CRH plc (NYSE:CRH) Holdings Lowered by Jump Financial LLC

Jump Financial LLC lessened its position in CRH plc (NYSE:CRH - Free Report) by 52.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,739 shares of the construction company's stock after selling 20,308 shares during the period. Jump Financial LLC's holdings in CRH were worth $1,734,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bridgewater Associates LP boosted its holdings in shares of CRH by 252.2% in the 4th quarter. Bridgewater Associates LP now owns 85,155 shares of the construction company's stock valued at $7,879,000 after purchasing an additional 60,974 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of CRH in the 4th quarter worth $597,000. Tribune Investment Group LP purchased a new position in shares of CRH in the 4th quarter worth $4,811,000. XTX Topco Ltd boosted its holdings in CRH by 231.9% in the fourth quarter. XTX Topco Ltd now owns 13,310 shares of the construction company's stock valued at $1,231,000 after acquiring an additional 9,300 shares during the last quarter. Finally, Mariner LLC grew its position in CRH by 8.7% during the fourth quarter. Mariner LLC now owns 73,254 shares of the construction company's stock valued at $6,777,000 after acquiring an additional 5,851 shares during the period. Hedge funds and other institutional investors own 62.50% of the company's stock.

CRH Price Performance

Shares of CRH stock traded up $2.17 during trading on Wednesday, hitting $87.89. The stock had a trading volume of 6,540,707 shares, compared to its average volume of 5,662,969. CRH plc has a fifty-two week low of $71.18 and a fifty-two week high of $110.97. The firm has a market cap of $59.44 billion, a P/E ratio of 17.58, a PEG ratio of 1.15 and a beta of 1.30. The business has a fifty day moving average of $93.78 and a two-hundred day moving average of $95.95.

CRH Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Investors of record on Friday, March 14th were issued a $0.37 dividend. This is an increase from CRH's previous quarterly dividend of $0.23. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Friday, March 14th. CRH's payout ratio is presently 22.66%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CRH shares. Berenberg Bank set a $120.00 target price on shares of CRH in a research report on Friday, February 28th. StockNews.com raised shares of CRH from a "hold" rating to a "buy" rating in a research report on Thursday, February 27th. Citigroup reduced their target price on shares of CRH from $120.00 to $115.00 and set a "buy" rating on the stock in a report on Monday, January 6th. Loop Capital started coverage on CRH in a research report on Wednesday, April 9th. They issued a "buy" rating and a $114.00 price objective on the stock. Finally, Royal Bank of Canada decreased their target price on CRH from $127.00 to $108.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. Eleven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $112.36.

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.