Quantinno Capital Management LP Has $4.35 Million Holdings in CRH plc (NYSE:CRH)

Quantinno Capital Management LP raised its holdings in CRH plc (NYSE:CRH - Free Report) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,957 shares of the construction company's stock after purchasing an additional 5,152 shares during the quarter. Quantinno Capital Management LP's holdings in CRH were worth $4,345,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Arkadios Wealth Advisors raised its holdings in shares of CRH by 4.9% in the fourth quarter. Arkadios Wealth Advisors now owns 2,335 shares of the construction company's stock valued at $216,000 after buying an additional 109 shares during the last quarter. Covestor Ltd increased its stake in shares of CRH by 20.4% in the 4th quarter. Covestor Ltd now owns 755 shares of the construction company's stock valued at $70,000 after buying an additional 128 shares during the period. Parallel Advisors LLC raised its position in shares of CRH by 1.9% during the fourth quarter. Parallel Advisors LLC now owns 6,810 shares of the construction company's stock worth $630,000 after acquiring an additional 129 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of CRH by 3.2% during the fourth quarter. First Eagle Investment Management LLC now owns 4,367 shares of the construction company's stock worth $405,000 after acquiring an additional 136 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in CRH by 18.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 971 shares of the construction company's stock valued at $90,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

CRH Trading Down 0.4%

Shares of CRH stock traded down $0.35 on Friday, hitting $94.44. The stock had a trading volume of 1,941,488 shares, compared to its average volume of 5,785,608. CRH plc has a twelve month low of $71.18 and a twelve month high of $110.97. The company has a fifty day moving average price of $91.46 and a two-hundred day moving average price of $96.35. The firm has a market cap of $63.81 billion, a P/E ratio of 18.88, a PEG ratio of 1.15 and a beta of 1.33.

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

CRH Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 23rd will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, May 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.57%. CRH's payout ratio is 23.52%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CRH shares. Royal Bank of Canada dropped their price objective on CRH from $127.00 to $108.00 and set an "outperform" rating for the company in a report on Monday, April 14th. Berenberg Bank set a $120.00 price target on shares of CRH in a research note on Friday, February 28th. Wall Street Zen upgraded shares of CRH from a "hold" rating to a "buy" rating in a report on Thursday, February 27th. Morgan Stanley reaffirmed an "overweight" rating on shares of CRH in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. dropped their target price on shares of CRH from $118.00 to $114.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. One investment analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, CRH currently has a consensus rating of "Buy" and an average price target of $112.58.

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.