Atria Wealth Solutions Inc. Boosts Stake in CRH plc (NYSE:CRH)

Atria Wealth Solutions Inc. boosted its holdings in shares of CRH plc (NYSE:CRH) by 79.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,208 shares of the construction company’s stock after acquiring an additional 2,754 shares during the period. Atria Wealth Solutions Inc.’s holdings in CRH were worth $574,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CRH. D.A. Davidson & CO. boosted its holdings 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 lifted its position in CRH by 8.8% during the fourth quarter. Truist Financial Corp now owns 206,266 shares of the construction company’s stock worth $19,084,000 after buying an additional 16,663 shares in the last quarter. CIBC Asset Management Inc boosted its stake in CRH by 13.6% during the fourth quarter. CIBC Asset Management Inc now owns 27,836 shares of the construction company’s stock worth $2,575,000 after buying an additional 3,326 shares during the last quarter. Principal Securities Inc. grew its holdings in CRH by 1.5% in the 4th quarter. Principal Securities Inc. now owns 20,762 shares of the construction company’s stock valued at $1,921,000 after buying an additional 307 shares in the last quarter. Finally, Little House Capital LLC acquired a new stake in shares of CRH in the 4th quarter worth $824,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

CRH Price Performance

NYSE CRH opened at $102.26 on Thursday. The company has a market cap of $69.46 billion, a P/E ratio of 20.45, a P/E/G ratio of 1.15 and a beta of 1.30. The stock has a 50-day moving average of $98.25 and a two-hundred day moving average of $95.07. CRH plc has a 1-year low of $71.18 and a 1-year high of $110.97.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on CRH shares. Hsbc Global Res raised shares of CRH to a “strong-buy” rating in a report on Monday, November 11th. DA Davidson increased their price target on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, November 11th. HSBC started coverage on shares of CRH in a research report on Monday, November 11th. They set a “buy” rating and a $116.00 price target on the stock. Citigroup lowered their price objective on CRH from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Finally, Morgan Stanley lifted their target price on CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, CRH currently has an average rating of “Buy” and a consensus price target of $107.75.

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.