Marshall Wace North America L.P. bought a new position in shares of CRH PLC (NYSE:CRH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,439 shares of the construction company’s stock, valued at approximately $471,000.

A number of other hedge funds have also bought and sold shares of the stock. Advisors Asset Management Inc. lifted its stake in CRH PLC by 8.3% during the second quarter. Advisors Asset Management Inc. now owns 144,457 shares of the construction company’s stock worth $5,124,000 after purchasing an additional 11,046 shares during the last quarter. Wetherby Asset Management Inc. lifted its stake in CRH PLC by 3.4% during the second quarter. Wetherby Asset Management Inc. now owns 13,496 shares of the construction company’s stock worth $479,000 after purchasing an additional 447 shares during the last quarter. Grove Bank & Trust lifted its stake in CRH PLC by 69.3% during the second quarter. Grove Bank & Trust now owns 4,910 shares of the construction company’s stock worth $174,000 after purchasing an additional 2,010 shares during the last quarter. Greenleaf Trust lifted its stake in CRH PLC by 5.0% during the second quarter. Greenleaf Trust now owns 8,069 shares of the construction company’s stock worth $286,000 after purchasing an additional 382 shares during the last quarter. Finally, Huntington National Bank lifted its stake in CRH PLC by 5.0% during the second quarter. Huntington National Bank now owns 2,842 shares of the construction company’s stock worth $101,000 after purchasing an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 4.05% of the company’s stock.

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Several equities research analysts recently weighed in on CRH shares. Morgan Stanley upgraded CRH PLC from an “underweight” rating to an “equal weight” rating in a research note on Wednesday. BidaskClub cut CRH PLC from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. CRH PLC currently has a consensus rating of “Hold”.

CRH PLC (NYSE:CRH) opened at 35.09 on Thursday. The firm’s 50-day moving average price is $34.87 and its 200 day moving average price is $35.48. CRH PLC has a 52-week low of $31.55 and a 52-week high of $38.04. The firm has a market cap of $29.28 billion, a price-to-earnings ratio of 18.92 and a beta of 0.98.

The company also recently announced a None dividend, which will be paid on Monday, November 13th. Shareholders of record on Friday, September 8th will be issued a dividend of $0.226 per share. This represents a yield of 1.33%. The ex-dividend date is Thursday, September 7th. This is an increase from CRH PLC’s previous None dividend of $0.20.

CRH PLC Profile

CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.

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Institutional Ownership by Quarter for CRH PLC (NYSE:CRH)

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