Quadrant Capital Group LLC Acquires 3,203 Shares of Crh Plc (NYSE:CRH)

Quadrant Capital Group LLC lifted its position in shares of Crh Plc (NYSE:CRH) by 32.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,074 shares of the construction company’s stock after purchasing an additional 3,203 shares during the period. Quadrant Capital Group LLC’s holdings in CRH were worth $421,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Trust N.A. lifted its position in shares of CRH by 4.1% during the first quarter. Raymond James Trust N.A. now owns 8,528 shares of the construction company’s stock valued at $264,000 after purchasing an additional 336 shares in the last quarter. Renaissance Group LLC lifted its position in shares of CRH by 25.6% during the first quarter. Renaissance Group LLC now owns 503,145 shares of the construction company’s stock valued at $15,597,000 after purchasing an additional 102,478 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of CRH by 18.7% during the first quarter. Rehmann Capital Advisory Group now owns 7,572 shares of the construction company’s stock valued at $235,000 after purchasing an additional 1,193 shares in the last quarter. Deutsche Bank AG lifted its position in shares of CRH by 222.0% during the fourth quarter. Deutsche Bank AG now owns 1,456,642 shares of the construction company’s stock valued at $38,382,000 after purchasing an additional 1,004,241 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of CRH by 9.4% during the first quarter. Oppenheimer Asset Management Inc. now owns 38,465 shares of the construction company’s stock valued at $1,192,000 after purchasing an additional 3,321 shares in the last quarter. 4.48% of the stock is currently owned by institutional investors.

NYSE CRH traded down $0.67 during trading hours on Friday, reaching $31.98. 481,606 shares of the company were exchanged, compared to its average volume of 390,146. Crh Plc has a 1 year low of $24.62 and a 1 year high of $34.27. The firm has a 50 day simple moving average of $32.92. The company has a quick ratio of 1.06, a current ratio of 1.56 and a debt-to-equity ratio of 0.53. The company has a market cap of $27.39 billion, a PE ratio of 13.97 and a beta of 0.90.

A number of research firms recently weighed in on CRH. Credit Suisse Group reissued a “hold” rating and set a $32.00 price target on shares of CRH in a research report on Friday, July 5th. Zacks Investment Research lowered shares of CRH from a “hold” rating to a “sell” rating in a research report on Monday, July 15th. Barclays lowered shares of CRH from an “overweight” rating to an “equal weight” rating in a research report on Monday, July 8th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $33.40 price target on shares of CRH in a research report on Tuesday, July 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $33.47.

CRH Profile

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, readymixed and precast concrete, and asphalt products; and construction accessories, architectural products, shutters and awnings, and perimeter protection and network access products.

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Institutional Ownership by Quarter for CRH (NYSE:CRH)

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