grove Bank & Trust lifted its holdings in CRH by 9.5% during the third quarter. Grove Bank & Trust now owns 1,419 shares of the construction company's stock worth $132,000 after buying an additional 123 shares during the period. UMB Bank n.a. grew its position in shares of CRH by 72.7% in the 3rd quarter. UMB Bank n.a. now owns 297 shares of the construction company's stock worth $28,000 after buying an additional 125 shares during the last quarter. CVA Family Office LLC lifted its position in CRH by 2.1% during the third quarter. CVA Family Office LLC now owns 6,116 shares of the construction company's stock valued at $567,000 after acquiring an additional 128 shares during the last quarter. Lindbrook Capital LLC increased its position in shares of CRH by 2.9% during the third quarter. Lindbrook Capital LLC now owns 4,815 shares of the construction company's stock worth $447,000 after purchasing an additional 135 shares in the last quarter. Finally, Gallacher Capital Management LLC increased its position in CRH by 3.2% during the 2nd quarter. Gallacher Capital Management LLC now owns 5,997 shares of the construction company's stock valued at $450,000 after buying an additional 188 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on CRH. HSBC assumed coverage on shares of CRH in a research report on Monday. They issued a "buy" rating and a $116.00 price objective for the company. StockNews.com upgraded shares of CRH from a "hold" rating to a "buy" rating in a research report on Monday. Truist Financial lifted their target price on shares of CRH from $110.00 to $120.00 and gave the company a "buy" rating in a report on Friday, November 8th. DA Davidson lifted their target price on CRH from $110.00 to $120.00 and gave the company a "buy" rating in a research report on Monday. Finally, Hsbc Global Res raised shares of CRH to a "strong-buy" rating in a research report on Monday. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $105.55.

CRH Stock Performance

Shares of CRH stock traded down $0.97 during trading on Wednesday, hitting $99.18. 2,940,208 shares of the stock traded hands, compared to its average volume of 4,891,577. The stock has a market cap of $67.71 billion, a P/E ratio of 19.97, a PEG ratio of 1.45 and a beta of 1.29. The company has a fifty day moving average price of $91.92 and a two-hundred day moving average price of $84.52. CRH plc has a twelve month low of $58.57 and a twelve month high of $102.51.

CRH Cuts Dividend

The company also recently announced a Variable dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.262 per share. The ex-dividend date is Friday, November 22nd. This represents a dividend yield of 1.4%. CRH's payout ratio is currently 32.00%.

About CRH

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.