PNC Financial Services Group Inc. raised its stake in Crh Plc (NYSE:CRH) by 749.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 30,396 shares of the company’s stock after buying an additional 26,816 shares during the period. PNC Financial Services Group Inc.’s holdings in Crh Plc were worth $900,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CRH. Checchi Capital Advisers LLC boosted its position in Crh Plc by 1.9% in the second quarter. Checchi Capital Advisers LLC now owns 4,213 shares of the company’s stock valued at $125,000 after buying an additional 78 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in Crh Plc by 0.9% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,597 shares of the company’s stock valued at $158,000 after buying an additional 49 shares in the last quarter. BTC Capital Management Inc. boosted its position in Crh Plc by 7.9% in the second quarter. BTC Capital Management Inc. now owns 8,357 shares of the company’s stock valued at $249,000 after buying an additional 612 shares in the last quarter. Rehmann Capital Advisory Group boosted its position in Crh Plc by 1.4% in the first quarter. Rehmann Capital Advisory Group now owns 11,166 shares of the company’s stock valued at $315,000 after buying an additional 154 shares in the last quarter. Finally, Princeton Alpha Management LP purchased a new position in Crh Plc during the second quarter valued at about $356,000. Institutional investors own 7.41% of the company’s stock.

Shares of Crh Plc (NYSE:CRH) traded down 3.86% during midday trading on Friday, reaching $32.14. The company had a trading volume of 3,140,812 shares. The stock’s 50 day moving average is $32.27 and its 200-day moving average is $29.71. The stock has a market capitalization of $26.52 billion, a PE ratio of 24.69 and a beta of 1.31. Crh Plc has a 12-month low of $23.33 and a 12-month high of $34.28.

The company also recently disclosed a dividend, which will be paid on Monday, November 14th. Investors of record on Friday, September 9th will be given a dividend of $0.204 per share. The ex-dividend date of this dividend is Wednesday, September 7th.

Several equities analysts have weighed in on the company. Beaufort Securities reissued a “hold” rating on shares of Crh Plc in a research note on Friday, August 26th. Deutsche Bank AG reissued a “hold” rating on shares of Crh Plc in a research note on Tuesday, May 31st. BNP Paribas reissued an “outperform” rating on shares of Crh Plc in a research note on Tuesday, June 21st. Numis Securities Ltd lowered Crh Plc from an “add” rating to a “hold” rating in a research note on Friday, August 26th. Finally, Zacks Investment Research raised Crh Plc from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research note on Thursday, September 8th. Seven analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $32.00.

Crh Plc Company Profile

CRH plc manufactures and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.

5 Day Chart for NYSE:CRH

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