Dimensional Fund Advisors LP Has $169.33 Million Holdings in CRH plc (NYSE:CRH)

Dimensional Fund Advisors LP raised its holdings in shares of CRH plc (NYSE:CRH - Free Report) by 92.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,830,255 shares of the construction company's stock after acquiring an additional 877,386 shares during the period. Dimensional Fund Advisors LP owned approximately 0.27% of CRH worth $169,334,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Group Inc. lifted its holdings in CRH by 7.9% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,562,962 shares of the construction company's stock worth $144,605,000 after purchasing an additional 114,072 shares during the period. Park Avenue Securities LLC lifted its stake in shares of CRH by 22.1% in the 4th quarter. Park Avenue Securities LLC now owns 32,557 shares of the construction company's stock worth $3,012,000 after acquiring an additional 5,889 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of CRH by 10.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,450,632 shares of the construction company's stock worth $226,732,000 after acquiring an additional 232,977 shares during the period. Merit Financial Group LLC boosted its holdings in shares of CRH by 31.8% in the fourth quarter. Merit Financial Group LLC now owns 23,253 shares of the construction company's stock valued at $2,151,000 after acquiring an additional 5,610 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in CRH by 19.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 72,778 shares of the construction company's stock worth $6,733,000 after purchasing an additional 12,076 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CRH shares. Berenberg Bank set a $120.00 price target on CRH in a research note on Friday, February 28th. Citigroup lowered their target price on CRH from $120.00 to $115.00 and set a "buy" rating on the stock in a report on Monday, January 6th. Royal Bank of Canada dropped their price target on shares of CRH from $127.00 to $108.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. StockNews.com upgraded shares of CRH from a "hold" rating to a "buy" rating in a research report on Thursday, February 27th. Finally, Loop Capital started coverage on shares of CRH in a report on Wednesday, April 9th. They issued a "buy" rating and a $114.00 target price on the stock. Eleven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, CRH has an average rating of "Buy" and an average price target of $112.36.

CRH Stock Down 0.2 %

Shares of CRH stock traded down $0.20 during trading on Tuesday, hitting $92.84. The stock had a trading volume of 972,229 shares, compared to its average volume of 5,689,288. CRH plc has a 1 year low of $71.18 and a 1 year high of $110.97. The stock has a 50 day simple moving average of $92.42 and a 200 day simple moving average of $96.03. The company has a market capitalization of $62.79 billion, a PE ratio of 18.56, a P/E/G ratio of 1.15 and a beta of 1.30.

CRH Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 16th. Shareholders of record on Friday, March 14th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.59%. This is a boost from CRH's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, March 14th. CRH's payout ratio is presently 22.66%.

About CRH

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.