Boston Common Asset Management LLC Has $25.05 Million Stock Holdings in CRH plc (NYSE:CRH)

Boston Common Asset Management LLC raised its position in CRH plc (NYSE:CRH - Free Report) by 21.2% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 284,702 shares of the construction company's stock after acquiring an additional 49,896 shares during the period. Boston Common Asset Management LLC's holdings in CRH were worth $25,045,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of CRH in the 4th quarter valued at approximately $1,391,245,000. FMR LLC grew its holdings in CRH by 13.0% during the fourth quarter. FMR LLC now owns 40,843,362 shares of the construction company's stock worth $3,781,004,000 after purchasing an additional 4,687,345 shares during the period. Franklin Resources Inc. grew its holdings in CRH by 17.0% during the fourth quarter. Franklin Resources Inc. now owns 16,788,918 shares of the construction company's stock worth $1,553,194,000 after purchasing an additional 2,437,868 shares during the period. Deutsche Bank AG grew its holdings in CRH by 72.2% during the fourth quarter. Deutsche Bank AG now owns 4,717,597 shares of the construction company's stock worth $436,472,000 after purchasing an additional 1,978,225 shares during the period. Finally, D. E. Shaw & Co. Inc. grew its holdings in CRH by 931.3% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,977,992 shares of the construction company's stock worth $183,004,000 after purchasing an additional 1,786,189 shares during the period. Institutional investors own 62.50% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Loop Capital began coverage on CRH in a report on Wednesday, April 9th. They set a "buy" rating and a $114.00 price target for the company. Berenberg Bank set a $120.00 price target on CRH in a research note on Friday, February 28th. Royal Bank of Canada dropped their price target on CRH from $127.00 to $108.00 and set an "outperform" rating on the stock in a research note on Monday, April 14th. JPMorgan Chase & Co. dropped their price target on CRH from $118.00 to $114.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 11th. Finally, Sanford C. Bernstein began coverage on CRH in a research note on Tuesday, May 13th. They issued an "outperform" rating and a $115.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $112.58.

CRH Price Performance

NYSE CRH traded down $1.13 on Monday, reaching $90.03. The stock had a trading volume of 2,012,724 shares, compared to its average volume of 6,333,151. CRH plc has a 1-year low of $71.18 and a 1-year high of $110.97. The firm has a fifty day moving average of $90.96 and a two-hundred day moving average of $96.00. The company has a market cap of $60.83 billion, a P/E ratio of 18.02, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33.

CRH (NYSE:CRH - Get Free Report) last released its earnings results on Monday, May 5th. The construction company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.06). The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.77 billion. CRH had a return on equity of 16.35% and a net margin of 9.86%. Research analysts predict that CRH plc will post 5.47 EPS for the current fiscal year.

CRH Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 23rd will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Friday, May 23rd. CRH's dividend payout ratio (DPR) is presently 23.52%.

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.