Savant Capital LLC Buys 442 Shares of CRH plc (NYSE:CRH)

Savant Capital LLC lifted its position in CRH plc (NYSE:CRH) by 17.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,042 shares of the construction company’s stock after purchasing an additional 442 shares during the quarter. Savant Capital LLC’s holdings in CRH were worth $281,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CRH. Deseret Mutual Benefit Administrators purchased a new position in shares of CRH in the 3rd quarter worth $25,000. Heck Capital Advisors LLC bought a new position in shares of CRH in the 4th quarter valued at about $32,000. Meeder Asset Management Inc. bought a new position in shares of CRH in the 3rd quarter valued at about $35,000. Baillie Gifford & Co. grew its position in CRH by 70.7% in the third quarter. Baillie Gifford & Co. now owns 391 shares of the construction company’s stock worth $36,000 after acquiring an additional 162 shares in the last quarter. Finally, Spire Wealth Management purchased a new stake in CRH during the fourth quarter valued at approximately $57,000. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

CRH Stock Up 2.0 %

Shares of NYSE:CRH opened at $110.44 on Wednesday. The business’s 50 day moving average is $97.47 and its 200 day moving average is $94.00. The stock has a market cap of $75.01 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 1.18 and a beta of 1.30. CRH plc has a 52-week low of $71.18 and a 52-week high of $110.97.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Citigroup dropped their target price on CRH from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, January 6th. DA Davidson lifted their price objective on shares of CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Barclays initiated coverage on shares of CRH in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 target price on the stock. Morgan Stanley lifted their price target on shares of CRH from $95.00 to $104.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Finally, Hsbc Global Res upgraded shares of CRH to a “strong-buy” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $107.75.

CRH 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.