CRH plc (NYSE:CRH) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lifted its holdings in shares of CRH plc (NYSE:CRH - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,176,538 shares of the construction company's stock after purchasing an additional 315,190 shares during the period. DekaBank Deutsche Girozentrale owned about 0.58% of CRH worth $288,097,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CRH. UMB Bank n.a. bought a new stake in CRH in the 4th quarter worth $33,000. WASHINGTON TRUST Co bought a new stake in CRH in the 4th quarter worth $35,000. Chilton Capital Management LLC bought a new stake in CRH in the 4th quarter worth $35,000. Financial Management Professionals Inc. grew its holdings in CRH by 139.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 545 shares of the construction company's stock worth $30,000 after acquiring an additional 317 shares during the last quarter. Finally, KB Financial Partners LLC bought a new stake in CRH in the 1st quarter worth $30,000. Institutional investors own 62.50% of the company's stock.

CRH Trading Up 2.3 %

NYSE CRH traded up $1.93 during trading hours on Friday, reaching $86.40. 2,138,560 shares of the company's stock traded hands, compared to its average volume of 2,900,574. CRH plc has a 52-week low of $46.84 and a 52-week high of $88.00. The firm has a 50-day simple moving average of $80.31 and a 200 day simple moving average of $68.37.

CRH Dividend Announcement

The firm also recently declared a Variable dividend, which will be paid on Wednesday, April 17th. Investors of record on Friday, March 15th will be given a dividend of $0.262 per share. The ex-dividend date is Thursday, March 14th. This represents a yield of 2%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CRH shares. Vertical Research started coverage on shares of CRH in a report on Friday, March 22nd. They issued a "buy" rating and a $105.00 price target on the stock. Jefferies Financial Group raised their target price on shares of CRH from $89.70 to $100.00 and gave the stock a "buy" rating in a research report on Monday, March 4th. StockNews.com raised shares of CRH from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, March 27th. Truist Financial raised their target price on shares of CRH from $81.00 to $95.00 and gave the stock a "buy" rating in a research report on Monday, March 4th. Finally, Citigroup raised their target price on shares of CRH from $101.00 to $106.00 and gave the stock a "buy" rating in a research report on Friday. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, CRH presently has an average rating of "Buy" and an average price target of $78.93.

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.