New York State Common Retirement Fund Sells 27,726 Shares of CRH plc (NYSE:CRH)

New York State Common Retirement Fund decreased its stake in shares of CRH plc (NYSE:CRH - Free Report) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 747,185 shares of the construction company's stock after selling 27,726 shares during the quarter. New York State Common Retirement Fund owned about 0.11% of CRH worth $69,130,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of CRH during the 4th quarter worth approximately $2,335,000. Atria Wealth Solutions Inc. increased its position in shares of CRH by 79.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 6,208 shares of the construction company's stock worth $574,000 after purchasing an additional 2,754 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of CRH by 5.0% during the 4th quarter. D.A. Davidson & CO. now owns 9,199 shares of the construction company's stock worth $851,000 after purchasing an additional 437 shares during the last quarter. Truist Financial Corp increased its position in shares of CRH by 8.8% during the 4th quarter. Truist Financial Corp now owns 206,266 shares of the construction company's stock worth $19,084,000 after purchasing an additional 16,663 shares during the last quarter. Finally, CIBC Asset Management Inc increased its position in shares of CRH by 13.6% during the 4th quarter. CIBC Asset Management Inc now owns 27,836 shares of the construction company's stock worth $2,575,000 after purchasing an additional 3,326 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CRH shares. StockNews.com lowered CRH from a "buy" rating to a "hold" rating in a research report on Wednesday. Citigroup decreased their target price on CRH from $120.00 to $115.00 and set a "buy" rating on the stock in a report on Monday, January 6th. DA Davidson boosted their target price on CRH from $110.00 to $120.00 and gave the stock a "buy" rating in a report on Monday, November 11th. JPMorgan Chase & Co. boosted their target price on CRH from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Wednesday, November 20th. Finally, HSBC initiated coverage on CRH in a report on Monday, November 11th. They set a "buy" rating and a $116.00 target price on the stock. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, CRH presently has an average rating of "Moderate Buy" and a consensus target price of $107.75.

CRH Price Performance

CRH traded down $2.33 during trading on Friday, hitting $100.26. The stock had a trading volume of 7,263,437 shares, compared to its average volume of 4,483,675. The company has a 50 day moving average price of $97.97 and a 200-day moving average price of $94.52. The firm has a market cap of $68.09 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 1.15 and a beta of 1.30. CRH plc has a one year low of $71.18 and a one year high of $110.97.

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.