Crh Plc (NYSE:CRH) is Hillman Co.'s 5th Largest Position

Hillman Co. increased its holdings in shares of Crh Plc (NYSE:CRH - Free Report) by 8.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 273,452 shares of the construction company's stock after buying an additional 20,300 shares during the quarter. CRH accounts for approximately 9.1% of Hillman Co.'s holdings, making the stock its 5th biggest position. Hillman Co.'s holdings in CRH were worth $24,056,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Orion Capital Management LLC purchased a new stake in CRH in the 4th quarter worth approximately $28,000. Heck Capital Advisors LLC bought a new stake in CRH in the fourth quarter worth approximately $32,000. Park Square Financial Group LLC acquired a new position in CRH during the fourth quarter worth $32,000. Brown Brothers Harriman & Co. lifted its holdings in CRH by 214.3% in the 4th quarter. Brown Brothers Harriman & Co. now owns 352 shares of the construction company's stock worth $33,000 after purchasing an additional 240 shares during the last quarter. Finally, Colonial Trust Co SC bought a new position in CRH in the 4th quarter worth $37,000. 62.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Morgan Stanley reiterated 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 report on Tuesday, May 6th. JPMorgan Chase & Co. cut their target price on CRH from $118.00 to $114.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. Sanford C. Bernstein started coverage on CRH in a research report on Tuesday, May 13th. They issued an "outperform" rating and a $115.00 target price for the company. Finally, Loop Capital began coverage on shares of CRH in a report on Wednesday, April 9th. They issued a "buy" rating and a $114.00 price target on the stock. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, CRH has a consensus rating of "Buy" and an average target price of $114.18.

CRH Stock Performance

Shares of NYSE:CRH opened at $91.52 on Monday. The company's fifty day moving average is $92.80 and its 200-day moving average is $94.56. Crh Plc has a 52 week low of $71.18 and a 52 week high of $110.97. The company has a market capitalization of $61.83 billion, a PE ratio of 19.39, a P/E/G ratio of 1.39 and a beta of 1.28.

CRH (NYSE:CRH - Get Free Report) last announced its quarterly 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 firm had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.77 billion. CRH had a net margin of 9.17% and a return on equity of 15.88%. On average, analysts forecast that Crh Plc will post 5.47 EPS for the current year.

CRH Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Friday, May 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.62%. The ex-dividend date was Friday, May 23rd. CRH's payout ratio is currently 23.52%.

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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