6,143 Shares in CRH plc (NYSE:CRH) Bought by Brucke Financial Inc.

Brucke Financial Inc. acquired a new stake in CRH plc (NYSE:CRH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,143 shares of the construction company's stock, valued at approximately $608,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CRH. Orion Capital Management LLC bought a new stake in CRH in the fourth quarter valued at about $28,000. Heck Capital Advisors LLC acquired a new stake in shares of CRH during the 4th quarter valued at $32,000. Brown Brothers Harriman & Co. lifted its holdings in shares of CRH by 214.3% in the fourth quarter. Brown Brothers Harriman & Co. now owns 352 shares of the construction company's stock valued at $33,000 after purchasing an additional 240 shares in the last quarter. Colonial Trust Co SC purchased a new stake in shares of CRH in the fourth quarter valued at $37,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of CRH in the fourth quarter valued at $38,000. Hedge funds and other institutional investors own 62.50% of the company's stock.

CRH Trading Down 0.0%

Shares of CRH stock traded down $0.01 during trading hours on Thursday, reaching $91.95. The company's stock had a trading volume of 5,640,289 shares, compared to its average volume of 5,812,268. CRH plc has a one year low of $71.18 and a one year high of $110.97. The stock has a market capitalization of $62.13 billion, a P/E ratio of 18.39, a P/E/G ratio of 1.15 and a beta of 1.33. The firm's fifty day simple moving average is $91.23 and its 200 day simple moving average is $96.19.

CRH (NYSE:CRH - Get Free Report) last posted 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). CRH had a net margin of 9.86% and a return on equity of 16.35%. The company had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.77 billion. As a group, equities research analysts forecast that CRH plc will post 5.47 earnings per share for the current fiscal year.

CRH Announces Dividend

The company 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. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $1.48 annualized dividend and a yield of 1.61%. CRH's dividend payout ratio (DPR) is currently 23.52%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an "overweight" rating on shares of CRH in a research note on Wednesday, May 7th. Sanford C. Bernstein started coverage on shares of CRH in a research note on Tuesday, May 13th. They set an "outperform" rating and a $115.00 target price for the company. Royal Bank of Canada dropped their price objective on shares of CRH from $127.00 to $108.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Wall Street Zen raised CRH from a "hold" rating to a "buy" rating in a report on Thursday, February 27th. Finally, JPMorgan Chase & Co. cut their target price on shares of CRH from $118.00 to $114.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, CRH currently has a consensus rating of "Buy" and an average price target of $112.58.

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.