Jaffetilchin Investment Partners LLC Lowers Position in Crh Plc (CRH)
Jaffetilchin Investment Partners LLC decreased its stake in shares of Crh Plc (NYSE:CRH) by 3.4% during the second quarter, Holdings Channel reports. The fund owned 11,940 shares of the construction company’s stock after selling 416 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Crh Plc were worth $424,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Profund Advisors LLC raised its stake in Crh Plc by 51.0% in the first quarter. Profund Advisors LLC now owns 32,686 shares of the construction company’s stock valued at $1,150,000 after buying an additional 11,033 shares during the last quarter. Sit Investment Associates Inc. raised its stake in Crh Plc by 555.7% in the first quarter. Sit Investment Associates Inc. now owns 34,750 shares of the construction company’s stock valued at $1,222,000 after buying an additional 29,450 shares during the last quarter. Dubuque Bank & Trust Co. acquired a new stake in Crh Plc during the first quarter valued at approximately $1,493,000. Wetherby Asset Management Inc. raised its stake in Crh Plc by 14.0% in the first quarter. Wetherby Asset Management Inc. now owns 13,049 shares of the construction company’s stock valued at $459,000 after buying an additional 1,606 shares during the last quarter. Finally, Greenleaf Trust acquired a new stake in Crh Plc during the first quarter valued at approximately $270,000. 4.09% of the stock is owned by hedge funds and other institutional investors.
Crh Plc (NYSE:CRH) opened at 35.34 on Thursday. The company’s 50 day moving average price is $35.40 and its 200-day moving average price is $35.44. Crh Plc has a 52 week low of $31.55 and a 52 week high of $38.04. The company has a market capitalization of $29.42 billion, a P/E ratio of 20.07 and a beta of 0.96.
Several equities research analysts have recently commented on CRH shares. Bank of America Corporation raised shares of Crh Plc from a “neutral” rating to a “buy” rating in a research report on Friday, April 21st. BidaskClub lowered shares of Crh Plc from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $39.00.
About Crh Plc
CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
Want to see what other hedge funds are holding CRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crh Plc (NYSE:CRH).
Receive News & Ratings for Crh Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crh Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.