7,960 Shares in Crh Plc (NYSE:CRH) Purchased by Strategic Investment Solutions Inc. IL

Strategic Investment Solutions Inc. IL acquired a new position in shares of Crh Plc (NYSE:CRH - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,960 shares of the construction company's stock, valued at approximately $700,000.

Other institutional investors have also made changes to their positions in the company. Orion Capital Management LLC acquired a new stake in shares of CRH during the fourth quarter valued at about $28,000. Park Square Financial Group LLC acquired a new stake in shares of CRH during the fourth quarter valued at about $32,000. Heck Capital Advisors LLC acquired a new stake in shares of CRH during the fourth quarter valued at about $32,000. Colonial Trust Co SC acquired a new stake in shares of CRH during the fourth quarter valued at about $37,000. Finally, GW&K Investment Management LLC increased its position in shares of CRH by 86.7% during the first quarter. GW&K Investment Management LLC now owns 448 shares of the construction company's stock valued at $39,000 after acquiring an additional 208 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

CRH Stock Down 0.1%

NYSE CRH opened at $95.31 on Monday. Crh Plc has a 52 week low of $74.03 and a 52 week high of $110.97. The stock has a market capitalization of $64.40 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The firm has a 50 day moving average of $93.24 and a two-hundred day moving average of $94.81.

CRH (NYSE:CRH - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The construction company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.06). CRH had a return on equity of 15.88% and a net margin of 9.17%. The firm had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.77 billion. On average, equities research analysts expect that Crh Plc will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Loop Capital initiated coverage on shares of CRH in a research report on Wednesday, April 9th. They set a "buy" rating and a $114.00 price target for the company. Morgan Stanley reissued an "overweight" rating on shares of CRH in a research note on Wednesday, May 7th. The Goldman Sachs Group reissued a "neutral" rating on shares of CRH in a research note on Tuesday, May 6th. DA Davidson reissued a "neutral" rating and issued a $105.00 price objective (down previously from $120.00) on shares of CRH in a research note on Thursday, July 10th. Finally, Royal Bank Of Canada lowered their price objective on shares of CRH from $127.00 to $108.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $112.82.

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.

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