Little House Capital LLC Buys New Holdings in CRH plc (NYSE:CRH)

Little House Capital LLC purchased a new position in shares of CRH plc (NYSE:CRH - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,906 shares of the construction company's stock, valued at approximately $824,000.

Other institutional investors have also modified their holdings of the company. Deseret Mutual Benefit Administrators acquired a new stake in shares of CRH in the third quarter valued at about $25,000. Heck Capital Advisors LLC acquired a new stake in CRH during the fourth quarter worth about $32,000. Meeder Asset Management Inc. purchased a new position in CRH during the third quarter worth about $35,000. Baillie Gifford & Co. boosted its holdings in CRH by 70.7% in the 3rd quarter. Baillie Gifford & Co. now owns 391 shares of the construction company's stock valued at $36,000 after purchasing an additional 162 shares during the last quarter. Finally, Spire Wealth Management purchased a new stake in shares of CRH in the 4th quarter valued at approximately $57,000. Hedge funds and other institutional investors own 62.50% of the company's stock.

CRH Stock Performance

Shares of NYSE:CRH traded down $4.51 during trading on Wednesday, hitting $106.00. The company's stock had a trading volume of 6,098,595 shares, compared to its average volume of 4,032,772. CRH plc has a fifty-two week low of $71.18 and a fifty-two week high of $110.97. The business has a 50 day moving average price of $97.70 and a two-hundred day moving average price of $94.22. The company has a market capitalization of $71.99 billion, a PE ratio of 21.20, a P/E/G ratio of 1.21 and a beta of 1.30.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. StockNews.com raised shares of CRH from a "hold" rating to a "buy" rating in a research report on Monday, November 11th. Morgan Stanley upped their price target on CRH from $95.00 to $104.00 and gave the company an "overweight" rating in a research note on Monday, November 11th. Citigroup cut their price objective on CRH from $120.00 to $115.00 and set a "buy" rating for the company in a research report on Monday, January 6th. JPMorgan Chase & Co. increased their target price on shares of CRH from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. Finally, Hsbc Global Res raised shares of CRH to a "strong-buy" rating in a research note 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 company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $107.75.

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.