JPMorgan Chase & Co. grew its stake in Crh Plc (NYSE:CRH) by 26.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 578,349 shares of the construction company’s stock after acquiring an additional 119,267 shares during the quarter. JPMorgan Chase & Co. owned about 0.07% of CRH worth $21,561,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. FMR LLC increased its holdings in shares of CRH by 3.6% in the 2nd quarter. FMR LLC now owns 9,878,353 shares of the construction company’s stock valued at $350,385,000 after acquiring an additional 344,599 shares during the period. Northern Trust Corp increased its holdings in shares of CRH by 1.0% in the 2nd quarter. Northern Trust Corp now owns 730,588 shares of the construction company’s stock valued at $25,913,000 after acquiring an additional 7,465 shares during the period. Federated Investors Inc. PA increased its holdings in shares of CRH by 47.4% in the 2nd quarter. Federated Investors Inc. PA now owns 648,192 shares of the construction company’s stock valued at $22,992,000 after acquiring an additional 208,391 shares during the period. Parametric Portfolio Associates LLC increased its holdings in shares of CRH by 10.3% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 617,352 shares of the construction company’s stock valued at $21,897,000 after acquiring an additional 57,438 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in CRH by 1.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 561,248 shares of the construction company’s stock worth $21,249,000 after buying an additional 10,152 shares during the last quarter. Institutional investors and hedge funds own 3.43% of the company’s stock.

Crh Plc (CRH) opened at $33.87 on Friday. Crh Plc has a one year low of $32.82 and a one year high of $38.06. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 1.10.

Several research analysts recently weighed in on the company. Jefferies Group assumed coverage on CRH in a research note on Wednesday, September 27th. They set a “buy” rating on the stock. Zacks Investment Research downgraded CRH from a “hold” rating to a “sell” rating in a research note on Tuesday, November 28th. Finally, Morgan Stanley upgraded CRH from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $30.50 to $32.50 in a research note on Wednesday, September 13th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $32.50.

TRADEMARK VIOLATION NOTICE: This story was first reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/jpmorgan-chase-co-has-21-56-million-stake-in-crh-plc-crh/1767622.html.

CRH Profile

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).

Institutional Ownership by Quarter for CRH (NYSE:CRH)

Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.