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Jun 27, 2023

Vestmark Advisory Solutions Inc. Invests $209,000 in CRH plc (NYSE:CRH)

Vestmark Advisory Solutions Inc. bought a new position in shares of CRH plc (NYSE:CRH - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,107 shares of the construction company's stock, valued at approximately $209,000.

Several other large investors also recently bought and sold shares of the business. Private Trust Co. NA boosted its holdings in CRH by 670.0% in the 1st quarter. Private Trust Co. NA now owns 539 shares of the construction company's stock valued at $27,000 after purchasing an additional 469 shares during the last quarter. Heritage Wealth Management LLC grew its position in shares of CRH by 100.0% in the 4th quarter. Heritage Wealth Management LLC now owns 700 shares of the construction company's stock valued at $28,000 after buying an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of CRH by 53.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the construction company's stock valued at $41,000 after buying an additional 359 shares during the last quarter. CWM LLC grew its position in shares of CRH by 81.2% in the 4th quarter. CWM LLC now owns 1,294 shares of the construction company's stock valued at $51,000 after buying an additional 580 shares during the last quarter. Finally, Hollencrest Capital Management acquired a new stake in CRH during the 4th quarter worth $54,000. Hedge funds and other institutional investors own 6.03% of the company's stock.

CRH stock opened at $56.44 on Friday. CRH plc has a 1 year low of $31.22 and a 1 year high of $60.72. The firm has a 50 day moving average price of $56.37 and a 200 day moving average price of $51.44. The company has a market cap of $40.78 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 1.36 and a beta of 1.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.19 and a current ratio of 1.67.

CRH has been the subject of a number of recent research reports. StockNews.com started coverage on shares of CRH in a research note on Thursday. They set a "buy" rating for the company. Redburn Partners started coverage on shares of CRH in a research note on Thursday, June 15th. They issued a "buy" rating and a $6.50 price objective for the company.

View Our Latest Stock Report on CRH

CRH plc, through its subsidiaries, manufactures and distributes building materials in Ireland and internationally. It operates through three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, kerbs, retaining walls, and related patio products; It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as engineered anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications.

Want to see what other hedge funds are holding CRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CRH plc (NYSE:CRH - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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