CRH PLC (CRH) Holdings Increased by Tower Research Capital LLC TRC
Tower Research Capital LLC TRC grew its holdings in shares of CRH PLC (NYSE:CRH) by 781.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,791 shares of the construction company’s stock after acquiring an additional 3,361 shares during the period. Tower Research Capital LLC TRC’s holdings in CRH PLC were worth $134,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Huntington National Bank boosted its position in shares of CRH PLC by 5.0% during the 2nd quarter. Huntington National Bank now owns 2,842 shares of the construction company’s stock worth $101,000 after purchasing an additional 135 shares in the last quarter. Acrospire Investment Management LLC bought a new position in shares of CRH PLC during the 2nd quarter worth about $149,000. Advisor Group Inc. boosted its position in shares of CRH PLC by 38.6% during the 2nd quarter. Advisor Group Inc. now owns 4,520 shares of the construction company’s stock worth $160,000 after purchasing an additional 1,259 shares in the last quarter. Grove Bank & Trust boosted its position in shares of CRH PLC by 69.3% during the 2nd 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 in the last quarter. Finally, Quantbot Technologies LP boosted its position in shares of CRH PLC by 307.1% during the 2nd quarter. Quantbot Technologies LP now owns 7,319 shares of the construction company’s stock worth $259,000 after purchasing an additional 5,521 shares in the last quarter. Hedge funds and other institutional investors own 4.05% of the company’s stock.
CRH has been the topic of a number of research analyst reports. BidaskClub cut shares of CRH PLC from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Morgan Stanley raised shares of CRH PLC from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $30.50 to $32.50 in a research report on Wednesday, September 13th. Finally, Jefferies Group LLC initiated coverage on shares of CRH PLC in a research report on Wednesday, September 27th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $32.50.
The business also recently declared a None dividend, which will be paid on Monday, November 13th. Investors of record on Friday, September 8th will be given a dividend of $0.226 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a dividend yield of 1.33%. This is a boost from CRH PLC’s previous None dividend of $0.20.
CRH PLC Company 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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